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Page 1 of 2Current AccountsCurrent account closure form Please fill in the form using BLOCK CAPITALS and black ink. To be completed with a Santander staff member. First customer namesake telephone

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How to fill out business banking account closure

01

Contact your bank either in person, over the phone, or through their online banking platform.

02

Request a business banking account closure form or provide a written request stating your intent to close the account.

03

Make sure all outstanding checks and payments have cleared, and that there are no pending transactions.

04

Return all debit/credit cards, checks, and other banking materials associated with the account.

05

Confirm with the bank that the account has been successfully closed and request a confirmation letter for your records.

Who needs business banking account closure?

01

Business owners who are no longer using the account or are switching to a different financial institution.

02

Companies that are closing down or no longer operating.

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What is business banking account closure?

Business banking account closure is the process of closing a bank account that is used for business purposes.

Who is required to file business banking account closure?

Any business or organization that is closing their bank account used for business purposes is required to file business banking account closure.

How to fill out business banking account closure?

To fill out business banking account closure, one must contact the bank where the account is held and follow their specific procedures for closing the account.

What is the purpose of business banking account closure?

The purpose of business banking account closure is to officially close a business bank account and cease any associated financial activity.

What information must be reported on business banking account closure?

Information such as account number, business name, date of closure, reason for closure, and authorized signatures may need to be reported on business banking account closure.

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