How to Close TD Bank Account?

Many banks are operating in the United States of America, and TD Bank is one of them. But the story of this bank is a bit different when compared to other banks. Do you know that TD Bank is one of the United States national banks, but the parent company of this bank is a Canadian Multinational Bank? (Toronto-Dominion Bank) Yes, you heard it right, the parent company of this bank is a Canadian Multinational Bank. If you want to close TD Bank Account, then this guide is perfect for you.

We have enlisted the methods that you can use to Close TD Bank Account. Every bank offers multiple ways that can be followed by their customers to close the account. And we have put our efforts to gather all those methods and create a comprehensive guide to close your bank account in TD Bank. There are too many reasons why people decide to close their bank account. Some are like they don’t like the services, whereas others are closing it because of the charges the bank is taking from them. Every one of us has a different reason to close the bank account.

If you wish to share your reason, then you can do that by commenting down below. You can even comment on your review of the TD Bank. Share your thoughts about what you like and what you don’t like about this bank before proceeding to the further part of this guide. Please note one thing: you have to clear the negative balance if you have any in your bank account. If you have a negative balance, then the bank will not allow you to close down the account without clearing it.

About TD Bank

We want to tell you a few things about TD Bank before showing you the steps to close TD Bank account. We always share this data with our readers because most of them would have never known about these things mentioned below.

If we want to rank the banks in the United States of America, then TD Bank is the 7th largest bank by deposits. And the 8th largest bank by deposits in the United States. This is a result of various mergers and acquisitions that the TD Bank has undergone.

Things to Do Before Closing TD Bank Account

There are few things which you have to do before you proceed to close your bank account. We have listed them below.

Steps to Close TD Bank Account

Okay, now we know a lot of things about TD Bank and the things you should do before you can close your bank account. Now it is time to check out the steps that you have to follow to close TD Bank Account. There are multiple methods to close the bank account, and we have mentioned all of them. You have to choose the one which you feel is most convenient for you and follow it.

Closing TD Bank Account By Mail

You can close TD Bank account by sending out a mail to the bank’s address. This Mail is a type of written application in which you are requesting the bank to close your bank account. But this is the slowest method available for you to close the bank account.

That is because it takes time to send the Mail, and even after reaching the bank, it takes time to contact the concerned department. However, if you wish to request your account closure by Mail, then the steps are mentioned below.

The address to which you have to send the mail is TD Bank, N.A, P.O. Box 1377, Lewiston, Maine, 04243-1377.

Closing TD Bank Account Online

As per the information mentioned on the TD Bank’s official website, they also allow you to close your bank account online by sending them a secure e-mail. But you should have zero balance in your bank account to do it.

So if you have any remaining balance in your bank account, then transfer that you to another bank account. After that, you can follow the below-mentioned instructions.

We have mentioned that you have to find the appropriate email address on the bank’s official website. That is because there is a different email address for the savings account, checking account, etc.

And it would be best if you were very careful that no confidential information like your username, password, card number, etc. should be shared via email. Only your name and account number should be mentioned.

Closing TD Bank Account by Call

As per the information, our team was able to gather from TD Bank’s official sources. They also allow you to close your bank account via phone call. But the same condition applies here; that is, you should have zero balance in your bank account.

If you have a negative balance, please clarify it before you call the customer care of the bank. Because if you contact the customer care and tell them that you want to close the account while you have a negative balance. Then they will straight away reject your request.

Closing TD Bank Account from Branch

This method will need you to visit the branch of the TD Bank personally. But this is the most successful method to close your account. That is because the bank officials will be able to help you out personally when you are at the bank. If there are any issues with your account, you will be able to clear them at the branch.

You can use the branch location feature on the official website of the bank to find the branch near your location.

Validation of Information

Now let us talk about how valid the information is. And why you should trust the information. We have mentioned the steps taken to make sure that the data is accurate. Please note that we have tried our level best to provide you the right information. But it is your responsibility to verify it before using it for yourself.

How to Contact TD Bank?

We have several modes using which you can contact the TD Bank. Find more contact information below.

References Used

These are the online references that our team used while writing this article. In other words, these are the sources of information. And even you can refer them for further clarity about the matter of closing your TD Bank account.