How to close a bank account in Nigeria?
Table of Contents
How to close a bank account in Nigeria?
Read my post on how to close a bank account in Nigeria.
If you are not happy with a bank’s services and you decide you want to close your bank account, then you should read this post.
You should know that no bank wants to lose a customer, and as such, they might not make the process of closing your account straightforward, they will try their best to convince you to stay.
Most banks these days allow you to own Zero accounts, so you can also withdraw all the money you have with the bank and leave the account dormant.
In this post, I am going to be writing about all you will need to know about how to close a bank account in Nigeria and more.
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Let’s get into it then…
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How to close a bank account in Nigeria?
Like I said above, you can easily decide to withdraw all the money from your bank account and leave it dormant, but if you decide to close the bank account, then you will need to head to the nearest bank branch.
When you get to the banking halls, head to the customer service department and let them know that you want to close your bank account.
They will ask you why you want to close your bank account, and if it is problem they can help you with, they will do their best to help you out, but otherwise, they will mostly try to convince you to stay as their customer, since no bank wants to lose its customers.
If you do insist in closing your bank account, they will give you an account closure form to fill, and some will require you write a letter stating your intention and reason for closing your account.
Once you submit the above documents, your request will be processed, and it usually will not take more than 48 hours before your bank account will be closed.
In many cases, there may be an account closure fee that you may need to pay before your account will be closed.
How to close my bank account online?
Many people have been asking if it is possible to close their bank account online. Well for now, it is not possible to close your bank account online, you will have to go to the bank and fill the account closure form, so your request can be processed.
Frequently asked questions (FAQs)
How long will it take to close my bank account?
Once you fill the account closure form, and it is processed, it should not take more than 48 hours.
Can I close my bank account online in Nigeria?
it is not possible to close your bank account online, you will have to go to the bank.
Summary
With the above, you should now know how to close your bank account in Nigeria, if you have any questions, make sure you leave them below in the comment section and we will point you in the right direction.
Conclusion
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