This astounding sum belongs to around 10 million people, the firm estimates.
In May 2020, it was announced that £150million from dormant bank and building society accounts would be unlocked to help charities, social enterprises and vulnerable individuals during the coronavirus pandemic.
The topic of money sitting in dormant bank accounts was also discussed last week, on the BBC One show Morning Live.
Ahead of the Budget, on Wednesday, finance expert and campaigner Alice Tapper appeared as a guest on the show, sharing her thoughts on what the Chancellor of the Exchequer Rishi Sunak could announce.
Bank account details can be hard to keep track of for some (Image: GETTY)
| UPDATED: 14:26, Fri, Jan 8, 2021
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