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Closure of bank accounts
Elliemiss
Posts: 50 Forumite
Following on from my how long is probate taking thread, just wondering why it takes so long for the bank to do final closure on bank account? All documents/signatures etc have been with them for 2 weeks now.
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Two weeks is hardly a long time. They have a range of processes and checks to go through, so it's a bit early to start getting agitated.Elliemiss said:Following on from my how long is probate taking thread, just wondering why it takes so long for the bank to do final closure on bank account? All documents/signatures etc have been with them for 2 weeks now.Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!2 -
Not agitated as such, never done this before and was just wondering about the process, it's literally just a bank account. Thanks for your reply @MarconMarcon said:
Two weeks is hardly a long time. They have a range of processes and checks to go through, so it's a bit early to start getting agitated.Elliemiss said:Following on from my how long is probate taking thread, just wondering why it takes so long for the bank to do final closure on bank account? All documents/signatures etc have been with them for 2 weeks now.0 -
I think it varies, when I closed my mums account with Barclays I did it in branch and it took 24 hours. That was pre lockdown and I suspect it may be somewhat slower these days, and I suspect your application is sitting in a queue waiting for someone to deal with it.1
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They probably need to check and inform you of any debts, standing orders, recurring payments etc. Two weeks is not long.1
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it took around 4 weeks to close my mum’s Virgin Money account.1
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Well I got my answer, accounts closed today and money received, 2 weeks from sending probate form. Strange feeling though, seems very final now and quite sad.0
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It was very quick when I closed my Dad's Lloyds account. I filled in the form on their website and uploaded the documents late on a Monday afternoon, and the money was transferred to me mid morning on the Wednesday.Keep_pedalling said:I think it varies, when I closed my mums account with Barclays I did it in branch and it took 24 hours. That was pre lockdown and I suspect it may be somewhat slower these days, and I suspect your application is sitting in a queue waiting for someone to deal with it.
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