Wells Fargo is a very well known name in the American banking sector. This bank is one of the top 4 banks as well when we look into the total assets the bank has. I will be telling you more about the bank in the further part of this guide. This guide is to help those customers of Wells Fargo who want to close their bank account. Today I will explain a few methods by following which you can close your bank account.
If we start counting the reasons why someone would close their bank account. Then we will end up getting too many reasons to close the account. If you would like to show your reason why you are closing your account with Wells Fargo. Then you can do that by commenting down below. I will be explaining to you 2 offline methods to close the Wells Fargo Bank account.
Before you start the process to close your existing bank account, it is recommended to open an account in another bank. You should open a new one only if you don’t have an alternative account. In case you have another account then don’t open a new one. You can consider other American Banks like Bank of America, and TD Bank, etc. But make sure you don’t have too many accounts.
Because it gets really hard to maintain multiple accounts if you are not using them all. Once you have opened a new account, make sure that there are no dues you have to pay to Wells Fargo. If you have any dues then you will have to clear those before the bank can close your account. You can check your account balance or look into your bank statement to check if you have any negative balance or dues.
About Wells Fargo
|Type of Bank||Public|
|Headquarters||San Francisco, California, U.S.|
|Number of Branches (2018)||8,050|
|Number of ATMs (2018)||13,000|
|Number of Employees (2019)||2,58,700|
|Revenue (2019)||$85.063 billion|
|Operating Income (2019)||$24.198 billion|
|Net Income (2019)||$19.549 billion|
|Total Assets (2019)||$1.927 trillion|
|Total Equity (2019)||$187.146 billion|
Methods to Close Wells Fargo Bank Account
Now make your bank account balance zero by transferring the funds to your alternative account. But do not transfer the money from your old account to the new account well in advance. Do it only on the day you are closing your account. The 2 methods about which I was talking are explained in the further part of this guide.
Calling Customer Care of Wells Fargo
Visiting the Branch of Wells Fargo
How to Contact Wells Fargo?
Before you use the information mentioned in this guide. I strongly recommend you to contact the bank and verify it with them. I have tried my level best to provide you the most accurate information. And the 2 methods I have mentioned will work for sure. But still, give the bank a call and talk to them once.
This is how you can close Wells Fargo Bank account. Once you have opened a new bank account make sure that you update the details of that account everywhere to make sure your autopay payments don’t bounce. And if you receive any direct deposits like salary, etc. then update the details of your new bank account in those places as well. I recommended you to visit the branch of the bank to close the account than calling them.