Closing two accounts out of three

Question

I somehow have three accounts. I want to close two of them and lieve just one. Can you help me with that?

Answer 1

This is a very common situation, and the first step is slowing down before closing anything. The key question isn’t how to close accounts — it’s which account should remain active and whether any activity needs to be reviewed or consolidated first.

In practice, you’ll want to identify the account that has the most complete and accurate history, confirm which one is connected to your bank feeds or payment platforms, and make sure no open balances, transactions, or reports are still needed from the other accounts. Once that’s clear, closing the extra accounts is usually straightforward.

The main risk I see is closing accounts too early and losing access to information that’s still needed for reconciliation, reporting, or taxes. A short review upfront can prevent a lot of cleanup later.

Most problems here come from skipping the review step, not from the closing process itself.