Can an account be closed if it has outstanding checks? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Can an account be closed if it has outstanding checks?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

Don't close your account if there are outstanding checks you issued that haven't been settled; this could cause bounced checks and disputes.

Make a list of the checks and agree on the procedure with the bank before closing the account.

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