Bank Account closing request from the bank account holder to the bank.
The letter concerns the closing of the identified bank account from the account's owner to the bank. The letter specifies the reasons why the account holder wants to close it.
Details of the account are listed, including the account number and the designated signatory during its existence.
It also contains the details of its current balance and the details of the account they wish to transfer the funds to upon the account's official closure.
The preferred contact means is stated at the end.
How to use this Document?
This document should be carefully read by the Individual Borrower and Lender.
Both parties should sign and return a copy, and once signed, both parties should get a copy. To avoid any future disputes, both parties may wish to have their signatures witnessed.
The account number, designated signatory, and account balance should all be clearly stated.
If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.
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