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Closing Salary Account - CiteHR

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Hi, We have Salary account with (OBC) Oriental Bank of Commercial - (above 200 Employee). As per MD-Order want to close all that OBC Account. Advise me How to close it or closing process.
From India, Calcutta
esp2001uk
9

Hi,
If you are changing the bank where your employees Salary account is going to be functional then once the new accounts are operatable The Finance Manager of your company will have to issue the bank (OBC) a letter requesting closure. Alternatively you may contact the Branch Manager of the bank and ask them the procedure.

From India, Madras
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