How to Close, Delete, Or Deactivate Your Branch Account Easily
Branch account is one of the leading Fintech organizations in Nigeria. It is one of the top platforms where one can borrow funds in Nigeria. You can borrow funds from a Branch Account without Paperwork or a contractual agreement. It is usually a good place to receive funds when you need emergency funds. The app can be downloaded on any mobile device. However, this article will discuss extensively the process of How to Close, Delete, or Deactivate your Branch Account Easily.
Reason for Deactivating, Closing, or Deleting your Branch Account
The following provides reasons why one may wish to close or deactivate his or her branch account.
1. Privacy
Sometimes one may have trust issues with some Fintech apps. Yes. Sometimes it is normal to feel this way. However, this has been a big issue for many in recent years. This is a pertinent reason for Deactivating your account with Branch. They also feel that someday the app may disclose their information to third parties. Regardless of the time of getting a response, they find it convenient to close the account to avoid issues.
2. Inactivity
This is also another reason why some may close their account. This reason is most common with people who have switched to another Fintech network. Inactivity entails the account being dormant for months or even years. This is another reason why some may want to close their account with the Branch app.
3. Security
This is the most important reason why one may want to close their account with Branch. For some reason, they feel the Branch doesn’t have a firewall that prevents unauthorized access. Security is one of the key features of any Fintech organization. However, some are oblivious to this fact. In some cases, they might even uninstall the app in the process of securing their phones.
4. Changing Banks
Changing Bank is another feature of some who intend to close their account with Branch. After changing Banks, many may want to simplify their finances. This simplification may warrant you to either close your account or delete the account with a Branch Account.
5. Lack of Features
This is one of the reasons why many may feel that they need to deactivate their account. Sometimes, they feel the Branch doesn’t have up-to-date features of the current Fintech organization. This individual will tilt to other organizations that may have such features.
READ ALSO: Top 15 Best Microfinance Banks In Nigeria
How to Close, Delete, or Deactivate Your Branch Account Easily
This section of the article is meant for people who are bent on deactivating their Branch accounts. This section provides step-by-step procedures on how to go about it. Let’s head to step one
Step 1: Sign in to your Branch Account:
This step is the foremost step if you want to deactivate your account. You have to log in with your password and username. Sometimes, this section may require you to verify your account using a verification code.
Step 2: Find the Settings:
This step requires the user to navigate to the settings section of the app. This setting may be located in the three lines found at the top of your account. This may also be found in your profile. Just tap on the ‘Settings’ tap on your mobile device.
Step 3: Tap the Closure Tab:
After navigating to your account settings, you can easily look for the ‘Closure Option’. This tab is helpful if you need to close or deactivate your mobile account. Your closure tab is the button you click to progress
Step 4: Verify your Decision:
Choosing to close your account is a very important decision. Thus decision is made after you have made a critical evaluation of the app. When you choose the ‘Yes’ button, you agree to confirm your decision to close your account.
Step 5: Provide Your Information:
This step entails you providing your details to the platform to confirm your decision. This decision is very serious, therefore it entails you providing some information on why you made that decision. However, you would need to follow the terms and conditions published in the blog
Step 6: Verify Closure:
After you have completed the steps above, you will be notified of your termination of your Branch Account. This is the last process you would have to pass through to completely deactivate your account.
FAQ
Is the branch a registered company?
The branch loan application is a registered microfinance bank in Nigeria as Branch International Financial Services Limited.
Is the branch secured?
The branch has strong security features in place to free you from fraudsters.
Can the branch send money?
You can connect the Branch to your favorite financial institution to send and receive money easily.
How does Branch work?
Branch account is one of the leading Fintech organizations in Nigeria. It is one of the top platforms where one can borrow funds in Nigeria. You can borrow funds from a Branch Account without Paperwork or a contractual agreement.
Why do people choose to close their loan app?
1. Lack of Feature
2. Changing Banks
3. Security
4. Inactivity
5. Privacy
Conclusion
Branch has proven to be a Nigerian wallet. You can easily access the branch when you download their app. You can also close the account if you want to. This can be done through a series of steps such as: Navigating to Settings, Click the closure button, verifying your decisions, and providing your information.
