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Closing an Account while in an Overdraft?

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  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    Hi leon_telford
    If your Bank notices (computer alert) that you are not paying your wages in to the account they may ask you to pay off the overdraft immediately. Gulp!
    I think you should consider being proactive and talking to your bank about this before they jump on you.
    However they still may want it repaid in full immediately.
    Good luck.
    There will be no Brexit dividend for Britain.
  • Mrs_Arcanum
    Mrs_Arcanum Posts: 23,976 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Nationwide wont close my account until the overdraft is cleared. However, it is not available on-line and cheques & card were returned to the bank. I just get statements occasionally.
    Truth always poses doubts & questions. Only lies are 100% believable, because they don't need to justify reality. - Carlos Ruiz Zafon, The Labyrinth of the Spirits
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