Closed Bank Accounts Even Harder to Keep Closed (For 2/11/12)

Some Big Banks such as Bank of America and J.P. Morgan Chase will re-open a closed account if it receives an electronic payment or deposit. This brings about unwanted overdraft and account maintenance fees. Consumer experts say the consumer has the responsibility to transfer all regular electronic payments and deposits to their new bank account. Consumers frequently forget to do this as irregular elctronic payments can hit them by surprise. There are banks such as Citibank, Wells Fargo, and PNC Bank that will not re-open closed accounts for these types of items. They require account holders to pull out every penny in it and put the account closing request in writing. http://www.huffingtonpost.com/2012/01/31/zombie-checking-accounts-_n_1245065.html