For banks like Bank of America ... reclaiming funds involves following the state's unclaimed property claim process. This typically requires submitting proof of identity and ownership.

the funds will be transferred to the appropriate state agency. Bank of America said: "The legislation of each state defines when an account is considered inactive and at what point we must ...

The comptroller will hold those funds until they’re claimed by the rightful owners. Bank of America may consider an account abandoned if it has not been accessed for three years or more ...

Languages: English. Bank of America customers across the country could be at risk of losing access to their funds if they fail to meet certain activity requirements. The financial institution has ...