Bank of Sharjah is one of the best banks and many banks that are running operations in the UAE. If you have decided to close down the account you have with this bank. Then this guide will help you to do it. I have mentioned all the steps you need to know to close Bank of Sharjah account.
There are no such complex steps involved. But you should know the exact steps that are to be followed. Before you start the process of closing the bank account you should make sure you have an alternative bank account. If you don’t have then you should choose a good bank and open a new account for yourself.
Please note that if you already have an account in another bank then there is no need to open a new one. After that, if you have any kind of negative balance or dues pending in the account. Then you first have to clear all of those. The bank will not allow you to close the account without clearing all your dues.
If you don’t know the reason why there is a negative balance in your account. Then the best thing you can do to understand the reason is to contact the bank. Ask the customer support personnel about it and I am very sure you will be assisted with the reason.
Now let us assume that you don’t have any dues pending in the account. The next thing you should do is cancel all the automatic payments you have set up in your account. You can set up the same payments from your alternative bank account.
About Bank of Sharjah
Steps to Close Bank of Sharjah Account
On the day you are closing the account you should bring down your bank account balance to Zero. Please make sure you don’t do it well in advance. Because the bank may charge you for the non-maintenance of sufficient funds in the account.
There is no online method to close down the account in the Bank of Sharjah. But there is an offline method available, in which the account holder has to visit the branch personally. And in case you want to close a joint bank account. Then all the account holders should give their consent to the bank.
How to Contact the Bank?
You should also keep in mind that the bank may or may not charge you for the closure. This depends upon your bank account. So I recommend you to get in touch with the bank and ask the bank officials themselves. You can contact the bank by calling them, on their official website and official social media profiles.
Follow these simple steps and you will be able to close your account. In case you are now going to open a new account for yourself. Then you should ask these questions to your new bank. Based on the answers you receive from the bank you can decide if you should open the account with the bank or no.