Bank Account Termination Letter

A Bank Account Termination Letter is a formal request sent by an account holder to their bank to close or terminate an existing bank account. This letter serves as an official notice from the customer, informing the bank of their intent to end their banking relationship regarding a specific account or accounts.

Here are two sample Bank Account Termination Letters. Each provides a clear request to close an account, along with instructions for handling any remaining balance and a request for confirmation.

Bank Account Termination Letter sample 1

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]

[Date]

[Bank Name]
[Bank Address]
[City, State, ZIP Code]

Subject: Request for Termination of Bank Account

Dear [Bank Manager’s Name / Customer Service Department],

I am writing to formally request the closure of my bank account with [Bank Name]. Please find the account details below:

Account Holder Name: [Your Name]
Account Number: [Account Number]
Account Type: [Checking/Savings]

Please process this request and close the account effective immediately (or specify a future date if desired). I would appreciate it if any remaining balance could be handled as follows:

Transfer to: [Specify Bank and Account Number for Transfer]
or
Issue a Check: Please send a check to my mailing address as listed above.

Additionally, I kindly request written confirmation once the account has been closed. Should you require further information or documentation to complete this process, please feel free to reach me at the contact information provided.

Thank you for your assistance in this matter.

Sincerely,
[Your Signature (if sending a hard copy)]
[Your Printed Name]

Bank Account Termination Letter sample 2

[Business Name]
[Your Name (Position in Business)]
[Business Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]

[Date]

[Bank Name]
[Bank Address]
[City, State, ZIP Code]

Subject: Termination of Business Bank Account – [Account Number]

Dear [Bank Manager’s Name / Customer Service Department],

On behalf of [Business Name], I am formally requesting the closure of our business bank account with [Bank Name]. The details of the account are as follows:

Business Name: [Business Name]
Account Holder: [Your Name / Business Representative Name]
Account Number: [Account Number]
Account Type: [Business Checking/Savings]

Please close this account effective [desired date, e.g., immediately or specify date]. I kindly request that you handle any remaining balance in the following way:

Issue a Check: Please issue a check for the remaining balance payable to [Business Name] and mail it to the business address provided above.
or
Transfer Funds: Transfer the remaining balance to our linked business account at [Bank Name, Account Number].

We also request confirmation of the account closure and a final account statement. If there are any required forms or further steps needed to complete this process, please inform us at your earliest convenience.

Thank you for your assistance in handling this request.

Best regards,
[Your Signature (if sending a hard copy)]
[Your Printed Name]
[Your Position]
[Business Name]

Bank Account Termination Letter

Bank Account Termination Letter sample 1

Bank Account Termination Letter sample 2

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