Sometimes we have to close the account we have with the bank. It is like breaking your financial relationship with that particular bank. Everyone has their own reason to do it. Let us not get into that and learn the process to close AbbyBank account.
There is one confusion in the minds of people who want to close an account. And that is what if I need an account again with the same bank? Will it take me as a customer again? The answer to this question is most of the time Yes, you can reopen a new account with the same bank.
But in some special cases if the bank may refuse from giving you a new account. This totally depends upon how was your relationship with the bank. And how well you have used the account, following the terms of the bank, etc. Before closing the account you need to prepare your account to be closed.
The first thing you have to do is check the balance that you have in your account. You have to make sure that there is no negative balance in the account. If you have any then you will have to clear those. The bank will not allow you to close the account until you clear the dues.
The second thing is about taking care of the automatic payments and the direct deposits that you are active in your account. You will have to cancel all the payments and deposits. And set them up with your alternative account. If you don’t do this then all your payments will start failing.
Steps to Close AbbyBank Account
If you want to close an individual account then follow the instructions given below in this guide. But in case if you want to close a joint account. Then refer to this linked guide.
- Locate the nearest branch of AbbyBank near you.
- Take your passbook, unused cheques, debit card, and identity proof document with you.
- Visit the branch of the bank and go to the helpdesk.
- Speak with the bank officials and tell them that you want to close your account.
- The officials will ask for your name and account number.
- Provide them the details and show them your identity proof document.
- Empty your bank account.
- Collect an account closure request form.
- Fill the form, sign it, and submit it to the bank officials.
Conclusion
This is how you can close your account offline. But if you are exploring the options to close it online. Then I recommend you to contact the bank directly. The other thing is if you are closing the account within 1 year of opening it. Then the bank may ask you to pay the account closing charges.