If you have decided to close your bank account and then realized your bank does not allow you to close the account online. Then there is no need to worry because you can close it offline. There are various methods to close the account offline. One of the major ones is by filling out the bank account closure form. In this guide, I will tell you everything you need to know when it comes to filling the account closure request form.
Where Can I Get the Form?
You can get the account closure request form at the nearest branch of your bank. If you want to download it then you can download it from the official website of the bank. The banks don’t charge you when you are downloading the form online. But in some rare cases, some banks charge for the printed copy at the branch.
1. Mention the Date
The first thing you have to mention in the account closure request form is the date when you are filling it. Make sure you write it in numerical only. The space provided on the form to mention the date is very less. And this is the reason why you should avoid writing the date in words.
2. Mention the Name of your Branch
Every bank will be having multiple branches across the globe. So you have to mention the name of the branch where you hold your bank account. Basically what this denotes is you are submitting the application to the branch manager. So you should mention the name of the branch whose manager is the receipt of the application form.
3. Fill in Your Name and Bank Account Number
Now you have to mention or write your name and your bank account number. You should be very careful while writing the account number. And in case you hold a joint bank account, then the names of all the holders need to be mentioned.
4. Details of your Alternative Bank Account
If there is any fund balance remaining in your account then you have to give the details of your alternative bank account. The bank will transfer your fund balance to the account. But it is recommended to make the account balance zero by yourself. If you don’t have an alternative bank account then you can tick the “Pay in Cash” box to receive the fund balance in cash from the branch itself.
5. Surrender of Unused Cheques and Debit Cards
In some banks, you have to surrender the unused cheque and also the debit cards linked to your bank account. So there will be a separate column in the account closure request form. You have to mention if you have surrendered these two things to the bank. If Yes then tick the box.
6. Mention to Reason to Close the Account
There can be many reasons to close the account. But in the case of some banks, you will have to mention the reason in the form. There will be adequate space given in the form to write 1 to 2 lines of reason.
7. Choose How You Want to Receive Account Closure Notice
Once your account will be closed the bank will provide you an account closure notice. You need to choose how you want to receive the same. The bank will send the notice to the address which is registered with the bank. Or else you have an option to collect it from the branch of the bank.
8. Account Holder(s) Signature
Now the account holder(s) of the account need to sign the application form. Before you sign, it is highly recommended that you should check if there are any mistakes. If you find any mistakes then take steps to correct the mistakes and sign the form.
9. Bank Official’s Verification and Signature
This is the last step in filling out the account closure request form. All the details have been filled in the form and also the account holder has signed the application. Now the bank officials will verify all the details mentioned. And if the officials find all the details to be correct. Then the officials will sign and accept your request to close the account.
This is how you can fill the bank account closure request form. While going to the bank make sure you carry your identity proof documents with you. For more details about the process and the charges, you can contact your bank.