P account cancel or convert
You have converted your account once in a garnishment protection account, you can have it back in a normal checking account convert:
- The Federal court has in the judgment of 10.02.2015 decided that the seizure protection is only an addition to the normal checking account was.
- It goes on to say: "we Will cancel the supplementary agreement on the garnishment protection account, shall continue to apply, therefore, the existing agreements relating to the garnishment protection account underlying traditional checking account".
- Conclusion: you only need to terminate the additional agreement with your Bank and can lead to the current account.
P-cancel account
P-account: supplementary agreement to terminate
- Your Bank write that you want to convert your garnishment protection account back to a regular checking account.
- To do so, enter your customer number and your account number and sign the letter. You send the letter by registered mail.
- After about a month, the Bank should have changed the account type.
- Often, banks are fighting back, however, to terminate the P account. Hold the correspondence and then to the consumer.
On the next page, we show where you for a Bank account online open can.
