It clarifies and updates the procedures for managing funds that have remained unoperated or unclaimed for ten years or more, which are ultimately transferred to the Depositor Education and Awareness (DEA) Fund. Banks are now required to offer KYC updation services at all branches, including non- home branches. Also, banks are encouraged to utilize the Video-Customer Identification Process (V-CIP) for KYC updates. The banks are also to use their authorized Business Correspondents to facilitate the activation of these inoperative accounts and unclaimed deposits.