Most individuals want to know how to shut a FNB account in South Africa, but they don’t know how.
That is why we wrote this post.
If you have an account with First Nation Bank and would like to close it, the bank allows you to do so.
In this essay, I’ll show you how to easily shut an FNB account in South Africa.
There is no direct way to close a FNB account; instead, you must contact FNB customer service and make a request.
Customer service will start the procedure, which might take weeks depending on the kind of account.
The bank needs you to complete certain standards before requesting that your account be terminated.
If you do not satisfy these standards, the bank will instantly deny your request.
Things You Must Do Before Closing Your FNB Account 1. There are no payments made to the account.
The account is closed after around two weeks, however the bank will not terminate the account if any payments are received.
Cancel any payments related with your account to avoid this. Transfer the funds to a different account.
2. The account balance must be equal to zero.
FNB declares unequivocally that an account with a positive or negative balance cannot be closed.
If you have a positive balance, transfer funds to another account or withdraw monies.
If you have a negative amount on your credit report, you must pay it.
The negative balances are caused by the monthly charge for the Global account.
Because you have a credit card linked to the account and have used it, you may have a negative balance.
Another option is that the account requires monthly payments to be used.
In South Africa, How Do I Close My FNB Account?
If you have no queries regarding your account and the balance is zero, you can request that it be terminated through FNB customer care.
Other than contacting FNB South Africa customer service, you do not have the ability to terminate the account.
Here are a few ways for getting in touch with customer care and having your FNB account terminated for you.
How to Cancel a FNB Account Via Email
You can ask FNB to assist you with closing the business account by sending an email to email@example.com.
Make sure the email contains information about why you want to terminate the account.
To close your account, contact FNB South Africa Customer Service.
You can also phone the FNB call center and request that the business account be closed.
The phone number for the FNB call center is 087-575-9404.
To Terminate Your Account, Use the FNB Live Chat
You may also terminate your FNB business account by going to the FNB website and clicking the ‘Chat us’ option.