Financial Information Services

Bank Switch Kits, nowadays, are a common tool that banks offer. They breakdown and itemize the process of changing or switching banks, so that the transition can be as smooth as possible. A Switch Kit is not a single program you run that automatically transfers you from your old bank to a new one. These kits usually include instructions and online forms needed for applications. The Switch Kit’s main goal is to facilitate and help make your next bank transfer easier and seamless. Switch kits are usually conveniently accessible on banks’ websites directly. You will need, however, to print these forms and get them to the appropriate parties. They usually consist of the following steps.

4 Steps in making a Bank Switch

Step One

Setting up an account with your new bank

• Visit the bank’s website and fill out the online application form

• Check and note all charges and minimum deposits needed to open a new account

Step Two

Create a Checklist of Automatic Debits and Credits

• Make sure all checks are cleared on your old checking account
• List all automatic charges like bills and mortgages made to your old bank account
• Leave enough funds in your old account to cover for charges you might encounter while transferring
• Note all payments and credits made to your former bank

Step Three

Transfer all Automatic Debits and Credits to your new bank account

• Send dated and signed letters to anyone processing an automatic charge to your account
• Notify and signify your intention of accepting charges to your new bank account and give specific timelines
• Inform any company or entities that channel funds to your account of your new banking information

Step Four

Closing your old bank account

• Check to make sure that you have cleared any outstanding balances with your old bank
• Visit your bank to formalize you intent of closing your account
• Online banks who conduct all transactions online may require you to supply them with security questions to verify your request and eliminates the need for travel

Convenience

Online banks have certainly made banking more convenient and faster. Switching banks in the past was complicated and required frequent trips from one bank to another. Bank Switch Kits have made bank change transactions easier and faster. Although closing and opening accounts with most banks still require some amount of paperwork.

Making the Move

This year has seen a great number of bank failures and bankruptcies. This has left a huge number of depositors in the dark. Although most of the banks are FDIC backed the mere inconvenience of going through the process is troubling enough.

Bank Switch Kits is just another new feature that banks have introduced to make your banking experience an easier one. But the most important decision on which bank and type of account to open is still entirely up to you.

 Simply click onto the bank logo for which you'd like to switch your current account(s) to, and you'll be presented with that bank's Account Switching Forms.

NOTE:  Choose from the list below to obtain a copy of that financial institution's Switch Kit. If an institution is not listed here and you think it should be listed, then please email us by clicking HERE and we'll get it listed.

CitiBank Switch Kit (in PDF Format - Click HERE to Download Now)

HSBC Switch Kit (in PDF Forrnat - Click HERE to Download Now)

Wells Fargo Switch Kit (in PDF Format - Click HERE to Download Now)

BBVA Compass EZ-Switch Kit

Progressive Bank (Personal Accounts) - Switch Kit

Progressive Bank (Business Accounts) - Switch Kit

United Bank - Switch Kit

Cardinal Bank - Switch Kit

Fulton Bank - Switch Kit

First American Bank - Switch Kit

Susquehanna Bank - Switch Kit

Ocean Bank - Switch Kit

Charter Oak Bank - Switch Kit

Legacy Bank - Switch Kit

Viking Bank - Switch Kit

Home Federal Bank - Switch Kit

Beneficial Bank - Switch Kit

Frontier Bank - Switch Kit

Mountain West Bank - Switch Kit

Premier Valley Bank - Switch Kit

First Bank - Switch Kit

Wayne County Bank - Switch Kit

Merrill Bank - Switch Kit

BNC National Bank - Switch Kit

Bank of North Georgia - Switch Kit

Parke Bank - Switch Kit

First Commercial Bank - Switch Kit

Washington Savings Bank - Switch Kit

Liberty Savings Bank - Switch Kit

Home State Bank - Switch Kit

Chittenden Bank - Switch Kit

New Millennium Bank - Switch Kit

Conestoga Bank - Switch Kit

Bank of Tuscaloosa - Switch Kit

Texas Enterprise Bank - Switch Kit

PyraMax Bank - Switch Kit

Community State Bank - Switch Kit

TCF Bank - Switch Kit

Heritage Bank - Switch Kit

First State Bank - Switch Kit

Flagship Bank - Switch Kit

Central Bank - Switch Kit

Central Pacific Bank - Switch Kit

Raymond Federal Bank - Switch Kit

First National Bank of Omaha - Switch Kit

First Coast Community Bank - Switch Kit

HSBC (Personal Checking) - Switch Kit

Lee Bank - Switch Kit

Alliance Bank of Arizona - Switch Kit

The Bartow County Bank - Switch Kit

Lafayette Ambassador Bank - Switch Kit

ESSA Bank And Trust - Switch Kit