If you have a bank account then you own it and you also own the right to close it. But there is a proper way to do it and that is what we will learn today. In this guide, I will explain to you the process to close 1st Summit Bank account.
The process is really very simple but before you reach the bank. You will have to prepare your account to be closed. This includes two steps.
The first step is to check your balance and make sure that there are no pending dues. Because if you have any pending dues or negative balances. Then the bank will not allow you to close the account until you clear those.
If you don’t do this then all your payments will start failing once 1st Summit Bank closes your account. And keep in mind that you manually need to do it the bank will not do it for you.
Steps to Close 1st Summit Bank Account
If you are planning to close an individual account then you can follow this guide. But in case if you are planning to close a joint account then follow this linked guide.
Other than these things you should also keep in mind that. If you are closing the account within 1 year of opening it. Then the bank may ask you to pay the account closing charges. For more details about the fees and charges, you can contact the bank.