If you have made your mind to close down your account. Then you are allowed to do it. But there is a proper process to be followed. In this guide, I will tell you how you can close Republic Bank of Arizona account.
The process is really simple. But before you start the process you will have to take care of two things regarding your bank account.
The first thing is you will have to make sure that there is no negative balance in your account. If you have any then you will have to clear those.
The second thing is you will have to move all your automatic payments and direct deposits to your alternative bank account.
This step is very important if you don’t do this then your payments will start failing once your account is closed. So you should take special care of this.
Steps to Close Republic Bank of Arizona Account
If you want to close an individual account then follow this guide. But in case if you hold a joint account then follow this linked guide.
- Locate the nearest branch of Republic Bank of Arizona near you.
- Take your passbook, unused cheques, debit cards, and identity proof document 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 for your name, account number, and reason for the closure.
- Provide them the details and show them your identity proof document.
- Make your bank account balance zero.
- Collect an account closure request form.
- Fill the form, sign it, and submit it to the bank officials.
Conclusion
Once you submit the closure form the bank will start the process of closing. Provided there are no issues with your account. But you should 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. For more information about this, you can contact the bank.