Question:

How can you take your money from one bank and put it into another bank?

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My friend decided to put $118 in a checking account in Citibank. But he now wants to be with Washington mutual and open a checking acount with them and transfer his money to Wamu. How should he go about doing this? (he wants nothing to do with citibank and idk why he changed his mind but w.e)

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5 ANSWERS


  1. withdraw all the money and then put into the other one, an since you will have no money they will cancel your account and thats it!!!


  2. First you will need to go Citibank, and talk to them and tell them you are closing the account.  Also make sure if you have a debit card or checks shred them and close the account.  But if you do have any withstanding transaction it can come in your account and cause you an overdraft fee which could be very expensive.  Other than that withdrawal the money and close the account, then deposit money into new account.

  3. He goes to the bank, closes the account at that bank, then goes to the other bank and opens an account there.  It really IS very simple.

  4. He goes to the new bank with his social security card , photo ID, and the old bank account info. they will do it all.

  5. 1.  Open a new account at Wamu.

    2.  Close the old account at Citi.

    Simple.

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