Cancel FINOM business account
If you want to close your business account with FINOM, it is important that you know exactly which steps to follow and which conditions apply. FINOM is a digital financial service provider and therefore uses a slightly different closure procedure than traditional banks.
To prevent delays or losing access to important documents, it is wise to carry out the process carefully. In this article, you will read exactly how to close your FINOM business account correctly and completely.
How can I close my FINOM business account?
When you are going to close your business account, this often differs greatly from one bank to another. FINOM allows entrepreneurs to close their business account entirely online. The steps below are based on the official information in the FINOM Help Centre. By handling each part carefully, you can be sure the closure will be processed smoothly.
1. Log in to your FINOM account via the web version or the app
Go to the profile menu and open the “Account management” or “Settings” section. Here you will find the option to close your account. FINOM requires the request to be submitted by the verified user.
2. Check that your balance is €0.00
The account can only be closed when there are no funds left in it. Transfer any remaining balance to another business account before proceeding. Any outstanding payments, subscriptions, or direct debits must be cancelled first.
3. Download all documents you want to keep
Once the account is closed, you may no longer be able to access previous bank statements, invoices, or transaction documents. Downloading these in advance prevents important data from being lost.
4. Check that there are no active cards, additional users, or linked services left
FINOM cannot close the account while linked products are still active. Remove these items via the settings menu before submitting the request.
5. Submit the closure request via the “Close account” menu
FINOM will ask you for a reason for termination and may request additional steps to confirm your identity. Once the request has been sent, FINOM will inform you by email about the progress.
6. Only remove the FINOM app after you have received confirmation that your business account has been fully closed
This prevents you from missing important notifications or verification requests.
Receive a free physical card
IBAN and card in 1 day
Automatiseer je admin
Geld verdienen
How long does it take to cancel a business FINOM account?
FINOM does not specify a fixed processing time for closing a business account. In practice, the request is usually processed within a few working days, depending on the completeness of the information and the completion of outstanding transactions. If there are still payments pending or additional verification is required, the closure may take longer.
Are there any charges for closing a business account with FINOM?
FINOM does not charge any specific cancellation fees for closing a business account. However, you should take into account any outstanding subscription fees or monthly packages that may still be settled. Once your balance is zero and all services have been terminated, no further costs can be debited.
Closing a business account explained for other banks
Now it is clear how you can close your business account with Finom. As banks apply different rules, it is useful to check whether any additional steps or documents are required for each bank. Curious about how to close a business account with other banks?
Open your business account with GoDutch today
Do you want to apply for a business account that is modern, clear and efficient? GoDutch offers entrepreneurs an all-in-one solution for payments, administration and expense management.
You can open a new business account within minutes and immediately benefit from real-time insights, automatic invoice processing and integrations with all major accounting packages. Make the switch today and experience how simple business banking can be with GoDutch compared with FINOM.
FAQ
Frequently asked questions about closing a FINOM business account
Can I reactivate my FINOM account after it has been closed?
What happens if there are still transactions in progress when cancelling?
Do I need to remove additional users or team members before I close my account?
The account that saves you time and money