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Urgent HOw Can I close my bank accounts

Urgent HOw Can I close my bank accounts

Pls guide me, How can I can close my loan,credit card and bank accounts, Now I am on vacation in India my company is not going to renew my contract which is expiring end of this month, they informed me by mail and they settled all my dues, now i have loan , cr card and bank account how I can close that from India, Is any sources r thre,plz advice me, I have account with mashreq bank

rehin's picture

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Sympatico's picture
Sympatico
 

The bank will not close your account only after you pay your all credit/loan in full. Don't worry the bank will search for you and sometime they will hire a law firm that will force you and demand you to pay all your loan/credit in full amount...just prepare your monies to pay them all....

Answered on Wed, 21/10/2009 - 11:45am
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northstar911's picture
northstar911
 

you cant close your account unless you pay the full loan value and the credit card , if you paid already you can make authorize paper to some one of your friend in qatar
then he can close your account

Answered on Wed, 21/10/2009 - 11:46am
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JoeyR's picture
JoeyR
 

There are many reasons that you would want to close you bank account. Maybe their credit cards have so much interest rate. Anyway, before you can close your bank account you must make sure that you don’t have balance on that account. Make sure all checks have cleared your bank account. As soon as your account is closed, the bank gives you the balance of the account. Switch banking information with employers and vendors. Before you close the account, give your employer your new banking information when your paycheck is automatically deposited. Change information with any vendor who automatically debits your account. Call your bank. Before you make a trip to the bank, you need to call and find out your bank's policies. There are banks that charge a fee to close an account. Go to your bank. Physically go into your bank to close the account. Most banks will require two forms of identification including one photo id. You must go before 3 pm on a weekday to ensure that the staff at the bank can process your request. Get your money. Request the balance in your account at the time of closing. You can transfer the funds into a new account or get the amount in cash.

Answered on Wed, 21/10/2009 - 12:30pm
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jazzafterdark's picture
jazzafterdark
 

The contract is not being renewed and you were not aware of it when you left for your vacation? That seems strange in the 1st place.

What about your belongings, your rented apartment/car etc?

Answered on Wed, 21/10/2009 - 2:07pm
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