How to close a TD bank account?

After opening a bank account, there may be many reasons to close the bank account. You can close the TD bank account by following the steps given in the below article. You can also know the reasons for closing the bank account, ways to close it, and many more.

TD Bank account:

TD Bank is one of the most famous banks in America. This bank provides many banking facilities like loans, credit cards, debit cards, etc. You can use their services by opening an account online on their official website. You can pay the bills, manage accounts, etc. Banking is one of the most used services all over the US. Many people open different kinds of banks for banking. There are even many reasons to close the bank.

This bank provides many ways to close the bank. You can use those ways and approach the bank to close your account. To close the account, you must do some things before closing it. This article clearly explains the bank, reasons to close, ways to close the account, etc.

Reasons to close the TD bank account:

We open bank accounts for many reasons. We also close those bank accounts due to many reasons. Some of the reasons to close TD bank are,

• If the customer moves to another state: This bank’s services are only useful and work in some states. If you move to the East coast, you need to close the bank account as it doesn’t work there. This bank card will not allow withdrawing money from ATMs and other transactions.
• Bad customer service: In many cases, customers sometimes close their bank account in this bank because of bad customer service.
• High fees and various requirements: Even though fees and requirements for their services are similar to the other banks, they may be comparatively high for you.
• May have many bank accounts: One of the common reasons to close a bank account is because of many accounts.

How to close a TD bank account?

There are many ways that TD bank gave to close a bank account. They are,

Through phone:

Calling the bank is one of the easiest ways to close a bank account. You can call them and request closure. You should also provide your bank account details and the reason for the closure.

Phone number: 888-751-9000.

By visiting the bank: 

Visit the nearest branch of TD bank. Go to the bank’s manager, provide details, and request closure. You can know about the timings of the bank on their official website. It would help if you also gave the reason for the closure.

Through online:

Sending closure requests online is one of the easiest ways to close a bank account. For that, go to the official website of the bank. Login to your account. On the page, you can see the email id of the bank. Send the mail as a ‘Closure request’ with all your details.

Mail:

You can close the bank account by sending mail to the bank. For that, write a letter as ‘Request to close the account.’ The letter must have your signature and also the reason for the closure. Write the bank account number and account name. This helps to close without any issues.

Thighs to do before closing the account:

Whatever the reason for the closure, you need to do some things before closing an account in TD bank. They are,

Whatever the reason for the closure, you need to do some things before closing an account in TD bank. They are,

• You must transfer all of the remaining account balance before the closure request.
• If there is any negative balance, you must clear the negative balance in your account.
• Return the passbook of the related account before closing it.
• Pay all the bills that need to pay before closing it.
• Remember to download the one-year bank statements because you may need them in the future.
• You must update auto-debit and other payments, so if there are any auto payments, they will charge from this account even after closure.

Conclusion:

TD bank provides many financial services like loans, credit cards, debit cards, and other services. This is the main reason many people open their accounts in this bank. Even with its services, if you want to close the account, you can use its services to close it. But remember to transfer all the balance to another bank before the closure.

Frequently asked questions (FAQs):