First Home Saver Account (FHSA) - 14 Day Cooling off Closure Form 2025

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To close your bank account, you must write an application letter to the manager of your respective bank branch. Along with the application, you must also include/attach the documentation required to shut your account, such as a passbook, chequebook, ATM card (debit/credit), identity proof and so on.
2 Ways to Get Old Bank Statements from a Closed Account Contact the Bank by Phone or Email. The first step is to contact your former bank directly via phone call or email. Visit the Bank Branch. You can also visit your old bank branch in person and make the request for your closed account statements.
Although financial institutions allow you to do this online, they may require you to make a phone call to customer service or a visit to a local bank branch. Some banks and credit unions may require you to fill out an account closure request form or submit a written request.
If you have an excess FHSA amount, one of the ways that you may be able to reduce or eliminate it is to make a designated withdrawal. The amount of the designated withdrawal is not required to be included as income on your income tax and benefit return in the year.
Submit an Online Request Online banks allow you to transfer all of your funds out and request a closure online. It can be as easy as clicking Close Account. Other banks require you to write a request to customer service while youre logged in to your account.
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