You have the freedom to close your bank account whenever you wish to do it. But there is a proper way to do it and also some rules of the bank. In this guide, I will tell you how you can close Merit Bank account.
Before you approach the bank you need to take care of two things. So let me first explain those two things and then we will proceed further with the process.
You will have to check your account balance and make sure that there is no negative balance in your account. In case if you have then you will have to clear it first.
To avoid this you can move all your payments to your alternative bank account. You should take special care about this because the bank won’t do it for you.
In case if you already have an alternative account with you then that is great. But in case if you don’t have one then I highly recommend you to open a new one.
And this should be done before your existing account is closed. There are so many banks in the United States of America to choose from.
So if you need help in choosing your next bank. Then you can refer to this list of questions I have prepared. Ask these questions to the bank.
And based on the answers you receive. You will be easily able to decide if you should open an account with that particular bank or no.
Steps to Close Merit Bank Account
If you hold an individual account with the bank then you can follow the steps explained below. But in case if you hold a joint account. Then refer to this linked guide.
How to Contact the Bank?
Your account will not be closed instantly it can take up to 2 business days. So co-operate with the bank for this. And also 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.