Equity bank declares most Diaspora accounts dormant

Equity Bank has placed most of its diaspora accounts in dormant status claiming  lack of transaction for a period of 6 consecutive months .Customers are forced to fill a dormant reactivation form and send it to a physical address in Kenya, a process that is cumbersome and inconveniencing plus a fee of 200.00 ksh. Here below is the notice from Equity Bank.

Please be advised that your above referenced account is now in dormant status.

An account is flagged dormant if there are no customer initiated transactions for a period of 6 consecutive months.

Please note that you will be able to make deposit transactions into the account, however withdrawals are not allowed in

the current status.

Should you want to re-activate your account, kindly fill a dormant reactivation form and send it to the physical address

below or through our agents.

Click on the link below to download a dormant reactivation form and to view our agents contacts.

http://www.equitybank.co.ke/UserFiles/File/DORMANT_ACCOUNT_NEW.pdf

http://www.equitybank.co.ke/KAB/DIASPORA%20ALL%20AGENTS%20CONTACTS_NOV%202011.pdf

Africa Welfare Association is a pioneer provider of services to it’s Diaspora members in the event of loss of a loved one. We are entrusted with the welfare of the African Diaspora globally.

We are entrusted with the welfare of the African Diaspora globally. AWA was set up in response to the ever-growing demand for services at a critical time. With trusted partners, AWA will offer you benefits wherever you are in the world.

Alleviate stress with AWA

At some point, we have been with a grieving family or friend and come to learn that none of us are ever prepared to leave this world. When the time comes, we shall leave everything including our loved ones behind.

With proper planning, you can alleviate the burden of the expense associated with your untimely departure at a time when your family and loved ones are grieving.

Equity bank declares most Diaspora accounts dormant