How to Close a Fifth Third Bank Account
No bank wants you to close your account, including closing a Fifth Third Bank Account. They try to make it as complicated as possible, even when it's your account.
We will automatically draft that letter and help you close your account if you're relocating. Sometimes, banks may threaten you with closure. We will help you fight when a bank wants to close your account and take your side if the closed bank account is hurting your credit.
This guide will describe the difficulties of closing a Fifth Third Bank account, the steps you'd take if you were doing it yourself and how DoNotPay can make it simple.
Reasons to Close a Bank Account
There are various reasons why you may want to . The important thing to remember is it's your account, and you don't need to explain. Reasons why you might want to close the account include:
- You may have decided you want to try online banking.
- You may like banking in person, but you are moving, and there are no branches in your new city.
- You may have found a bank with better interest rates.
- Your business may be closing, and you need to close the business account.
How Do I Close a Fifth Third Bank Account?
There are several situations you may find yourself in, for example:
|If the account is yours
|If the account is yours, you have the right to close it at any time; that doesn't mean the bank won't make it difficult.
|If it is a joint account
|If you have a joint account, you must both agree to close it. If the other person has passed away, you will need a certified copy of the death certificate from the state's vital records office and present it to the bank with identification.
|If you were names power of attorney for the account
|If you were named power of attorney for the account during the deceased person's life, you could use the account to pay their bills. However, you are no longer entitled to access their checking account after the person passes away, and you cannot close it.
There are problems with all these scenarios. First, banks make it more difficult than necessary to close an account, and many will not do it without a formal letter which few people know how to write.
In the case of a divorce, you may need lawyers to get involved with closing an account, and if someone has passed away without a will, it can also become a legal nightmare.
Don't go through the hassle; let DoNotPay close the bank account for you.
How Do I Create a Formal Request Letter to Close My Bank Account?
You need to write a formal letter to the bank manager with your account information and the reason for closing the account. Then, request to transfer the balance to the bank account. Mention your name, account number, and provide your signature at the end of the letter.
Writing this can be stressful and time-consuming, while DoNotPay will automatically draft a letter to your bank that's perfect every time.
How Long Does It Take To Close a Bank Account?
It can take from days to months, depending on the situation. So let DoNotPay close the account quickly and easily.
Can a Bank Refuse to Close My Account?
The only way a bank can force you to keep your account open is if you owe money to the bank; otherwise, it is in your right to close it at any time.
Can I Close a Joint Bank Account if My Co-owner Passes Away?
You can only close the account if you upload a death certificate or give other formal evidence for account closure. However, you do not have to go through the complicated process of closing the joint bank if you close the account with DoNotPay's help.
How to Quickly and Easily Close a Fifth Third Bank Account With DoNotPay
If you want to quickly and easily close a Fifth Third Bank Account but don't know where to start, DoNotPay has you covered. Create your own cancellation letter in 6 easy steps:
- Go to the Close Bank Accounts product on DoNotPay.
- Select which bank the account was opened under, and enter the account type, account number, and your local branch location.
- Indicate who this account belongs to. If the owner or co-owner has passed away, upload a death certificate or other formal evidence. If you are not the original account owner, upload evidence of your legal relationship with the owner.
- Tell us why you need to close this account.
- Enter your contact information, including email, phone number, and the address you want any remaining funds to be sent to.
- Submit your task! DoNotPay will mail the request letter on your behalf. You should hear back from the bank with confirmation or a request for more information within a few weeks.
Why Use DoNotPay to Close Your Account at Fifth Third Bank?
You have the right to close the account. Let DoNotPay handle dealing with the bank. DoNotPay is:
- Fast: You don't have to spend countless hours on the phone trying to close the account.
- Easy: Give DoNotPay some basic information, and we will close the account promptly.
- Successful: We've helped thousands of people close their accounts, and we can help you too.
What Else Can DoNotPay Do?
There are so many ways DoNotPay can help you, including:
- Winning in small claims court
- Preventing you from getting stalked and harrassed
- Filing a formal complaint
Why spend all your time trying to ? Use DoNotPay today.