How to Close Absa Account
Do you wish to learn how to close your Absa account? That’s something that a number of people have been looking to do. Absa has millions of customers around South Africa, making it one of the biggest banks in the country. You are here because you have been an Absa customer, and you now wish to cancel your account. That could be because of a number of reasons. So, what do you need to close your Absa account?
What do I need to close my ABSA account?
The only way through which you can close your Absa account is by visiting a nearby branch. You cannot do it online or on the app. If you are already outside the country, call 08600 08600 to get help. Meanwhile, if you wish to close a credit card account, you will need to reach the Credit Card Management team on 0861 462 273.
Why close your account?
That’s how to close your Absa account? But why would you seek to do this? There are a number of reasons, some of which you will come across when going through people’s comments online.
Some people complain that Absa’s charges are too much, and they are looking to close their accounts because of that.
Another reason that’s given for closing an account is if a person has moved to another country. A lot of South Africans have been doing this over the past few years. If you fall into this category, it makes sense to close your account so it doesn’t continue to accrue charges.
Other people close their accounts because they have since moved to other banks. There is a lot of competition in South Africa, and this is good. You may have found another bank that offers the products that you are looking for. In that case, it’s better to cancel your Absa account so you are not charged monthly fees.
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Summary
In this article, we showed you how to close your Absa bank account. It was noted that if this is what you wish to do, you will have to visit a nearby branch. You cannot cancel your account online or using the Absa app. We also gave some of the reasons why some people end up close up their accounts.
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