Looking for letter templates to close your bank account? Check out our 6 unique templates for formal, joint, overdraft, unsatisfactory services, automatic payments, and simple account closure. These detailed templates make the process quick and easy for you, saving you time and effort.
Template 1: Simple Letter to Close Bank Account
[Your Name]
[Your Address]
[City, State ZIP Code]
[Date]
[Bank Name]
[Bank Address]
[City, State ZIP Code]
To Whom It May Concern,
I am writing to request the closure of my bank account [account number] with immediate effect. Please find enclosed a check for the remaining balance in the account.
I request that you confirm the closure of the account by sending me a written confirmation to the address mentioned above. I would also like to request that you waive any fees associated with the closure of this account.
Please let me know if there is any additional information required from my end to close this account.
Thank you for your prompt assistance in this matter.
Sincerely,
[Your Name]
Template 2: Formal Letter to Close Bank Account
[Your Name]
[Your Address]
[City, State ZIP Code]
[Date]
[Bank Name]
[Bank Address]
[City, State ZIP Code]
Dear Sir/Madam,
I am writing to formally request the closure of my bank account [account number]. I have decided to close this account due to personal reasons, and I have no intention of using this account in the future.
Please find enclosed a check for the remaining balance in the account. I request that you provide me with a written confirmation of the account closure as soon as possible.
I would like to take this opportunity to thank you for the services provided to me during the time I held this account. I would appreciate it if you could confirm the waiver of any fees associated with the closure of this account.
If you require any further information, please do not hesitate to contact me at the address mentioned above.
Thank you for your cooperation in this matter.
Sincerely,
[Your Name]
Template 3: Letter to Close Bank Account due to Relocation
[Your Name]
[Your Address]
[City, State ZIP Code]
[Date]
[Bank Name]
[Bank Address]
[City, State ZIP Code]
Dear Sir/Madam,
I am writing to request the closure of my bank account [account number] with immediate effect. I am relocating to a new city and have no further use for this account.
Please find enclosed a check for the remaining balance in the account. I request that you provide me with a written confirmation of the account closure and a statement indicating that the account has been closed with no outstanding balance.
I request that you waive any fees associated with the closure of this account due to my relocation. I appreciate the services provided to me during the time I held this account and wish to thank you for your cooperation in this matter.
If you require any further information, please do not hesitate to contact me at the address mentioned above.
Sincerely,
[Your Name]
Template 4: Letter to Close Joint Bank Account
[Your Name]
[Your Address]
[City, State ZIP Code]
[Date]
[Bank Name]
[Bank Address]
[City, State ZIP Code]
Dear Sir/Madam,
I am writing to request the closure of our joint bank account [account number] with immediate effect. After careful consideration, [Joint Account Holder’s Name] and I have decided to close the account due to personal reasons.
Please find enclosed a check for the remaining balance in the account, and we request that you provide us with a written confirmation of the account closure. We would appreciate it if you could waive any fees associated with the closure of this account.
If there are any additional steps or information required to complete this request, please let us know as soon as possible.
Thank you for your assistance in this matter.
Sincerely,
[Your Name]
[Joint Account Holder’s Name]
Template 5: Letter to Close Bank Account with Overdraft
[Your Name]
[Your Address]
[City, State ZIP Code]
[Date]
[Bank Name]
[Bank Address]
[City, State ZIP Code]
Dear Sir/Madam,
I am writing to request the closure of my bank account [account number] with immediate effect. Please note that this account currently has an overdraft balance of [Overdraft Balance Amount], which I intend to pay in full immediately.
Please provide me with the necessary information to pay off the overdraft balance and close the account. I request that you waive any fees associated with the closure of this account due to the overdraft balance.
I would appreciate it if you could confirm the closure of the account and that there are no outstanding balances.
Thank you for your cooperation in this matter.
Sincerely,
[Your Name]
Template 6: Letter to Close Bank Account due to Unsatisfactory Services
[Your Name]
[Your Address]
[City, State ZIP Code]
[Date]
[Bank Name]
[Bank Address]
[City, State ZIP Code]
Dear Sir/Madam,
I am writing to request the closure of my bank account [account number] with immediate effect due to unsatisfactory services. Despite numerous attempts to rectify the issues with my account, I have not received the level of service that I expected.
Please find enclosed a check for the remaining balance in the account, and I request that you provide me with a written confirmation of the account closure.
I also request that you waive any fees associated with the closure of this account due to the unsatisfactory services provided.
If there are any additional steps or information required to complete this request, please let me know as soon as possible.
Thank you for your cooperation in this matter.
Sincerely,
[Your Name]
Template 7: Letter to Close Bank Account with Automatic Payments
[Your Name]
[Your Address]
[City, State ZIP Code]
[Date]
[Bank Name]
[Bank Address]
[City, State ZIP Code]
Dear Sir/Madam,
I am writing to request the closure of my bank account [account number] with immediate effect. Please note that this account has automatic payments set up for [List Automatic Payment Services], and I request that you take the necessary steps to cancel these payments.
Please provide me with the necessary information to cancel these automatic payments, and I request that you waive any fees associated with the closure of this account.
I would appreciate it if you could confirm the closure of the account and that there are no outstanding balances.
Thank you for your assistance in this matter.
Sincerely,
[Your Name]
Frequently Asked Questions (FAQs)
1. What should I include in a letter to close a bank account?
Answer: When writing a letter to close a bank account, you should include the following information:
- Your full name and current address
- Your account number
- A clear statement of your intention to close the account
- The reason for closing the account (if desired)
- Any instructions for transferring funds to another account
- A request for confirmation of the account closure
2. How do I write a letter to close a bank account professionally?
Answer: To write a letter to close a bank account professionally, you should follow these steps:Use a formal tone: Write the letter using formal language and a professional tone.
- State the purpose of the letter clearly: Start the letter by stating that you are writing to request the closure of your bank account.
- Provide all necessary information: Make sure to include your full name, account number, and other relevant information the bank may need to process your request.
- Explain the reason for closing the account (if desired): If you have a specific reason for closing the account, you may include it in the letter.
- Request confirmation: Ask the bank to send you a written confirmation of the account closure and any related transactions.
3. What should I do before writing a letter to close a bank account?
Answer: Before writing a letter to close a bank account, you should take the following steps:
- Check for any outstanding issues: Make sure to resolve any unresolved disputes or charges before closing the account to avoid any negative impact on your credit score.
- Cancel any automatic payments: If you have any automatic payments set up with the account, make sure to cancel them before closing the account to avoid any overdraft fees or other charges.
- Transfer funds to another account: If you have funds in the account, make sure to transfer them to another account before closing it to avoid any complications.
- Check the bank’s procedure for closing an account: Make sure you are aware of the bank’s procedure for closing an account and follow it exactly.
4. How long does it take to close a bank account after sending a letter?
Answer: The time it takes to close a bank account after sending a letter can vary depending on the bank’s policies and procedures. Typically, it can take anywhere from several business days to several weeks for the bank to process the request and close the account. It’s a good idea to follow up with the bank after a few days to ensure that the process is underway.
5. Can I close a bank account online?
Answer: Yes, many banks allow customers to close their bank accounts online. This process is often quicker and more convenient than writing a letter.
However, the exact process may vary depending on the bank, so you should check with your bank to see if this option is available and what steps you need to follow.
