GoDutch

How do I close my Regiobank business account?

The cancellation process at RegioBank is handled exclusively via your independent adviser. By following these steps, you will know exactly what to prepare and how to close a business account.

1. Contact your independent adviser

RegioBank does not allow business accounts to be closed online. You indicate that you want to close your business account and will then receive instructions or a request form from the adviser.

2. Make sure your balance is €0.00

RegioBank can only close the account if there are no remaining funds or pending payments. Transfer the remaining balance to another business account. Also check that there are no active scheduled direct debits or automatic payments.

3. Download all documents you need for your records

After closing the account, access to your online transaction documents and statements will expire. Therefore, save your annual statements, bank statements and payment history in advance.

4. Check whether any linked products are active

Your adviser can close or convert these products. A savings account cannot remain open when the associated business current account is closed.

5. Sign the cancellation document with your adviser

Depending on your company’s authority structure, either you must sign yourself or all authorised signatories must be present. The adviser will then forward the cancellation to RegioBank for processing.

6. Wait for RegioBank’s final confirmation

As soon as the account is fully closed, you will be notified. Your adviser can inform you of the exact status of the cancellation.

Receive a free physical card

IBAN en kaart in 3 uur

Automatiseer je admin

Geld verdienen

Close your business savings account with RegioBank

If, in addition to your business current account, you also have a RegioBank business savings account, this must be closed once the current account is terminated. A business savings account cannot continue to exist independently. The adviser will process both cancellations at the same time and ensure that the savings balance is transferred back to the account you specified.

How long does it take to close a RegioBank business account?

The duration of the cancellation process depends on the availability of your independent adviser and on when all details have been provided in full. In many cases, a business account is closed within a few working days. If there are still transactions pending, linked products are active, or additional verification is required, the process may take longer.

Are there any costs associated with closing a business account at RegioBank?

RegioBank does not state a fixed termination fee for closing a business account. However, the bank does indicate that any costs for the current month and outstanding service charges are first settled against the remaining balance before the account can be closed. There may also be charges for products linked to the account, such as debit cards or additional services.

As RegioBank works with independent advisers, cancellation always goes through your adviser. However, the bank does not publicly disclose whether advisers may or can charge separate fees for their work in handling a cancellation.

So, there is no confirmation that this service is free, but no fee is stated either. It is therefore sensible to check with your adviser in advance whether any costs are involved in processing the cancellation, so that you are not caught by surprise.

Steps for closing a business account with other banks

You now have insight into the cancellation procedure for a business account at RegioBank. Because this may vary by provider—think of notice periods or verification—you can avoid hassle by briefly checking your bank’s terms and conditions. Would you also like to know how cancellation is arranged at other banks?

FAQ

Frequently asked questions about cancelling a RegioBank business account

Do I always have to visit my independent adviser in person to close my business account?

Can my business savings account with RegioBank remain open if I close my current account?

What happens to pending transactions when my business account is closed?

The account that saves you time and money