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Metrobank Account Inactive (dormant) for 1 year: Will it be closed?

Let's say you have a Metrobank account: a Metrobank ATM card, Passbook or other types of account. And that you haven't use or transact on that account for a year. No deposit. No withdrawals. No transactions ever done in 1 year. In short, the account is dormant or inactive for 1 year. Will that account be closed?
Answer

No. A Metrobank account which is inactive for 1 year will not be closed. According to one of the Rules and Regulations governing Metrobank Savings Account, a Metrobank account is regarded as dormant if it's inactive (no transactions are performed) for 2 years. So if your account has no transactions in less than 2 years, it is still active. Meaning you can still use the account. The money is still intact.

On the other hand, if your account is inactive for 2 years, Metrobank will charge a corresponding dormancy fee, regardless of account balance. The dormancy fee will be automatically debited from the dormant savings account.

Therefore, to avoid dormancy fee, you should at least perform a transaction (deposit, withdraw, fund transfer, pay bills, etc.) to your Metrobank account?

Are you worried with your inactive Metrobank account?
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"Metrobank Account Inactive (dormant) for 1 year: Will it be closed?" was written by Mary under the Banking category. It has been read 28850 times and generated 12 comments. The article was created on and updated on 30 December 2013.
Total comments : 12
carljosephquezon [Entry]

hi meron po akong atm debit card diko po sya nahulugan simula nung kinuha ko sya july 2019 ko po sya nakuha dormant na po ba yung kung dormant na pano po ulit ma active ang atm ko thanks
Aileen Sagala [Entry]

Hello good day, kahit po ba dormant account, mkktanggap pa rin po ba eto ng pera?
Princesaa [Entry]

Hi, My Account is dormant already how to activate it? I'm outside in the Philippines.
Ailyn Cadava [Entry]

Good Day Mam/sir
Ask ko lang po , May debit card po ako di napo nagamit for almost 1 year ,, inaalala ko po magkano na po total ng penalty ko kasi po 0 balance na po yun
Rosilyn mallorca [Entry]

Hello poh paanu poh ung atm account ng mother q inactive din pero last feb 5 2018 ng deposit p aq after that ng widraw p nga bkit ngau july 2 2018 ma widraw ung ate q inactive na bkit gnun
Mery Rose polintan [Entry]

nag open po ako before ng savings account .. and my last transaction po is last january 2017, 0 balance na po ang atm card ko since january.. magdedeposit po ulit ako how much po ang penalty ? inactivated na po ba un since almost 11 months na po wala transaction
Elmie [Entry]

Good day po need ko lang po tulong niyo ano po ba gagawin ko para magamit ko ang atm savings account ko po last year ko pa na gamit na naka withdraw po ako..at wala na po balance.since october last year po..gusto ko po sana atm ko gamitin ko pag padalhan ako ng pera galing abroad o remittance. .please po tulungan niyo po ako ano gagawin ko.thank you..God Bless
jayson [Entry]

how much it cost or the charge if your not sending your metro bank account with in one year?
Cheryl [Entry]

Great day Metrobank,

How do I reactivate my savings account which has been inactive for 1 year?

Your response will be highly appreciated

Thank you!
Vaneza Villorejo [Entry]

I opened a metrobank account endorsed by company for my salary. After the contract of working in their company, i deposited money for my savings. My problem: Will my account have the said maintaining balance to follow or none? and also, Will it be close automatically because i haven't done any deposits? only checking my card in the atm if it still works.
Madel [Entry]

How much is the dormancy fee for every month of inactivity?
ariel [Entry]

hi metrobank said my account is closed and said the my salary is now float? what to do now with my salary that has float? how can i receive the money float?