How to switch banks with large cash deposit?
I would like to close my checking account at Bank of America to my new Bank. I have over 50k in my account. I will just receive a cashiers check for the amount? I have stop writing checks in that account as of 2 weeks ago.
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Answer by Sean Roberts
You did everything correctly. Bank of America will give you a cashier's check. Just remember that when you set up your new account at the new bank it will take a couple of days before you can start writing checks.
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Guardian lion at the Bank of China.
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