: Establish a recurring schedule (e.g., daily at a specific timezone) to scan for accounts hitting these thresholds.
The implementation of a "dormancy" feature typically focuses on managing and automated fee processing for inactive entities. This is common in financial platforms, membership systems, and customer loyalty programs to maintain system hygiene and comply with unclaimed property regulations. Key Components of a Dormancy Feature dormancy
: Define a progression of states (e.g., Active → Inactive → Dormant → Unclaimed). : Establish a recurring schedule (e