If you don’t need a bank account anymore or if you don’t want to use it. Then there is one best thing you can do about it. And that is to close it down permanently. Because having an unused bank account is not a good thing. In this guide, I will tell you how you can close Pioneer Bank account.
The process is very simple but there are two things you need to take care of before approaching the bank. So let us first understand those two things. And then we will learn the process or the steps that you have to follow to close your bank account.
The first thing is there should be no pending dues or negative balance in the account. If you have any then you will have to clear those. Because the bank will not allow you to close the account until you clear all the dues that are pending in your account.
The next thing is you will have to take care of all your automatic payments and direct deposits. You have to cancel all of those that are running on your account. Because if you don’t do it. Then all the payments will start failing once your account is closed.
You can set them up with your alternative bank account. By doing this you can make sure that none of your payments are failing. In case you already have an alternative account with you. Then that is great. But in case if you don’t then get one opened before you close your existing account.
There are so many banks in the United States of America. You can choose the one which you feel meets your needs and get an account with it. In case if you need help in choosing your next bank. Then you can refer to this list of questions that you should ask the bank before opening an account with it.
Steps to Close Pioneer Bank Account
If you hold an individual account with the bank. Then you can refer to this linked guide. But in case if you hold a joint bank account. Then refer to this linked guide. The below-mentioned instructions are of an offline method and not an online method to close your account.
How to Contact the Bank?
This is how simple it is to close your Pioneer Bank account. But you also have to keep it 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.