Monday, June 11, 2007

Dormant Account

When I was small, I like to open many bank accounts and get as many ATM cards, not that I had lots of money, but somehow felt proud to have more cards. Over the years I have closed many of them, leaving 2 that I use frequently except the stupid Bumiputra Commerce which requires me to close at the branch which I opened it...really stupid (I opened at Batu Gajah when studied in Perak).

Yesterday I just found a passbook from Bank Simpanan Nasional. I have almost forgotten that this bank still exists. I can only remember its ATM machine was always out of order whenever you wanted to use it. I didn't know that I still have a few hundred bucks and the last update date was Feb 97...Luckily according to them I still can get back the money from Bank Negara by filling up a form.

Lesson learned...it's better not to have too many bank accounts...number of accounts doesn't matter, only the amount in the account does.

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