Targobank: cancel your account - how it works

You can conveniently terminate your account with Targobank if you get better conditions from another bank, for example. We will explain to you what is important when canceling an account with Targobank.

Cancel your account with Targobank

• You can only terminate your account with Targobank if you also have credit. If you are in the red, you have to clear your account first.
• When you cancel a bank account, you should generally not incur any costs. Legislators stipulate that the bank must terminate the account free of charge.
• You can cancel your Targobank account at any time. You are not bound by any deadlines.
• If you cancel your account, Targobank will of course request all EC and credit cards back.

How to cancel your Targobank account

An informal letter is sufficient to terminate your account with the Targobank. You can send these letters to your Targobank branch by post or hand them in personally.

• The letter must contain the account number of the account to be canceled, your name and address and of course your request.
• The letter should also have a date and be signed.
• Also enter an account to which your remaining balance should be transferred.
• If you do not want to write a letter yourself, you can use the subscription alert template. Simply fill in the missing data in the form above. You can then download the template free of charge as a PDF or have it sent directly by Aboalarm. The latter costs between 2.99 and 4.99 euros.