Chances of losing money in a foreign bank account
I am working in Singapore. I am going to move to Germany. So I am not sure if I should close my bank account. Is there any chance of losing money in the account (i.e. the bank confiscates it citing the reason that I am not there etc.)? Thanks.
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Is there any chance of losing money in the account
Assuming you are a Singapore citizen. The money is your's to claim. Note the account may go dormant [if you do not transact for a period] as per Bank's norms and they may charge a fees for such accounts.
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