What will i need to exchange money from one bank to another account?


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Its the same Bank branch but im 15 and recently got a card account and need to transfer money from my old bank account which was a book account. i need to know if il need a parent there or if il need and identity like my password with me?


Banks in Shannon, IL



Answer (1):

SoccerRefToo

Shannon

You have a savings account at the old bank? If so it will be way faster to go to that bank a make a withdraw, then take the cash or cashiers check to your new bank for deposit. You will only have to take a parent into the old bank if it requires their signature to take out the money.

The only way you new bank can help if it is a savings is to do a collection. It will take several weeks to get the money for you.

If your old account is a checking account you can either write a check and deposit it into the new account. Or go to the ATM and withdraw cash, and then deposit the cash into you new account.

I suggest that you close the old account, transfer the money tot the new bank, open a new savings attached to your new account. Better to have the money close and available!

Soccerref