How do I Close a bank account?

This document should explain the proper procedure for closing an account, as well as any fees that may apply. Typically, you can find this agreement online or in a mobile banking app. No matter which method of account closure you choose, be sure to request a written confirmation that the account has been successfully closed.

Can a single holder close a bank account online?

When closing a bank account online, both account holders may be asked to sign in separately. In some cases, faxed or mailed requests are accepted, but not often. As with single-holder accounts, all automatic payments and deposits should be canceled.

How do I Close my custodial account?

If you’re of your state’s legal age to take complete control of your custodial account, you can close the account the same as any other bank account. If your account has been marked “Inactive,” you’ll need to reactivate it before it can be closed by the bank. Contact your bank’s customer service to reactivate your bank account.