The bank said that when an account is considered inactive or "abandoned", it could block or transfer funds ... Full list of 66 Macy's stores set to close with clearance sales of up to 90 per ...

Banks have proposed using the Election Commission database to verify individuals who open accounts using voter identification ...

Banks can freeze or block accounts based on internal triggers. However, as per provisions of the Prevention of Money Laundering Act (PMLA), they do not have the authority to freeze or block ...