HOW TO REPAY DEBT TO A CLOSED BANK
If the party is no longer available then you don’t need to go out of your way to pay them. But as soon as the other party becomes identifiable, then you should be ready to pay them. However, if it is certain that the bank is closed for good and there’s no chance for it’s merger or acquisition by another bank, then to achieve your peace of mind, you can do charity for that amount. A similar question was asked to Ghamidi Sahab recently, to which he commented as follows: Please refer to the video below from 19:37 to 21:06 https://youtu.be/AhtsALu32_k?t=1177