Closing Santander bank account - how long should it take?

amr547
amr547 Posts: 1,665 Forumite
Part of the Furniture Combo Breaker
in Budgeting & bank accounts
How long should it take after telling my branch that I want to close my Santander account? And do they send confirmation that it has been closed?

Thanks in advance :T can't wait to get rid of the blasted thing!

Comments

  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    If you use a switching service, it will take 7 working days. If you just want to close it, it can apparently take 14 days. Google "santander close account" and the first link gets you to a FAQ answering your Q.
  • amr547
    amr547 Posts: 1,665 Forumite
    Part of the Furniture Combo Breaker
    Archi_Bald wrote: »
    If you use a switching service, it will take 7 working days. If you just want to close it, it can apparently take 14 days. Google "santander close account" and the first link gets you to a FAQ answering your Q.

    Assumed that was just for postal ones, my bad! Thanks for your help. :)
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    I've closed Santander accounts in minutes before. As long as there is a zero balance (withdraw funds at closure to make zero) and no direct debits it only takes minutes to close.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • amr547
    amr547 Posts: 1,665 Forumite
    Part of the Furniture Combo Breaker
    edited 25 August 2014 at 3:41PM
    HappyMJ wrote: »
    I've closed Santander accounts in minutes before. As long as there is a zero balance (withdraw funds at closure to make zero) and no direct debits it only takes minutes to close.

    Think there's about £5 in there at the moment (rich! :rotfl:), will transfer it via online banking before asking to close. Thanks for that :)

    e- maybe not, gives me an error code... will have to sort in branch i suppose. cannot wait to get rid of this thing!!
  • badger09
    badger09 Posts: 11,495 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    amr547 wrote: »
    Think there's about £5 in there at the moment (rich! :rotfl:), will transfer it via online banking before asking to close. Thanks for that :)

    e- maybe not, gives me an error code... will have to sort in branch i suppose. cannot wait to get rid of this thing!!

    Have you thought about using it for a switching bonus?
  • amr547
    amr547 Posts: 1,665 Forumite
    Part of the Furniture Combo Breaker
    badger09 wrote: »
    Have you thought about using it for a switching bonus?

    not sure what i'd switch to really? it's quite an old account, not used it for about 3 years.
  • badger09
    badger09 Posts: 11,495 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    amr547 wrote: »
    not sure what i'd switch to really? it's quite an old account, not used it for about 3 years.

    Have a read around the forum about switching bonuses?
  • NotRichAtAll
    NotRichAtAll Posts: 900 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    amr547 wrote: »
    not sure what i'd switch to really? it's quite an old account, not used it for about 3 years.

    well switch to halifax for £100, i have just switched an old dormant accout to them and i am £100 better off :)
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