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bank accounts


woody234

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I want to close my bank account with credit agricole cmds, I have 270 euros balance and no cards or loans. I have recieved 2 letters to sign and send back to them, the letter reads "declare demander le remboursement de 113 part socials" and "au prix unitaire de 1,53 euro, soit un total de 173 euro" does this mean they will charge me 113 euros to close the account, Is it normal in france to pay about 100 euros to close a bank account, can anyone help.
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Woody

You have 113 shares (parts sociales) in Credit Agricole and they are asking if you want to cash them in.  They are valued at a statutory fixed price of 1,53€ per share so if you sign the letters and send them back, you'll receive 173€.

There is no charge to close your account.

 

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In the past french banks most certainly did charge a lump to close an account. I think that Sarkozy stopped it, or maybe it was done a little earlier, it is, in my mind fairly recent.

When I say I have several french bank accounts, it is simply because I was never prepared to pay the price in the past.

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