Banking is such a sector where you can find a lot of competition. No matter which country you are in you will find a lot of competition. And where there is high competition the winner is always the customer. Here the customer will be having so many choices with him or her. If you don’t like your bank account you can close it and switch to a new bank. Not a big deal, but you have to make sure the transition from you told to new is smooth.
This guide is for the customers of Tangerine Bank who want to close down their bank account. The customer support of the bank is very helpful. I had a talk with them before writing this guide and they were very good at communication. I will be sharing the information I received from customer support in regard to the process to close Tangerine Bank account.
Before close down your bank account that you have with the Tangerine Bank. You have to make sure that you have an alternative bank account with you for your use. If you don’t have a bank account you have to open a new bank account. Please note that you don’t have to open the account if you have an alternative bank account. Because it is really hard to deal with multiple bank accounts.
Once you have opened a new bank account you have to clear all the dues you have in your bank account. Because the bank will ask you to clear all the dues or the negative balance you have in your account. After that, you have to transfer all your balance from the Tangerine Bank account to your new bank account. As the bank will ask you to bring down your balance to zero.
About Tangerine Bank
|Type of Bank||Subsidiary|
|Headquarters||Toronto, Ontario, Canada|
|Formerly Know as||ING Direct Canada|
|Number of Employees (2013)||969|
Methods to Block Tangerine Bank Account
Online through Secure Chat
Calling Customer Care
Visiting the Branch of the Bank
How to Contact Tangerine Bank?
You can use the contact information given below to contact the Tangerine Bank.
How is this Information Verified?
I have verified this information by talking to the customer support of the bank on Instagram. You can refer to the screenshot below.
These are the 3 methods you can use to Close Tangerine Bank account. If you have a balance in your account then the bank can transfer your balance to your external account if you wish. But I recommend you transfer all your balance to another account you trust on the day you are closing your account by yourself. If you still have any questions then you can use the contact information provided above to contact the bank.