My fixed rate ends shortly. I wish to close it on maturity. I've selected a linked account under maturity options. Is there anything else that needs to be done to confirm closure automatically on maturity?
How to confirm closure automatically on maturity?
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Verified Answer
Verified AnswerHey @STEVEMORGAN, thanks for getting in touch 🙂
Once you have selected the nominated account online, on the day of maturity, the main balance will go as a bacs payment within 3 business days.
You will receive a closing statement within 5-7 days after your account maturity date.
I have attached a link below with further information on this for you. I hope this helps 😊
Fixed Rate Savings - Maturity Options - Tesco Bank