You can activate a dormant account by writing a letter of reactivation to the banking institution. To keep an account from becoming dormant, one is required to make periodic withdrawals from it.

You can activate a dormant account by writing a letter of reactivation to the banking institution. To keep an account from becoming dormant, one is required to make periodic withdrawals from it.

A dormant account is some sort of account or credit line that is open, but inactive. For instance, I have an equity line of credit with a zero balance. It is dormant.

There is no different. An inactive account is a dormant account, meaning there has been no activity for a certain amount of time.

If there are no transactions from last 6 months in a particular bank account it is called inactive account and the same continues for one year it called as dormant account