Reactivate cds account 2025

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There are no fees for reactivating dormant accounts, and banks cannot impose penalties for not maintaining minimum balances in such accounts.
9 Strategies to Re-Engage Dormant Customers Capture Customer Contact Information. Survey Customers. Send Direct Mail. Segment Emails. Offer an Incentive. Give Customers More Options. Host an Event. Share Educational Content.
How to activate your CDS Account. 1. Contact your stockbroker/custodian bank 2. Fill a Dormant account activation form 3.
A request should be given to the branch for activation of account. Branch will activate the account based on the KYC documents submitted by the customer.
If youve closed your account (rather than a bank doing so), you can typically submit a request to reopen, say, your checking account. This can be done online, over the phone, or by visiting a branch in person, with the exact process varying depending on the specific financial institution.
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Customer to visit the base branch of the Bank where the account is maintained with request letter for activation of inoperative account and submit fresh KYC documents. The customer to deposit minimum Rs 100/- in their account at the time of activation of inoperative accounts.
How do I reactivate my Dormant account? Individual depositor with Dormant CDS account may use the Bursa Anywhere to reactivate the said CDS account. The reactivation fee shall be paid directly by the individual depositor to Bursa Depositorys bank account through Paynets FPX payment gateway.

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