What is an e-money account?
An e-money account is a digital store of money. This may include prepaid cards or e-wallets (e.g. Revolut, TransferWise).
What is a dormant account?
A dormant account is an account that has had no financial activity for a long period of time. Grants staff need to know about these, as dormant accounts may still have a balance which you can use.
What is a savings account?
A saving account is an account where you store money and earn interest on that money.