This article explains how you close your Demand Deposit account. Demand Deposits have no fixed term or minimum obligation, meaning they can be closed at any time.
To close your Demand Deposit account:
- Log in to your Raisin Account
- From there, navigate to the 'My Savings' section and select 'Demand Deposits'.
- Click on 'Details' and you will find the option to close your account under the 'Availability' section.
Your remaining balance will then be transferred from our partner bank back to your Raisin Bank Account, ready for you to open a different savings account, or withdraw your funds to one of your Nominated accounts. You will receive an email to confirm when your account has been closed.