Bank of America warns it may cancel accounts that aren’t active

Bank of America is warning customers they may lose their accounts if they haven't accessed them for extended periods of time - (AFP via Getty Images)

Bank of America is warning customers that their accounts may be canceled if they haven’t been in used in several years.

The national bank has sent letters to customers who haven’t accessed their account in several years, warning them it may be deactivated due to “escheatment” laws.