I have a sizable money market account and I want to know what restrictions there are if I close the account due to need?
If you are referring to a Money Market Deposit Account (MMDA) at a bank, you should be able to close the account without any restrictions.
If you are referring to a money market account with a money market fund, contact the fund's representative to find out whether there will be any impediments to closing the account.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.