The amount paid for inactivity varies by the banking institution, but is typically between $5 and $20 per month. To ensure that this fee isn't added to a client's account without their consent, it is important to monitor clients' deposits and withdrawals every month. A dormant account fee is assessed after a period of inactivity on an account. A fee is assessed each month that the account remains dormant - until the bank determines that it is appropriate to transfer the account to the state treasury.

Dormancy fees vary considerably depending on the institution. They can be one off or even charged monthly. It is important to carry out transactions regularly to avoid this fee as it can be seen as being quite hefty (often around $20) considering it is only due to inactivity, whcih can be avoided after all.

Dormancy fees, charged by banks or financial institutions for inactive accounts, can vary widely. Typically, these fees range from $5 to $15 per month, depending on the institution and the account type. Some banks might charge annually, with fees ranging from $25 to $100. The criteria for an account to be considered dormant also differ, usually requiring no customer-initiated activity for 6 to 12 months. It's important for account holders to be aware of their bank’s policies to avoid these fees, which can add up over time and diminish the account balance significantly.