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Most of the time, yes, but your bank or credit union may require you to settle your balance before allowing you to close an account that is overdrawn. If you want to close your account, you should call your bank or credit union or go in person and give them your account information.
Heres what you need to do: Login to your HSBC online banking account. Look for and select the Chat tab. Chat online with a customer service agent and request to close your account.
Close account We value you as our customers, but if you choose to close your account, please visit a nearby branch in Hong Kong. Alternatively, you can download the account closure form and return to us for processing: integrated accounts. other personal banking accounts.
Branch. You can also visit us in any branch and a member of our team will assist you with closing an account. Following your request most accounts can be closed overnight, however some account closures can take up to 7 working days before being completed.
While many banks and credit unions dont charge such a fee, others may charge between $5 and $50 to customers who dont hold onto their account for more than a few months.
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People also ask

Using Business Internet Banking If you use Business Internet Banking, you can request to close your account online. Youll need to complete a simple digital form, and the details are sent direct to us.
If no transactions are made to or from an account over a 12-month period, an account is classed as inactive. After this time, we freeze the account to prevent any risks from fraud, or if the balance is nil, we automatically close it.
To close your bank account permanently, you have to visit the bank and enquire about the process of closing a bank account and then write a letter to the branch manager by providing the reasons for closing the account. Also, provide the required documents for proof and verification.

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