How to Close a Bank Account

For one reason or another, most people change banks at least once in their life and therefore have to go through the process of closing their old bank account. This process is fairly straightforward, but it is best to follow certain steps, or you may end up paying unnecessary charges. The first thing you need to do is stop using the account. This means not withdrawing from or adding to your account balance. If you are not sure if you have any outstanding transactions, then ask at the bank or check online. You may also want to open a new account before your old one is closed. Do not rush the decision of who to open your new bank account with, as you need to make a good decision.The next step involves calling your bank and asking

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