How to Close Bank of America Account Online: 10 Easy Steps

How to Close Bank of America Account Online: 10 Easy Steps

Closing a Bank of America account can be an easy and straightforward process if you follow the right steps. In this article, we will provide you with a detailed guide on how to close your Bank of America account online, including the necessary steps, important considerations, and potential fees.

Step 1: Log in to your Bank of America account

The first step to closing your Bank of America account is to log in to your online banking account. Enter your username and password to access your account.

Step 2: Navigate to the account settings page

Once you are logged in, navigate to the account settings page. This page will allow you to manage your account and make changes to it.

Step 3: Locate the close account option

On the account settings page, locate the option to close your account. This may vary depending on the type of account you have, but it is usually located under the account management section.

Step 4: Choose a reason for closing the account

When prompted, choose a reason for closing your account. This information is used by Bank of America to improve their services and may be required to complete the account closure process.

Step 5: Select the accounts to close

If you have more than one account with Bank of America, select the accounts you want to close. You may be required to close all accounts associated with your profile.

Step 6: Choose a transfer option

Before closing your account, you will need to choose a transfer option for any remaining funds. You can either transfer the funds to another account or request a check to be mailed to you.

Step 7: Confirm the account closure

After selecting your transfer option, confirm that you want to close your account. Review the information carefully to ensure that everything is correct.

Step 8: Wait for the account to close

Once you have confirmed the account closure, Bank of America will begin the process of closing your account. This may take a few days, so be patient.

Step 9: Check for any fees

After your account is closed, check for any fees that may have been charged. Bank of America may charge a fee for closing your account or for transferring funds.

Step 10: Follow up with Bank of America

Finally, follow up with Bank of America to ensure that your account has been closed and that there are no outstanding issues.

Conclusion:

Closing a Bank of America account can be a simple process if you follow these ten easy steps. Make sure to consider any potential fees and choose a transfer option for any remaining funds. If you have any questions or issues, don't hesitate to follow up with Bank of America for assistance.