Can Money still go into a Closed Account?
As you probably expect, no, money cannot enter a closed account. Whether a payment is made from a personal account or a business account, that transaction will bounce back to the sender if the account has been closed. That money will not enter the account that has been closed, because there is essentially no account for it to enter.  However, there have been some occasions where money has been allowed to enter a closed account. When this has happened, it has usually been a clerical error, and the mistake has been corrected as soon as it has been observed.  There is also a small chance that any payments sent to an account on the day that it is being closed may enter the account. This is very rare, but there have been occasions when this happened. When an account is being closed, then the money in that account must be moved elsewhere. So, if the payment clears before the account is officially closed, then your money may not bounce back.