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Will Bank Reopen Account: Debt is Paid?

My daughter got into debt with her bank. They closed her account and transfered the debt to a debt company. She has paid the money in full to them. Her wages are getting paid into her bank account in two days. Will the bank reopen the account?

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The best answer is one from the bank itself. Policies and procedures are not uniform in the banking industry, and your daughter's bank may decide to re-open the account (or not) when the bank across the street would have made the opposite decision. Your daughter, who is or was the bank's customer, should contact the bank for this information.

Published on BankingQuestions.com 6/23/10