Being a customer of the bank you are allowed to close the account whenever you want. But there are a few terms and conditions of the bank to be followed by you. In this guide, I will tell you how you can close CBB Bank account.
The first thing is there should be no negative balance in your account. If you have any then you will have to pay them off before approaching the bank.
The next thing is you have to cancel all your payments and set them up with your alternative bank account. I am here referring to the automatic payments and direct deposits.
And in case if you don’t have an alternative bank account. Then I highly recommend you to get a new account opened before closing the existing one with Commonwealth Business Bank.
There are so many banks to choose from in the United States of America. If you need help in selecting your next bank. Then refer to this list of questions you should ask the bank before opening the account.
Steps to Close CBB Bank Account
If you have an individual account with the bank. Then you can follow the steps mentioned below. But in case if you hold a joint bank account then refer to this linked guide.
- Locate the nearest branch of CBB Bank near you.
- Take your passbook, unused cheques, debit cards, and identity proof documents 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 you to tell your name, bank account number, and the reason for the closure.
- Provide the details and show your identity proof document.
- Bring down your bank account balance to zero.
- Collect an account closure request form.
- Fill the form, sign it, and submit it to the bank officials.
How to Contact the Bank?
If you want more information about closing your account. Then you can contact the bank by calling the customer service and by using the official website.
- Official Website: www.cbb-bank.com/en/Home
- Phone Number: (213) 884-4200
Conclusion
This is how you can close your bank account by visiting the nearest branch. But you also have to keep in mind that if you are closing the account too early after opening it. Then the bank may ask you to pay the account closing charges.