Can you close a bank of America account?

Yes, you can close your Bank of America checking or savings account. There are three ways to close an account: Unfortunately, Bank of America does not let you close an account online. It may be a bit more hassle to have to call or visit a branch, but it's still pretty straightforward. Read on to learn the details. 1. Over the Phone

How do I Close a bank account in Florida?

If it's a joint account, all owners need to sign the letter. Bank of America, FL1-300-03-15, PO Box 25118, Tampa, FL 33622-5118 (Closing a checking or savings account) Bank of America, PO Box 982234, El Paso, TX 79998-2234 (Closing a credit card account) Before you request to close an account, make sure you have some things taken care of.

What happens if a bank closes your account without explanation?

Your bank may notify you that it has closed your account, but it normally isn't required to do so. The bank is required, however, to return your money, minus any unpaid fees or charges. The returned money likely will come in the form of a check. Why would a bank close your account without explanation? Yes.

What happens if I Forget a bank of America payment?

If you have auto-payments set up with your Bank of America account, you'll want to remove them and switch them to your new bank. If you forget something, it can result in a failed payment when they try to bill your (closed) Bank of America account later. That can incur penalties and even damage your credit.