Read How to Deactivate, Terminate or Close Diamond Yello Account
Those operating a DYA can choose to terminate their account at any time. To that end, we have compiled a detailed guide to help you with your account deactivation process.
Diamond Yello Account is a bank account you can create from the comfort of your home with MTN Sim card. MTN is in partnership with diamond bank to operate and manage DYA. If you open an account with your phone (MTN Sim) you can deposit money directly at any diamond bank or DYA agents worldwide.
You don’t need a diamond yellow account opening form from the bank to open an account. If you don’t know how to open and manage a diamond Yello account, click here and learn how to open and get a loan from them.
There are many features of this Diamond and MTN Yello account which might make you have a rethink from deactivating your account. Features like their Loan plans, Promo, and their easy banking which makes you download the dya app on your phone (Blackberry, Android or any other browsing phone). You can even bank with your Nokia touch light phone by simply dialing *710# from the comfort of your bed room.
If you forgot your account number, then let not account deactivation come to your mind. There are many ways to retrieve your Diamond Yello account number.
Now, if there is a need to deactivate diamond Yello account, follow the simple instructions below to close your account.
Before you can do anything, make sure you have read and understood fully the Diamond Yello account loan terms and conditions. It can be found on their website http://www.diamondbank.com/personal/financial-inclusion/diamond-yello-account/terms-conditions-diamond-yello-account/
How To Deactivate Diamond Yello Account
Default deactivation requires that Accounts that have been opened and remain unfunded after the first sixty (60) days will be closed (Deactivated).
In the event that you port to another mobile network provider from MTN, you will be required to withdraw all credit balances in your account within two (2) days of your port request and clear any outstanding debt if granted a loan facility and subsequently close the account. However, you may open another bank account with Diamond Bank other than the Diamond Yello Account whilst with another mobile network operator.
Manually, you can visit any Nearest Diamond Bank Branch to withdraw your entire available fund and close your account.