• Sample Letter To Close Bank Account Of Company

Closing a company bank account is an essential administrative task that requires careful attention and proper communication. To assist businesses in this process, we have prepared four templates for writing letters to close a bank account of a company. Each template addresses different scenarios, such as company dissolution, business merger, business relocation, and company liquidation. These templates are designed to be formal and professional, ensuring that the closure request is communicated effectively to the bank manager or relevant authorities.In each template, you will find a clear and concise explanation of the reason for the account closure, along with the necessary details such as the account number and any required documentation. Additionally, the templates express gratitude for the bank's services and cooperation throughout the business relationship. Each letter concludes with an invitation to contact the sender for any further inquiries.We encourage businesses to personalize these templates by adding specific details relevant to their circumstances. By utilizing these templates, companies can navigate the process of closing a bank account with confidence, maintaining professionalism and clarity in their communication with the bank.Please note that the specific requirements and procedures for closing a bank account may vary depending on the bank's policies and the unique circumstances of the company. We recommend consulting with the bank directly to ensure that all necessary steps are followed accurately.

Template Bank Account Closure Request - Company Dissolution

[Your Company Name] [Your Company Address] [City, State, ZIP] [Date]

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

Dear [Bank Manager's Name],

Subject: Request to Close Company Bank Account

I hope this letter finds you well. I am writing on behalf of [Your Company Name] to request the closure of our company bank account with your esteemed institution.

Due to business restructuring and subsequent dissolution, we no longer require the services of the aforementioned bank account. Therefore, we kindly request you to initiate the necessary procedures to close the account as soon as possible.

Please find enclosed all the required documents, including account statements and identification proofs of authorized signatories. Additionally, kindly ensure the full withdrawal of any remaining balance from the account and transfer it to our designated account [New Account Details].

We sincerely appreciate the excellent services provided by your bank throughout our business association. Your professionalism and support have been instrumental in our financial operations.

Thank you for your prompt attention to this matter. If there are any further steps or documentation required from our end to facilitate the account closure, kindly inform us, and we will comply accordingly.

Should any inquiries arise during this process, please feel free to contact me at [Your Contact Number] or [Your Email Address].

Once again, thank you for your cooperation, and we wish your bank continued success in the future.

[Your Name] [Your Designation] [Your Company Name] [Your Company Contact Information]

Template Bank Account Closure Notice - Business Merger

Subject: Closure Notice of Company Bank Account

I am writing to inform you that due to a recent merger with [Merging Company Name], our company, [Your Company Name], will be closing its bank account at your esteemed institution.

As part of the merger agreement, we have consolidated our financial operations, and hence, our banking requirements will be met by [Merging Company Name]'s existing account. We, therefore, kindly request the closure of our current bank account [Account Number].

Enclosed with this letter, you will find all necessary documentation, including account statements and relevant identification proofs of authorized signatories. We request the full withdrawal of any remaining balance and its transfer to our new account at [Merging Company Name] bank [New Account Details].

We would like to express our gratitude for the reliable banking services your institution has provided us over the years. Your support has been vital to our company's growth and success.

If any additional steps or documentation are required for the account closure, please inform us, and we will promptly comply with the necessary procedures.

Thank you for your cooperation and understanding during this transition. We are confident that your bank will continue to provide excellent services to your customers.

Should you have any inquiries, please feel free to reach me at [Your Contact Number] or [Your Email Address].

Template Account Closure Request - Business Relocation

Subject: Account Closure Request for [Your Company Name]

I hope this letter finds you well. I am writing to formally request the closure of our company bank account [Account Number] at your esteemed institution.

Due to our company's recent relocation to [New City/Country], we have decided to transfer our banking operations to a local bank in the new location. Consequently, we kindly request the closure of our current bank account and the withdrawal of any remaining balance.

Enclosed, please find all necessary documents, including account statements and identification proofs of authorized signatories. We request that you initiate the closure process promptly to facilitate a smooth transition.

We wish to extend our appreciation for the excellent banking services your institution has provided us during our association. Your efficient and professional approach has been instrumental in our financial management.

If there are any additional steps or requirements for the account closure, please let us know, and we will gladly comply with them.

Thank you for your understanding and cooperation. If you have any inquiries, feel free to contact me at [Your Contact Number] or [Your Email Address].

Template Bank Account Closure Application - Company Liquidation

Subject: Application for Closure of Company Bank Account

I trust this letter finds you well. I am writing to submit an application for the closure of our company bank account [Account Number] with your esteemed bank.

As you may already be aware, our company, [Your Company Name], is currently undergoing liquidation. In light of this development, we are required to close all our financial accounts, including the aforementioned bank account.

We request your prompt attention to this matter and kindly ask you to initiate the necessary procedures for the closure of our account. Please ensure the full withdrawal of any remaining balance and its transfer to the designated account provided in the enclosed document [New Account Details].

We take this opportunity to express our gratitude for the excellent services your bank has provided us over the years. Your support has been crucial in maintaining our financial stability and growth.

If there are any additional formalities or documentation required for the account closure, please inform us, and we will comply with all necessary steps.

Thank you for your cooperation during this challenging time. Should you have any inquiries or require any additional information, please feel free to contact me at [Your Contact Number] or [Your Email Address].

We are delighted to extend our professional proofreading and writing services to cater to all your business and professional requirements, absolutely free of charge at Englishtemplates.com . Should you need any email, letter, or application templates, please do not hesitate to reach out to us at englishtemplates.com. Kindly leave a comment stating your request, and we will ensure to provide the necessary template at the earliest.

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Sample Letter to Close Bank Account of Company

Want to request the closing of company bank accounts? Sample request letter to branch manager to close the company’s bank account, business, school, college, university, personal/individual bank account, Partnership bank account, etc.

Letter to Request Bank Account Closing

Bank Name Branch Address

Dear Branch Manager,

on behalf of the (company name), you are requested to please close the bank account number #000000 immediately. You will be provided with any document required to process this request. I will be thankful to you.

Sincerely Yours,

Your Name, Designation

Close Bank Account of the Company (Requesting Application Letter to Branch Manager)

We are not using our company bank account at your branch for a long time. Therefore, I request you to please close the bank account immediately and acknowledge it. I will be grateful to you.

Close Company Bank Account Due to Business is Closed

The company “company name/bank account title” is closed for some reasons. Therefore, I request you to please close the company bank accounts at your branch. I will be thankful to you.

Letter to Request for Closing Bank Account of the Company

On behalf of (company name/title of account), I request you to please close our bank account number (000000) with immediate effect. I will be thankful to you.

Regards, Your Name & Designation

Request to Close Company Bank Accounts Because Owner Passed Away

The company “name of the company” owner passes away, and we want to close the company and its bank accounts immediately. I request you to please oblige and acknowledge. I will be grateful to you.

Your Name and relationship with the owner with proof.

Request Letter to Close our Company Account Due to Office Shifting

Dear Branch Manager

I request you to please close all of our company bank accounts at your branch because we are shifting our office to new premises.

We were using the following bank accounts: number1, number2, number.

I will be grateful to you.

Bank Account Closing Letter to Branch Manager for Office Shifting

Dear Sir, This is our honor that we had our bank accounts in your esteemed bank. Recently our company management decides to move our company head office to California because our mostly clients are from California state. Our central production units are also in California.

We will close this office at the end of next month as most of the departments already moved to our new location.

We had ten business accounts in your bank. The details of the accounts are enclosed with this letter. Furthermore, we have already withdrawn the balanced from all accounts. We are also submitting all the remaining checkbooks with this letter and the account closing form signed by the Signatory Authority.

We are at your complete disposal of any further documents you may require to close the business accounts.

Thanks for the anticipation.

Jim Rohan Chief Executive

Bank Account Closing Confirmation Letter

Dear Jim Rohan,

Thank you for your letter dated 8th July, subjected Closing Bank Account of Your Company. As requested, all your said accounts are closed for transactions like deposits, withdrawal of cheques, etc. Therefore, the bank closed five bank accounts of your company maintained by you. We hope that you enjoyed our services, and in the future, you will prefer our bank for your company’s needs. We wish you the best of luck.

Areeba Sultan Branch Operations Manager

Account Closing Application to Bank Manager

An application letter from a customer to the bank manager requesting him to terminate all the accounts registered to his Name

Respected Bank Manager,

My name is William, and I have been a customer of your bank for two years. My account is a savings one and has an ID 45445-2423. I am writing this letter to you to inform you that my family and myself moving abroad next week for good. I was given a promotion from the company, and I considered it. As I am moving abroad, I want to close all the accounts in your bank registered to my Name. I would also like to withdraw all the money from this account. My ATM card and VISA card may also be terminated. As I am moving abroad next week, so I want this work done as soon as possible. Doing business with your bank was a wonderful experience for me, and I shall never forget it.

I hope you will consider my application for termination of all the accounts in light of your kind views and act upon it as soon as possible. I shall be very thankful to you for this favor. I thank you in advance.

Yours truly

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5 thoughts on “Sample Letter to Close Bank Account of Company”

Hi. how are you, I am the AUDITOR from Tanzania SAI (Supreme Audit institution). I need a sample of management letter for my client who need to close some of the business bank accounts, and he needs an auditor to give an assurance to the management that the bank accounts balance present true and fair view of the business

here it is: https://semioffice.com/bank-letters/management-letter-assurance-of-bank-account-balances/

Sir I want sampel letter of bank account transferred to another branch application

good applications for every person who is employee and not employee.

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Application for Closing Bank Account

Sometimes you have got to close your bank account for various reasons. You need to draft an application for closing bank account properly. Along with it, you need to attach a few important documents as well. This article let us learn how to write an application for closing bank account, the guidelines to be followed and a few sample letters to understand the topic in depth.

Application for Closing Bank Account

To close your bank account, you must write an application letter to the manager of your respective bank branch. Along with the application, you must also include/attach the documentation required to shut your account, such as a passbook, chequebook, ATM card (debit/credit), identity proof and so on. It is also important to mention the reason for closing your bank account.

A person’s bank account might be closed for a variety of reasons. Some common causes include difficulties maintaining several accounts, inadequate response or service, unnecessarily charged fees, personal or financial troubles, the death of a family member, an untrustworthy online service, or an inability to maintain a minimum balance.

Guidelines to follow before Closing your Bank Account

  • It is critical to double-check your account balance before closing it.
  • Check your balance and then write a cheque to withdraw your money.
  • Before requesting closure, ensure that all of your transactions and bank-related operations have been completed.
  • Using an ATM card may result in less than 500 remaining. Hence, use a cheque whenever emptying the money in your bank account.
  • Deposit or destroy a blank chequebook and ATM card for security and personal reasons.
  • Confirm that your account has been closed.

Format for Application for Closing Bank Account

The Branch manager

Bank Address

Subject: Application to Close Bank Account

Body of the letter: Mention the reason for closing the bank account, also mention the required bank details such as account number, member ID, passbook, identity proof, etc.

Complimentary Closing

Sender’s Name

Application for Closing Bank Account Samples

Sample 1 – letter for closing current account.

The Branch Manager

State Bank of India

SV Road Branch

12 th October 2022

Subject: Request for Closing Current Account

Respected Sir/Madam,

My name is Ramesh Pawar and I am holding a Current Account in your bank. I would like to close my account because I am having difficulties in maintaining multiple bank accounts. Along with this letter, I am submitting the account passbook and my identity confirmation. Please perform the necessary and begin the closing procedure as soon as feasible.

Thanking you.

Yours Sincerely,

Ramesh Pawar

(Attach original passbook and identity copy)

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Sample 2 – Letter for Closing Savings Account

Dhana Lakshmi Bank

MG Road Branch

18 th April 2022

Subject: Request for Closing Savings Account

Dear Sir/Madam,

My name is Rahul Tripathi and I have a savings bank account with you. XXXXXXXXXXXXXXX is my account number. I haven’t used my account in a long time and don’t need it right now.

As a result, I respectfully recommend that you close this bank account. I’ve attached all of the paperwork needed to close the bank account. If you can complete this in less time, I will be eternally thankful.

Yours truly,

Rahul Tripathi

Sample 3 – Letter for Closing Account Due to Excessive Charges

3 rd July 2022

Subject: Request for Closing my Bank Account

I’m requesting that you close my current account via this application since I’ve seen that unnecessary and excessive costs are being deducted from it over the past few days. Despite the fact that I have not engaged in any unusual transactions. My account information is as follows:

Account Holder’s Name:

Account No.:

Aadhar Card No.:

Registered Email:

Registered Mobile:

Along with my application, I will be returning my passbook, chequebook, and ATM cards. As a result, please accept my application and begin the process of terminating my account.

Kapil Dhuria

Sample 4 – Letter for Closing Account Due to Personal Reasons

Union Bank of India

Noida Branch

30 th September 2021

My name is Sakshi Malik, and I have a savings account at your branch with account number 1147693627569. Because I am relocating to Mumbai for personal reasons, I would like to liquidate my savings account and take the money. I would appreciate it if you could please terminate my account as soon as possible because I will be travelling next week.

For your convenience, I have enclosed the bank passbook, identity, and address evidence.

Yours faithfully,

Sakshi Malik

Frequently Asked Questions

Q1. What documentation is needed to close a bank account?

Answer. All account information, including account holder name, address, account number, associated mobile number, signature, original passbook and original chequebook (if issued). Your Identification Proof (Aadhar Card, Voter ID Card, Electricity Bill, etc.), Address Proof (Aadhar Card, Voter ID Card), and Debit Card / Credit Card are also required (if issued).

Q2. What is the average time it takes to close a bank account?

Answer. It is entirely dependent on your bank. Request that your bank manager performs this activity as soon as feasible. However, it just takes five to 10 days. However, in some government banks, this process can take up to two months.

Q3. Can a bank reinstate a previously closed account?

Answer. Yes, you can reopen a bank account that has been closed. However, whether you can reopen the bank account relies on the bank in specific situations.

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sample application letter for closing company bank account

How to Write a Letter to Close Bank Account: Examples Included

Letter to Close Bank Account

You can write a letter to close your bank account for many reasons. This can be from unnecessary charges, bad customer service, or others. 

Whatever the motive, it’s important to follow the right procedures when closing a bank account. This would create an understanding of the crisis in the bank manager’s mind or whoever opens the letter. 

In this article, we will discuss everything you need to know about writing letters to close your bank account and include samples on how to close a bank account. 

How to Close Your Bank Account

  • Contacting the bank’s customer service department: Before diving headfirst into the account closure. It’s important to contact the customer service department. You need to be well versed in the bank’s operations as this may differ from bank to bank. Remember to be polite and friendly. Waiting can be exhausting, but it will be worth it when the results come out favorable. 
  • Reviewing the bank’s website for information about closing accounts: Most banks have websites that cater to problems like closing an account. Bank-related issues are sensitive since they are related to money. It’s important to understand how your bank handles situations like this. Bank policies differ from bank to bank. There’s always a FAQ page on most websites. If you can’t reach customer service, you may find information about closing an account there.
  • Checking the account agreement for specific procedures or fees: It’s important to clear your account before making any move to close it. Although before you move the money out of your account, clear the outstanding transactions to avoid the payment of overdraft fees. If there’s still money in the account after the transactions are cleared, withdraw it or transfer it to another account.
How to Write a Bank Authorization Letter: Tips, and Sample Letter Formats

How to Write a Letter to Close Bank Account

The format of the letter should be formal, and it should be addressed to the bank manager. You should state your reason clearly for deciding to close the bank account. Every detail connected to your bank account, such as account number, branch code, full name, signature, etc., should be mentioned or indicated in the letter. 

Below are the preferred layout for the closing account letter; 

Heading: This will include your name, address, and that of the bank. This part should be written in the appropriate format:

Salutation: Move on to address the bank representative politely. 

Body: State your intention to close the account. Add the necessary details like your account number, the reason for closing the account, name, and code. 

Closing: Request confirmation that the account has been closed and input the closing salutations. 

Sending the Letter to Close Bank Account

Whether you are mailing the letter, sending an email, or making an in-person complaint in the customer service department, your delivery method should be mapped out. 

Following certain tips is advisable to ensure the letter is received and processed promptly. 

  • Clean your bank account before you send the letter to close it.
  • Before you close your account, it’s important to ensure no automated payments are scheduled to hit your account.
  • Get your account statement and original signature. 
  • Be thoughtful and civil. 
  • Get a written confirmation, and don’t assume the account is closed just because you sent a mail or filed a complaint. 

Bank Account Closing Letter Sample Format

Sample letter to close company bank account, authorization letter to close bank account, letter to bank manager for closing account, after the account is closed.

Remember to follow the necessities to enhance the smooth closure of your account. 

Confirm your bank balance . It’s the most important task before your bank transactions shut. 

Shut the account down . After following the pre-account closure procedures, Send a closing letter to the bank management. Always remember to request a formulated report from your bank. Attach the bank passbook and a photo ID proof to the letter. 

Destroy your cards and Cheques . It is a smart move to destroy your cards and checks. This will also help your security guarantee. Some banks request to reclaim your cards and checks alongside your application letter. Depending on the bank, you should adhere to the directions referenced in the bank’s website or customer service hearsay.

Following up to confirm the account closure and ensure no further charges are incurred is important. It normally takes around three to five working dates to close a bank account after the letter or complaint has been tendered to the bank. 

Closing a bank account is quick and easy, especially if you follow the essential rules and tips.

Naturally, it doesn’t cost anything to close an account, be it a current, savings, or money market account. If you need to close a bank account, you can speed up the process by following the steps above. Make sure to keep all the records of your transactions with your bank to guarantee that your account will be closed properly.

With the help of the sample letters to close a bank account stated in the article, you can easily get to work with your complaints. Keep your letter professional, go straight to the point, and include all the vital information needed. Also, make sure to acknowledge all the provisions of your bank to make the account closure process much faster.

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sample application letter for closing company bank account

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sample application letter for closing company bank account

  • Letter Writing
  • Formal Letter Writing In English
  • Application for Closing Bank Account

Application for Closing Bank Account - Letter Format with Sample Letters

Do you have a bank account that is not used or an account that you are not able to maintain? This article will give you the reasons why you should close your bank account. Sample account closing letters are also given for your better understanding.

Table of Letters

Why close a bank account, format of an account closing letter, sample 1 – current account closing letter, sample 2 – letter to bank manager for closing account, sample 3 – bank account closing letter.

  • FAQs on Bank Account Closing Letter Format

The reasons to close a bank account can vary from person to person. Most common reasons include no proper response or service, fees being charged unnecessarily, c online services, etc. It can also be because you cannot maintain the account, need the money or simply that you would like to start a fresh account.

Sometimes, it happens otherwise too. The bank closes your account because your account remained inactive for a very long period of time, you have had zero balance over a period of time, you have too many bounced checks or overdrafts, you have been subjected to identity theft, etc.

How to Write a Letter to Close a Bank Account?

Every time you wish to open or close a bank account, you would be required to write a letter to the bank manager stating the reasons for the same. To help you with it, here are some sample letters.

The Branch Manager

Name of the Bank

Bank Address

Sir/ Ma’am,

Body of the letter

Thanking you

Yours faithfully,

Signature of the Account Holder

Name of the Account Holder

The Manager

South Indian Bank

Coimbatore- 641022

Subject: Request for closing current account

I am Sneha, and I hold a Current Account in your bank. I have not been able to maintain the account for a few months now due to some personal reasons, and so I would like to close the account. I am enclosing the account passbook along with this letter. Kindly do the needful and initiate the closing process as soon as possible.

Thanking you.

State Bank of India

Chennai – 600054

Subject: Request to close account

I hold an account with the account number 0305000002356032 at your bank. I have been transferred to Bangalore, and so I will have to close the account as I would not be able to access the account. Kindly clear all the transactions with this account and transfer the balance to another account (Account number: 0201000023642365 IFSC Code: SBIL0000201).

Thank you in advance.

Yours sincerely,

Thara Sudhan

Union Bank of India

Koramangala Branch

Bangalore – 600023.

25 th March, 2021

Subject: Closure of savings account

I am Rudhra, and I have a savings account with the account number 2312000023564932 at your branch. I am moving to Chennai for personal reasons, and so I would like to close my savings account and withdraw the amount. I request you to kindly do the needful and close my account at the earliest as I will be leaving next week.

I am enclosing herewith the bank passbook, the identification and address proof for your reference.

Rudhaprasad

Frequently Asked Questions on Bank Account Closing Letter Format

How do i write a letter to close my bank account.

You have to address the letter to the branch manager of the respective bank. Start with the correct address of the bank, subject, salutation, body of the letter stating the reason for the closure of the bank account, complimentary closing, signature and name. Make sure you provide the exact account number and other details necessary accurately.

How can I close my bank account permanently?

To close your bank account permanently, you have to visit the bank and enquire about the process of closing a bank account and then write a letter to the branch manager by providing the reasons for closing the account. Also, provide the required documents for proof and verification.

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  • Banking Basics

Letter To Close Bank Accounts

Other ways to close your account, tips for a successful account closure, the bottom line, frequently asked questions (faqs).

Sometimes an old-fashioned letter is the best way to get the job done. To close a bank account, you might be required to mail your request in a traditional letter or submit it in person at a bank branch. There's no need to wait on hold or in a line, explain yourself to customer service, and hope that the account is closed expeditiously—you can just send the letter and be done with it. Even if a letter isn’t required, using one creates a paper trail that may give you peace of mind, should any errors or complications arise.

Use the text below as a template and fill in the information between brackets (“[“ and “]”) as necessary. See the tips below the letter for more details and other easy ways to close an account.

Sample Account Closing Letter

[Today's Date]

To whom it may concern,

Please close the account(s) listed below. Please send any remaining funds in those accounts by check to the address below, and reject any further requests for transactions in these accounts.

Checking Account: [Account Number]

Savings Account: [Account Number]

Money Market Account: [Account Number]

Other Account: [Account Number]

Please provide written confirmation that the accounts are closed.

If you have any questions, please contact me at the phone number below.

[Account Owner's Original Signature]

[Account Owner’s Printed Name]

[Mailing Address]

[Phone Number]

There might be easier ways to close your account. If you don’t want to print, sign, and mail a letter, try a higher-tech or more personal approach. In some cases, banks may prefer one of these methods over a letter. Check your bank's website to see what steps they recommend taking.

Submit an Online Request

Online banks allow you to transfer all of your funds out and request a closure online. It can be as easy as clicking “Close Account.” Other banks require you to write a request to customer service while you’re logged in to your account.  

Call Customer Service

A quick phone call might also do the trick. If you’ve got a few minutes, just call customer service and ask to close your account.   Be prepared for a few attempts at keeping your business, which you can firmly (but politely) decline.

In many cases, submitting a written, online, or over-the-phone request is all you need to do to close an account. However, you can take extra steps to ensure the process goes as smoothly as possible. Before you finalize your account closure, review these optional steps and special scenarios.

Make Sure You're Done

Before closing your account, double-check to make sure there are no outstanding checks or automatic payments scheduled to hit your account. Change your direct deposit instructions to your new account, and wait to see that the update has taken place before you close an account.

Empty It Yourself

It is usually best to empty your bank account before you send the letter to close it. In most cases, transferring the funds yourself will get the money in your hands more quickly than if you wait for the bank to process your request.

There are several free and easy ways to send funds to yourself electronically, including basic bank-to-bank transfers . Apps and non-bank  services for sending money can also do the job.

If you do it yourself, you’ll know exactly when and where to expect the money. The alternative is to wait for a check in the mail (which you’ll have to deposit before you can withdraw and spend the money). Be careful not to empty your old account too soon if there are pending fees or charges. A fee or charge that you can't cover could complicate and delay the process.  

Be Direct, But Polite

To  close your bank account , you just need to make the request (whether it’s in writing or by clicking a button). The wording isn't the most important thing. It’s not necessary to instruct them to do it “promptly” or “immediately” because they will do it as soon as possible anyway.

Banks do not drag their feet on these things until somebody notices and applies pressure. Just make it easy  for the person who opens your letter (tell them exactly what to do and where to send the money), and it’s more likely to get done quickly and accurately. If you have complaints about the bank or its services, send that feedback separately and wait until after your account is closed.

Download Statements or Transactions

Once you close your account, you may lose access to your account history. Someday, you may wish you had a record of an important transaction. Download several years’ worth of statements before you close your account—just in case. Alternatively, download your transactions into a software program that stores the information for you.

You May Need To Provide an Original Signature

You may be required to sign your letter with ink, rather than with an e-signature or stamp, depending on bank policy. If a bank asks for a written letter, a component of that requirement may include a real signature in order to authorize the account closure.  

Use Wire Transfers or Cashier's Checks in Time-Sensitive Situations

If you  really  need the money to move immediately and be available for spending, send the money to your new account by wire transfer . Alternatively, get a cashier's check , which will cost a bit less and still provide "cleared" funds.

Changes of Address Can Delay the Process

If you’re closing the account because you’ve moved, be aware that bank policies typically only allow them to send funds to your address of record (the address they currently have on file at the bank). Address changes followed by check requests could potentially raise a red flag—they could worry an identity thief is attempting to steal your money. If the bank questions the legitimacy of the transfer, you may have to wait longer for your money, or you may have to do additional paperwork and  get your request notarized . 

Ask your bank what is required to mail a check to a new address (better yet, get the money out yourself, as described above).

If you use a credit union, you might not need to close your account just because you've moved. Many credit unions participate in shared branching, which allows you to  use a different credit union's branches (with thousands of locations available to you nationwide).   You might eventually need an account at a local institution for more complex needs—or you might be just fine using your old account.

Use an App To Deposit the Check

If the bank sends a check for the leftover money in the closed account, you'll need to deposit that check somewhere—and many people these days hardly ever deal with paper checks. The easiest way to make that deposit is with your new bank's mobile app (if available).

Verify the Closure

Don’t just assume your instructions will be followed. Double-check by logging in to your account or calling the bank to ensure that your account is closed. Sometimes instructions get lost, or something needs to be done before you can close the account. If you’re not aware of problems that arise, you risk having inactivity charges or low balance fees charged to your account. They might not be your fault, but it’s easier to clean everything up while it’s fresh in your mind.

While not always required, using a hand-signed letter to request an account closure is an easy way to add an extra layer of financial protection. If any complications or errors occur during the process, you have handwritten and dated proof of key details like what exactly you requested, when you requested it, and where any remaining funds were supposed to go—just remember to keep a copy for yourself.

If the process does go awry at some point, make sure to reach out as soon as you notice the discrepancies. Be direct in your conversations with customer service, but don't burn bridges. Rude comments won't speed up the process, only clear communication will.

If you still have questions about the process, you can read more about what to do  before you change banks  or closing a joint checking account .

Which bank has the highest interest rate on savings accounts?

Some of the banks with the highest interest rates on savings accounts include Sallie Mae Bank, Affirm, and ConnectOne.

How do you remove a bank account from Google Pay?

To delete a bank account from your Google Pay app , tap your photo, then tap "bank account," and select the account you want to delete. Tap the three dots to bring up the option to remove the bank account.

How do you transfer money to another bank account?

There are many ways to transfer money to another bank account. You can directly transfer the money to another account via ACH transfer . You can use a payment app like Venmo. You can use a money order or personal check. You can also withdraw the cash and physically bring it to your new bank, but that may be unnecessarily burdensome when so many digital options exist.

BBVA. " Closing a Checking Account ."

Consumer Financial Protection Bureau (CFPB). " Can I Close My Account Whenever I Want? "

Capital One. " How to Close a Bank Account ."

First National Bank of Moose Lake. " Account Closing Letter ."

Bank of America. " International Wire Transfers ."

Capital One. " What Is a Cashier's Check and How Do You Use It? "

CO-OP Financial Services. " CO-OP Shared Branch ."

sample application letter for closing company bank account

sample application letter for closing company bank account

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How to Write a Letter to Close Your Bank Account

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  • November 7, 2019

A man sitting down to a table to write a letter.

Although the number of people switching banks is steadily declining, sometimes it’s still necessary to close a bank account. According to a J.D. Power survey , only 4% of Americans changed banks in 2018, down from 8% in 2016, with dissatisfaction concerning problem resolution being the number one reason that people change banks. Moving, excessive fees , inconvenient branch or ATM locations, and issues with fraud are also common reasons customers opt to close their accounts .

When closing a bank account, it’s likely that your bank will require a written request to do so. They may provide a specific form or template to use, but if they don’t, you must write a letter. You don’t need to explain your reasons for closing the account. A simple letter that lists the specific account numbers and instructions for the remaining funds will suffice. By sending a bank account closing letter, you won’t have to wait on hold or have an awkward conversation with a representative trying to convince you to keep your account, and you’ll have a written record of your request.

Sample Bank Account Closing Letter

The following is a bank sample letter for closing an account you can copy/download and personalize.

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

RE: Account Closure Request

To Whom It May Concern: This is a formal request to close the following accounts (fill in account numbers as needed): Checking [Account Number] Savings [Account Number ] Money Market Account [Account Number] Other Account [Account Number] All automatic recurring transactions for these accounts have been canceled. Please send confirmation of the account closure and a check payable to me for the remaining balance(s) to the following address: [Address] [City, State, ZIP] If you have questions regarding this request, I can be reached at [Your phone number]. Thank you for your prompt attention to this matter. Sincerely, [Your Name] [Your Signature] [Co-Account Holder’s Name] (if necessary) [Co-Account Holder’s Signature]

Again, your letter should be simple and direct. You do not need to explain why you are closing the account, and if you have complaints, send a separate letter to customer service outlining the problems after the account is closed. Your letter should make it as easy as possible for the bank to close your account, and contain only the information necessary for that to happen.

Before mailing your letter, check with your bank to confirm the specific address where it needs to be sent. Some banks have dedicated addresses or P.O. Boxes for these requests. You may also be able to fax or mail the request to a local branch.

Other Ways to Close a Bank Account

A bank account closing letter isn’t the only way to close an account. Other options include:

Visiting the bank in person . Stop into a local branch and speak to a representative to close your account. You will likely be asked to sign an account closure document. This is a good time to withdraw the remaining balance from your account as well so you do not have to wait for the bank to mail you a check.

Online.  Some banks will allow you to close your account online. Depending on the bank it might be as simple as clicking a few buttons, while others may require a written request via a secure message system. With the online option , you can also request a transfer of the remaining balance to a different account.

Via  Phone.  Generally speaking, banks require account closure requests in writing, but you may be able to initiate the process over the phone. Depending on your bank, they may be able to send you paperwork to sign to close the account, or you may be directed to an online account management system.

Before closing your bank account, cancel any automatic withdrawals, such as automatic payments or transfers to other accounts. Failing to do so could lead to fees or penalties when transactions are declined. Also, don’t withdraw all of your money until all pending transactions have cleared. If you have direct deposit, confirm that your deposits are being sent to your new account before closing your old one, to avoid losing access to your money or other problems.

Make Sure Your Account Is Closed

After closing your account by mail, wait a few days before confirming that it’s been done. Logging in to your account or calling the bank is the easiest way to do this.

Even if you send clear instructions, there could be delays, or the bank could require additional information or steps before the account is officially closed. If you withdraw all of your money, you could incur low balance, account inactivity, or account maintenance fees even if you have closed the account, so double-checking that the account is actually closed is important. The bank will most likely send you a letter confirming the request to close the account; keep that letter with a copy of the letter you sent on file in the event that there are any questions or problems.

Also, before closing your account, download all of your statements so you maintain a record of all of your transactions. Once your account is closed, you may lose access to the information, and you may need details about specific transactions in the future.

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sample application letter for closing company bank account

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Request Letter for Closure of Bank Account of Company Sample

The company will have to collect the bank’s account closure form and submit it along with the required documents, viz. board resolution, etc.

However, if you cannot get a hold of the form, you can write a request letter for bank account closure to the concerned authority.

Below is a sample request letter for the company’s bank account closure that you can use for your reference.

Similar Post: Request Letter To Bank For Cash Credit Limit

Sample Letter to Close Bank Account for Business: How to Write a Professional and Effective Letter

Closing a business bank account can be a tricky process. You may have to follow specific procedures and provide certain documents to your bank. Writing a professional and effective letter is an essential part of the process. In this article, we’ll provide you with a step-by-step guide on how to write a sample letter to close a bank account for your business.

Before we get started, there are a few things you should keep in mind. Firstly, make sure you have a good reason to close your account. If you’re dissatisfied with your bank’s services, try to resolve the issue with them first. If you’ve decided to switch to another bank, make sure you have opened a new account before closing your existing account. Lastly, check for any outstanding fees or charges on your account and settle them before you close your account.

Step 1: Begin with a Professional Greeting

Your letter should begin with a professional greeting that addresses your bank’s representative. If you know the name of the representative, you can address them directly. For example, “Dear Mr./Ms. Smith”. If you’re not sure who will be handling your request, you can address them as “To Whom It May Concern”.

Step 2: State Your Intentions

In the first paragraph of your letter, state your intention to close your business bank account. Be clear and concise about your decision. For example, “I am writing to inform you that we have decided to close our business bank account with your bank”.

Step 3: Provide Your Account Information

In the next paragraph, provide your account information such as your account number, account name, and any other relevant details. This information will help the bank identify your account and process your request quickly.

Step 4: Request for Account Closure

In the following paragraph, request that your account be closed. For example, “We request that you close our business bank account as soon as possible.”

Step 5: Provide Instructions for Remaining Balance

If there is any remaining balance in your account, provide instructions on how you would like to receive it. You can request for a check to be mailed to your business address or transfer the funds to your new account.

Step 6: Provide Contact Information

In the last paragraph, provide your contact information such as your phone number and email address. This will allow the bank to contact you in case they need any additional information.

Step 7: Close with a Professional Closing

End your letter with a professional closing, such as “Sincerely” or “Best regards”.

Similar Post: Sample Request Letter For Bank Certificate For Iec Code

(Letter to a bank requesting closure of a current account of the company)

Ref: __________

Date: _________

The Branch Manager

__________ Bank

__________ Branch

Tel. __________

Dear Sir/Madam,

Sub.: Closure of current account of the company

We request you to please close our current account with your bank. The account number is ____________ (account number).

We have been delighted with the services provided by your bank. However, we have decided to close this account as we no longer need a business bank account. We will be withdrawing all the remaining funds from the account and closing it permanently.

We would appreciate it if you could process our request as soon as possible and send us a confirmation once the account has been closed. If you have any questions, please do not hesitate to contact us at ____________ (contact information).

Representative:

 (Signature)

(Name of the Employee)

Employee Code : _____

Attested by:

(Name of the Senior Officer)

Kindly acknowledge the receipt and do the needful at the earliest.

Thanking you,

Yours sincerely,

For _________ Limited

(Name of the Authorized Director/Officer)

(Designation)

Enclosures:

1) Certified true copy of board resolution

2) Chequebook

3) Account closure form

In conclusion, closing a business bank account can be a challenging process, but with the right approach, you can make it a smooth and hassle-free experience. Writing a professional and effective letter to your bank is a crucial part of the process, and following the steps we have outlined in this article can help you to achieve that.

Remember, when writing your letter, be clear and concise about your intentions, provide all the necessary information, and request for the account to be closed in a polite and professional manner. Additionally, be sure to settle any outstanding fees or charges on your account before you close it, and provide instructions on how you would like to receive any remaining balance in your account.

By following these steps, you can ensure that your business bank account is closed smoothly and efficiently, and you can move on to your next business venture without any unnecessary delays or complications.

Ansari Alam

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Sample Letter To Close Bank Account: Free & Effective

I’ll share how straightforward it was to close my bank account, an experience that initially seemed daunting without proper guidance.

Key Takeaways

  • Importance of a well-crafted bank account closure letter.
  • Step-by-step guide on how to write the letter.
  • Free Template :  Utilize the provided template to simplify the process.
  • Essential details to include in the letter.
  • Tips for a smooth account closure process.

Why Close a Bank Account?

You might want to close a bank account for various reasons – maybe you’re moving to a new country, found better banking services elsewhere, or just want to simplify your finances. Whatever the reason, it’s important to do it right.

Steps to Close Your Bank Account

Step 1: check your account.

Ensure your account has no pending transactions or negative balance. Settle any outstanding fees.

Step 2: Open a New Account (If Necessary)

If this is your only bank account, consider opening a new one before closure to avoid issues with automatic payments.

Step 3: Download Necessary Documents

Download your latest statements for future reference, especially for tax purposes.

Step 4: Contact Your Bank

Trending now: find out why.

Some banks allow online closures, but others require a written request.

Step 5: Write the Closure Letter

This is where you’ll need to be precise and clear. Here’s how:

Essential Details to Include:

  • Your name and address.
  • Account number.
  • A clear statement of your intention to close the account.
  • Instructions for disbursing any remaining balance.
  • Your contact information.

Step 6: Send the Letter

Use registered mail or deliver it in person, depending on your bank’s policy.

Step 7: Confirm Closure

Make sure you receive a confirmation from the bank.

Step 8: Keep Records

Store the closure confirmation and any correspondence for your records.

Letter Template

[Your Name] [Your Address] [City, State, Zip]

[Bank Name] [Bank Address] [City, State, Zip]

Dear [Bank Manager’s Name],

I am writing to request the closure of my bank account [Your Account Number]. Please disburse any remaining balance in my account via [check/money transfer to Account Number].

Kindly acknowledge the receipt of this request and confirm the closure of my account.

Thank you for your assistance.

[Your Name] [Your Contact Information]

Tips for a Smooth Account Closure

  • Verify all automatic payments : Ensure that all automatic payments or direct deposits are transferred to your new account.
  • Keep a copy of your closure letter : This is vital for any future disputes.
  • Follow up : If you don’t receive confirmation, follow up with your bank.

Closing a bank account doesn’t have to be a hassle. With this guide, I hope your experience will be as smooth as mine. If you’ve closed a bank account recently, share your experience in the comments. Your insights could help others!

Frequently Asked Questions (FAQs)

Q: how do i write a letter to close my bank account.

Answer: I recently went through this process. I started by addressing the letter to my bank’s branch manager. I included my account number, name, and contact details. 

I stated clearly that I wanted to close my account and requested them to transfer any remaining balance to another account, specifying the details. I signed off with a formal closing and my signature.

Q: What Details Should I Include in the Letter?

Answer: From my experience, it’s crucial to include your full name as it appears on the account, your account number, and your contact information. 

I also mentioned the reason for closing the account briefly, though it’s not always necessary. Importantly, don’t forget to sign the letter to validate it.

Q: Is It Necessary to Mention the Reason for Closing the Account?

Answer: In my case, I did mention the reason briefly, but it’s not mandatory. Banks usually don’t require a reason for closing an account. However, providing a reason can sometimes speed up the process, especially if it’s due to poor service or high fees.

Q: Should I Visit the Bank in Person After Sending the Letter?

Answer: It depends on the bank’s policy. In my situation, I followed up with a visit to ensure everything was processed smoothly. Some banks might require you to come in person to verify your identity and sign some documents.

Q: How Long Does It Take for the Account to Close After Sending the Letter?

Answer: For me, it took about 10 business days after the bank received my letter. The time can vary depending on the bank and its internal processes. It’s a good idea to check with your bank about their specific timeline.

Q: Can I Close My Account via Email Instead of a Letter?

Answer: I initially thought about doing this, but my bank required a physical letter for security reasons. It’s best to check with your bank’s policy. Some banks might allow closing accounts via secure email or online banking platforms.

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Application for Closing Bank Account – Format

Application for Closing Account - Format

Do you hold a bank account that is either inactive or that you are unable to keep up with? It’s not complicated to close your account; all you need to do is write the manager a request letter. For your convenience and comprehension, we are providing the format for the application for Closing Bank Account.

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Why should I Close a Bank Account?

Different people may have different motives for closing a bank account. The most frequent causes include inadequate service or response, excessive fees, use of online services, etc. Other reasons can be that you can’t keep up with the account or need the money, or just want to open a new account.

Another situation can be that the bank may shut your account if it has been dormant for a very long time, if it has had zero balance for an extended length of time if there have been too many bounced checks or overdrafts, or if identity theft has occurred, etc.

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What Documents will you Require to Close a Bank Account?

To terminate a bank account, you must provide certain items to the bank that are highly significant. For instance,

  • Account Number in a bank.
  • Name of the account holder.
  • The account holder’s signature.
  • Original bank account passbook.
  • Paycheck Book (If Issue).
  • An ATM Card (If Issue).
  • Identify Evidence (Ex. Aadhar Card, Pan Card, Voter ID Card, Driving License).
  • The Address Is (Ex. Aadhar Card, Voter ID Card)

With the aforementioned items in hand, you should be able to shut your bank account without incident if you visit your local branch of the bank. You could have to pay it, though, as many banks may impose “account closing costs.”

Format of a Letter in order to Close a Bank Account

You must submit a letter to the bank manager each time you want to open or close a bank account outlining your motives. Here are some sample letters to assist you.

Format of an Account Closing Letter

The Branch Manager

Name of the Bank

Bank Address

Sir/ Ma’am,

Body of the letter

Thanking you

Yours faithfully,

Signature of the Account Holder

Name of the Account Holder

  • Account Holder’s Name: [Your Full Name]
  • Account Number: [Your Account Number]
  • Account Type: [Savings/Current/Other]

I would like to request a written confirmation of the account closure once the process is completed. Kindly provide me with an official statement stating that the account has been closed, along with a zero balance verification. Should you require any further information or documentation from my end to expedite the account closure process, please do not hesitate to contact me via the contact details provided below.

Thank you for your attention to this matter. I look forward to your prompt action and the closure of my bank account. I appreciate your cooperation throughout this process.

Yours Sincerely.

Sample 2: Simple Bank Account Close Application Letter

To The Manager Name of the Bank Name of the Branch Address of the Branch

Sub: Application to close bank account

Dear Sir/Madam,

My bank’s savings account number is XXXXXXX. I’m now unable to keep this account going. Therefore, I respectfully ask that you terminate the account and credit the money to my cash or debit card.

Thanking you,

Sample 3 – Bank Account Close Application

To The Bank Manager, Bank Name, Branch Name, City.

Subject: Closing of Bank Account-A/C-XXXXXXX

Respected Sir/Madam,

With due respect, I Beg to say that I hold a savings account in your branch and I want to close this account due to some personal reasons with immediate effect. Details of the account are as under –

  • Account Holder Name –
  • Account No – XXXXXXXX
  • IFSC code – XXXXXX
  • Current Balance – Rs. XXXXX.XX

Kindly close my above-mentioned account and hand over the balance amount in cash. I will be thankful to you.

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Sample 4 – Bank Account Close Application Letter

To The Manager, Bank Name, Branch Name, (Full postal address of the branch) Date-

Subject- Closing of Savings / Current Bank Account

I humbly request that I have been an account holder with ______ (Account Holder Name) in your bank for some years. For some reason, I want to close my bank account. My account number is _____ (Bank Account Number) and my ATM number is ____ (ATM Number).

Therefore, you are requested to kindly close my account and return my outstanding amount to me. I will always be grateful to you. Your kind co-operation in this regard will be highly appreciated.

Thanking you.

Yours truly, Name- Address – Mobile No- Email ID-

Sample 5 – Application For Closing Bank Account

To The Branch Manager, Name of the Branch, Address of the Branch (example: Bigoram, Kolkata, 700386)

Subject: Request for pre-closing ongoing recurring deposit (RD) account

My savings account no. is XXXXXXXXXX and RD account no. is XXXXXXXXXX in your bank. Due to some unavoidable reasons, I’m not able to continue the RD payment.

So you are requested kindly to pre-close the RD account before the maturity period and deposit the so far amount from RD to my savings account.

Yours sincerely, Signature – Name – Mobile No –

FAQs on Application For Closing Bank Account Letter

Question 1 – Is it required to write a letter to close a bank account?

Answer: Writing a letter to the manager and asking him to permanently shut your account is a simple and safe method.

Question 2 – How long is the time frame for closing a bank account?

Answer: It entirely depends on your bank, to be honest. You can ask the bank manager to finish this task as quickly as feasible. But it only takes five to 10 days at most.

Question 3: Can a bank account be closed online?

Answer: Either yes, no, or both are acceptable answers to this question. Due to the fact that some banks in India allow you to close your bank account online while others do not.

Bank account closure is much simpler than you would imagine. You can attempt to develop your own application using the aforementioned examples as a guide.

sample application letter for closing company bank account

Shibani Ghosh

Pouring out my thoughts through words!

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sample application letter for closing company bank account

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Bank Account Closing Letter | Format, Sample and How to Write a Bank Account Closing letter?

February 9, 2024 by Veerendra

Bank Account Closing Letter: To close the account in a bank it is necessary to write the official letter to the bank manager. The reason for closing the bank account should be mentioned in the letter very clearly. Also, all the details related to your bank account such as Account number, Branch code, Full name, etc., should be mentioned in the application letter.

If you are searching for the application for shutting financial balance letter OR are you looking for the best examples of ledger close application then you have gone to the opportune spot. To close a financial balance there is no hard cycle. It is a simple cycle.

Get Other Types of  Letter Writing  like Formal, Informal and Different Types of Letter Writing Samples.

Bank Account Closing Letter Format and Samples

You need to compose an application to the bank office administrator to close your record and you need to connect your checkbook, passbook and ATM card alongside this application. You can likewise move the financial balance to another branch without shutting it. For the most part, the bank will take around 5 to 10 days to close it.

If any application is composed without help from anyone else, at that point it is consistently a decent practice however because of the absence of time, It isn’t feasible for us to compose an expert application. In this way, just to save your time we have made a few examples of ledger shutting letters for you which will make your work simpler.

Probably the most widely recognized reasons that account holders generally close their ledgers, for example, individual reasons, moving to different nations, impolite bank representatives, untrustworthy financial frameworks, a high premium on credits or internet banking issues.

In this article, we are going to discuss how to write the bank account closing letter in a proper format. People who do not know how to write a closing letter, need not worry about it. Read the complete article here and get to know how to write such letters.

Bank Account Closing Letter Format

The format of the bank account closing letter should include the below-given details:

  • Addressing the Branch manager
  • Name and address of the bank
  • Subject line
  • Salutation (Sir/Madam)
  • Body of the letter
  • Closing with yours Sincerely, truly, etc.
  • Name and Signature
To

The Branch Manager

[Name of the bank]

City, State, Pincode

Date:

Subject:

Sir/Madam,

[Body of the letter]

Paragraph 1 —————————————————————————————————

Paragraph 2 —————————————————————————————————

Paragraph 3 —————————————————————————————————

Thanking you

Yours Sincerely,

Signature

Your Name

Samples of Bank Account Closing Account

To,

The Branch Manager

State Bank of India

Bangalore, Karnataka

Pin- 560028

Date: 19Jan, 2021

Subject – Application for Closing the Bank Account

Sir/Madam,

I hold Account No. 2039029302 with your Branch and presently I am not able to maintain this account due to some personal issues. I request you to please close my saving account and do not proceed with any transactions. I will be returning my passbook, cheque-book, cards along with my application.

Kindly close my bank account and transfer the balance amount in the below-mentioned account details. It would be highly appreciable if you do the needful to initiate the process as soon as possible.

Bank Account Number – 209485945

IFSC Code – KKBK0000245

Thanking You

Yours Sincerely

Manoj Tiwari

Account Number:

How to Write a Bank Account Closing letter?

To,

The Manager,

State Bank of India,

Branch Name:

City:

State:

Pincode:

Sub: Closure of Savings Bank Account No.

Sir/Madam,

I have opened a savings bank account here 10 years ago. My account number is [_________]. Since I am shifting to another city and would not be able to maintain my account, therefore I would like to close my bank account.

Kindly stop the transactions with this account and transfer the balance to another bank account, for which details are provided below.

Account number: [______]

IFSC Code: [______]

Thanking you

Yours faithfully,

Pooja Sharma

Account number:

Address:

Signature:

You can read also Bank Statement Request Letter

Important Points to Remember

Check your bank balance: This is the most important venture prior to shutting your financial balance. Do you have a critical equilibrium in your record?

Transfer or withdraw the amount: You can think about moving the cash to another record or pulling out the cash. Moving electronically is the most issue-free methodology and takes not exactly a day ordinarily. Nonetheless, in certain conditions, you may consider pulling out it physically. This is a more conventional method of doing.

Close the account: After moving all your cash, you would now be able to compose an application letter to close your record. Remember to request a composed record from your bank.

Destroy your cards and Cheques: It is smarter to demolish your charge cards and checks at this stage. This will additionally help your security ensured. Frequently banks request to restore your charge cards and checks alongside your application letter. You can likewise adhere to the directions referenced in your client mindfulness booklet.

FAQ’s on Bank Account Closing Letter

Question 1. Whom should we write the bank account closing letter?

Answer: The bank account closing letter or application should be addressed to the bank manager.

Question 2. How much time does it take to close the bank account?

Answer: It takes around three working dates to close a bank account after the application is submitted to the bank manager.

Question 3. How to write a letter to close a bank account?

Answer: Write the letter to the bank manager, with the address and branch name of the bank. Start the letter with a salutation (Sir/Madam) and mention the reason for closing the bank account. Request to transfer the balance to the bank account. Mention your name, account number, signature at the end of the letter.

Question 4. What documents are required to close a bank account?

Answer: Bank passbook and a photo ID proof.

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11 Sample of Application For Closing Bank Account

Sometimes you have to close your bank account for various reasons. You need to draft an application for closing your bank account properly. Along with it, you need to attach a few important documents as well. This article let us learn how to write an application for closing a bank account, the guidelines to be followed and a few sample letters to understand the topic in depth. So, see below 11 easy samples of application for closing bank account.

Table of Contents

Format Of Bank Account Closing Application:

You need to compose an application to the bank office administrator to close your record and you need to connect your checkbook, passbook, and ATM card alongside this application. You can likewise move the financial balance to another branch without shutting it. For the most part, the bank will take around 5 to 10 days to close it.

If any application is composed without help from anyone else, at that point it is consistently a decent practice however because of the absence of time, It isn’t feasible for us to compose an expert application. In this way, just to save you time we have made a few examples of ledger shutting letters for you which will make your work simpler.

Probably the most widely recognized reasons that account holders generally close their ledgers, for example, individual reasons, moving to different nations, impolite bank representatives, untrustworthy financial frameworks, a high premium on credits, or Internet banking issues.

In this article, we are going to discuss how to write a bank account closing letter in a proper format. People who do not know how to write a closing letter, need not worry about it. Read the complete article here and get to know how to write such letters.

Bank Account Closing Letter Format:

The format of the bank account closing letter should include the below-given details:

  • Addressing the Branch manager
  • Name and address of the bank
  • Subject line
  • Salutation (Sir/Madam)
  • Body of the letter
  • Closing with yours Sincerely, truly, etc.
  • Name and Signature

To, The Manager, [Name Of The Bank], [Name Of The Branch], [Branch Address]

Subject: Application For Closing Bank Account

Respected Sir/Madam,

With due respect, I Beg to say that I hold a savings account in your branch and I want to close this account due to some personal reasons with immediate effect. Details of the account are as under –

  • Account Holder Name:
  • Account No:
  • Current Balance:

Kindly close my above-mentioned account and hand over the balance amount in cash. I will be thankful to you.

Yours Faithfully,

Name:  [Your Name] Account No.: Address: Mobile no:

Your signature

Download Application In MS Word File

sample application letter for closing company bank account

Dear Sir/Madam,

I am [Your Name] , and I would like to close my bank account for account number XXXXXXXX with your bank. The account has been inactive for some time now, and I no longer have any use for it.

I would appreciate it if you could process my request to close my account as soon as possible. I have attached all the necessary documents that are needed to close the account.

Thank you for your time and attention.

I humbly request that I be an account holder with [Account Holder Name] in your bank for some years. For some reason, I want to close my bank account. My account number is _____ (Bank Account Number) and my ATM number is ____ (ATM Number).

Therefore, you are requested to kindly close my account and return my outstanding amount to me. I will always be grateful to you. Your kind co-operation in this regard will be highly appreciated.

Thanking you.

I, [Your Name], have a savings account with the account number [Your Account Number] at your branch. Due to a personal move to another city, I would like to close this account and withdraw the balance amount. I request you to expedite the process as I will be relocating soon.

Enclosed are the bank passbook, identification, and address proof for your reference.

Thank you for your assistance.

Yours sincerely,

I am [Your Name] , and I hold a Current Account in your bank. I have not been able to maintain the account for a few months now due to some personal reasons, so I would like to close the account. I am enclosing the account passbook along with this letter. Kindly do the needful and initiate the closing process as soon as possible.

Yours faithfully,

I am writing this letter to formally request the closure of my bank account with [Bank Name]. After careful consideration and evaluation of my financial requirements, I have decided to discontinue my banking services with your esteemed institution.

I kindly request your assistance in initiating the necessary procedures to close my account as per the policies and guidelines. Below are the details of my bank account:

  • Account Holder’s Name: [Your Full Name]
  • Account Number: [Your Account Number]
  • Account Type: [Savings/Current/Other]

I would like to request a written confirmation of the account closure once the process is completed. Kindly provide me with an official statement stating that the account has been closed, along with a zero balance verification. Should you require any further information or documentation from my end to expedite the account closure process, please do not hesitate to contact me via the contact details provided below.

Thank you for your attention to this matter. I look forward to your prompt action and the closure of my bank account. I appreciate your cooperation throughout this process.

Yours Sincerely.

I hold an account with the account number [Your Account Number] at your bank. I have been relocated to another city, and so I need to close the account as it would be inconvenient to manage it from afar. Please clear all pending transactions and transfer the remaining balance to my other account (Account number: [Your Other Account Number]).

Thank you in advance.

I, [Your Name], hold a Savings Account in your bank. Due to some personal circumstances, I am unable to maintain the account and would like to close it. Please find the account passbook enclosed with this letter. I request you to initiate the account closure process at the earliest.

Thank you for your cooperation.

My bank’s savings account number is XXXXXXX. I’m now unable to keep this account going. Therefore, I respectfully ask that you terminate the account and credit the money to my cash or debit card.

Thanking you,

Yours sincerely

I hold Account No. XXXXXXXX with your Branch and presently I am not able to maintain this account due to some personal issues. I request you to please close my savings account and not proceed with any transactions. I will be returning my passbook, checkbook, and cards along with my application.

Kindly close my bank account and transfer the balance amount to the below-mentioned account details. It would be highly appreciable if you do the needful to initiate the process as soon as possible.

Thanking You

Yours Sincerely

Dear Sir / Madam,

I would like to request you to please close my savings bank account with your bank. The account number is XXXXXXXXX. This request is because I am no longer using this account, and it has been inactive for some time.

I would appreciate it if you could process this request as soon as possible. Please let me know if you need any further information from me.

same bank existing bank account saving bank account kindly transfer bank account to another account to another branch bank branch bank account transfer bank account transfer letter bank account transfer application application for bank account

Q. How do I write a letter to close my bank account?

A. You have to address the letter to the branch manager of the respective bank. Start with the correct address of the bank, subject, salutation, body of the letter stating the reason for the closure of the bank account, complimentary closing, signature, and name. Make sure you provide the exact account number and other details necessary accurately.

Q. How can I close my bank account permanently?

A. To close your bank account permanently, you have to visit the bank and enquire about the process of closing a bank account and then write a letter to the branch manager providing the reasons for closing the account. Also, provide the required documents for proof and verification.

Q. Is it required to write a letter to close a bank account?

A. Writing a letter to the manager and asking him to permanently shut your account is a simple and safe method.

Q. How long is the time frame for closing a bank account?

A. It entirely depends on your bank, to be honest. You can ask the bank manager to finish this task as quickly as feasible. But it only takes five to 10 days at most.

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Letter For Closing Bank Account: Check Format and Samples

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Imagine you just opened a bank account to avail of online banking services. You are excited to use your bank account to make online payments but you realize that online shopping makes you vulnerable to hackers and online frauds. What would you do in such a case? You probably want to close your bank account. However, there is a formal process to do so. You must write a letter to close the bank account to the bank manager.

Writing a letter to close a bank account is quite common these days. In such letters, you are required to mention details like the reason for closing your bank account, your name, address, contact details, parents’ name, and banking details. Let’s discuss how you can perfectly write a letter for closing a bank account to your bank manager.

Table of Content

Format Letter for Closing Bank Account

Letter for closing bank account: sample 1, letter for closing bank account: sample 2, reasons for closing bank account.

Here is a format letter for closing the bank account. Make sure you understand the entire format before writing a letter for closing a bank account.

[Your Name]

[Your Address]

[City, State, Zip Code]

[Your Phone Number]

[Date]

[Bank Name]

[Bank Address]

[City, State, Zip Code]

Dear Sir/Madam,

Subject: Request for Closure of Bank Account

I am writing to formally request the closure of my bank account [Account Number: XXXXXXXX] held with [Bank Name]. [cite the reason for closing your bank account].

I kindly request you process the closure of the aforementioned account at your earliest convenience. Please find enclosed [if applicable, state any additional documents required for closure, such as unused checks, debit cards, or identity verification documents].

I would appreciate it if you could confirm the closure of the account in writing and provide a final statement reflecting a zero balance. Additionally, I request you terminate any associated services, including automatic payments or direct deposits linked to this account.

I would like to take this opportunity to thank you for the services provided during my tenure as a customer of [Bank Name].

Should you require any further information or documentation from my end to facilitate the closure process, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address].

Thank you for your prompt attention to this matter.

Sincerely,

[Your Name]

Sanjana Kashyap

B-32, Tower 2, ATS Advantage,

Indirapuram, Gaziabad

Uttar Pradesh – 201014

+91- 11111-22222

21-Feb-2024

State Bank of India

22-C, Vaibhav Khand III, Opposite to Shipra Mall,

Indirapuram, Ghaziabad

Uttar Pradesh – 201014

Dear Sir/Madam,

Subject: Request for Closure of Bank Account Due to Security Concerns

I am writing to formally request the closure of my bank account [Account Number: XXXXXXXX] held with the State Bank of India due to significant security concerns.

In the past couple of weeks, there have been many cases of online fraud, scams and security breaches. These concerns have alarmed me and I receive so many unnecessary emails, SMS and useless offers, where they ask for my banking and personal details.

In light of these security issues, I believe it is in my best interest to close the aforementioned account to safeguard my financial assets and personal information from further risk. As a responsible account holder, I am taking proactive measures to mitigate potential losses and protect my privacy.

I kindly request you to expedite the closure process of my account and provide confirmation of closure in writing. Additionally, I request you terminate any associated services, deactivate any linked cards, and ensure that no further transactions can be processed on this account.

I appreciate your prompt attention to this matter and your cooperation in ensuring the security of my banking affairs. Should you require any further information or documentation from my end to facilitate the closure process, please do not hesitate to contact me at XXXXX-XXXXX.

Thank you for your understanding and assistance in resolving this urgent matter.

Sincerely,

Sanjana Kashyap

Rajeev Sharma

House No. 25, Sector 4,

RK Puram, New Delhi

30-January-2024

Axis Bank, A-19,

Sector 4, RK Puram,

New Delhi

Dear Sir/Madam,

Subject: Request for Closure of Bank Account Due to Lost/Stolen Documents

I am writing to inform you of an unfortunate incident regarding the loss/theft of important banking documents associated with my account [Account Number: XXXXXXXX] held with Axis Bank.

Regrettably, I have recently discovered that while I was having lunch with my friend at a restaurant, I dropped my wallet somewhere and all my important documents were lost. As a result of this incident, I am concerned about the security of my account and the potential risk of unauthorised access or fraudulent activity.

In light of these circumstances and to mitigate any potential risks to my financial assets and personal information, I am requesting the immediate closure of the aforementioned bank account. I kindly ask you to expedite the closure process and take the necessary steps to ensure the security of my account during this transition period.

I request the transfer of any remaining funds in the account to my new bank account at Yes Bank or the issuance of a check payable to Rajeev Sharma for the remaining balance. Please ensure that all outstanding fees or charges associated with this account are settled before closure.

If there is any further requirement for verification and documentation for successfully closing my bank account, I am prepared to provide any additional information necessary to facilitate the closure process. Here is my contact number in case you need any further details or clarification: XXXXX-XXXXX.

Thank you for your prompt attention to this matter and your cooperation in ensuring the security of my banking affairs during this challenging time.

Sincerely,

[Your Name]

There can be several reasons for closing a bank account. When writing a letter to your bank manager to close your account or address any other issue, it is very important to highlight the purpose and what has led to the purpose in your letter. Here are some of the popular reasons that can be used for writing a letter to close your bank account.

1. Switching Banks

Sometimes we close our accounts because we’re switching to a different bank for various reasons such as better interest rates, lower fees, better customer service, or more convenient locations.

2. Relocation

When we are moving to a different city, state, or country where our current bank doesn’t have branches or services, we might choose to close our account and open one with a more accessible institution.

3. Dissatisfaction with Services

As customers, we are often dissatisfied with the banking services, unexpected fees, or dissatisfaction with the bank’s policies or practices can lead us to close our accounts and move our money elsewhere.

4. Financial Reasons

If we are faced with any financial issues, we might close our accounts to avoid fees that we can’t afford or to prevent creditors from accessing our funds.

5. Death of the Account Holder

In the event of the account holder’s death, their estate may close their accounts and distribute the funds according to their will or legal requirements.

6. Security Concerns

Security concerns is one of the popular reasons for closing bank account (s). Instances of fraud, identity theft, or unauthorized access to an account can prompt us to close our accounts to protect our finances and personal information.

7. Changes in Financial Goals

Developments like starting a business, getting married, or having children might prompt us to reassess our financial goals and banking needs, leading us to close our current accounts and open new ones that better align with our objectives.

8. Consolidation

Some people might choose to consolidate their banking relationships by closing accounts they no longer use or need, simplifying their financial management.

9. Legal Reasons

Legal reasons like court orders, divorce settlements, or other legal obligations might require us to close or divide joint accounts.

This was all about how to write a letter for closing a bank account. We hope the above-listed format and sample letters will help you understand the letter-writing process. For more information on such informative articles, visit GeeksforGeeks.

Letter for Closing Bank Account- FAQs

What is the purpose of writing a letter to bank manager.

The purpose of writing a letter to your bank manager is to address an issue related to your bank account. It can be any type of issue, such as fraudulent action, security breach, fake calls, etc.

How to write a letter for closing a bank account?

Dear Sir/Madam, Subject: Request for Closure of Bank Account Due to Security Concerns I am writing to formally request the closure of my bank account [Account Number: XXXXXXXX] held with the State Bank of India due to significant security concerns.

What is a format letter for closing a bank account?

Dear Sir/Madam, Subject: Request for Closure of Bank Account I am writing to formally request the closure of my bank account [Account Number: XXXXXXXX] held with [Bank Name]. [cite the reason for closing your bank account].

What details are required to close a bank account?

Your name, address, contact details, bank account number, bank’s name, IFSC Code, reason for closing your bank account, etc.

What is the purpose of letter writing?

Letter writing is an important part of academic and professional writing. Academic writing involves writing engaging letters where students are required to express their thoughts, ideas and experiences on a given topic. Profession letters are utilized to make formal requests. Whether it’s requesting information, action, or cooperation, a well-written letter can effectively communicate the request and its rationale.

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Application For Closing Bank Account – Letter Format & 15+ Samples

application for closing bank account

If you’re in need of some  Application For Closing Bank Account examples, or looking for Bank Account closing Letter Format?  then you’ve come to the right place!

This comprehensive guide offers everything you need to know about writing a bank account closure application letter, plus 15+ samples to help you get started.

So, lets get started..

Table of Contents

Application for closing bank account in english

To, The Bank Manager [Bank name] [Branch name] [Name of city/vill]

Date : day/month/year

Subject: Application to close bank account.

Respected sir/madam,

This is to draw your kind attention that I have been holding a savings account in your esteemed bank for many years. Due to some inevitable circumstances, I will not be able to continue with the current account.

My bank details are cited below: [Name]  [Account number] [IFSC Code] [Registered mobile number]

I therefore request you to close my current account and credit the money to me in cash at the earliest possible. Your promptness in this regard will be highly appreciated.

Thanking you

Yours faithfully [Signature] [Address with pin code]

Simple bank account closing application request letter

Subject : Letter requesting bank account closure.

I hold a savings account in your bank, __ (branch name) branch. My account number is __ (your account number) . I wish to close my account since I do not require it anymore. I am handing over my bank ATM card, cheque book and passbook along with this letter.

I therefore request you humbly to do the needful and close this savings account and hand over the remaining balance to me in cash. I will be ever grateful to you for this act of benevolence.

Yours sincerely [Signature] [Address with pincode] [Contact details]

Also Read: Application for bank statement for 6/3 months

Application for closing bank account due to death

Subject : Application for closing bank account due to death.

I am writing this letter with the intention to inform you that my father and I hold a joint account in your bank, __ (branch name) branch. With a heavy heart I wish to convey that my father Mr. Rajiv Verma has recently expired. I want you to close the savings account and transfer the money to my new account. 

Old bank account details:  [Name ] [Account number] [Account type] [IFSC code]

New bank account details :  [Name ] [Account number] [Account type] [IFSC code]

Kindly consider the matter and do the needful at the earliest possible for which I shall be grateful to you

Yours sincerely [Signature] [Phone no]

Application for closing current bank account

Date: day/month/year

Subject: Application for the closure of current bank account.

Respected sir/madam

With due respect and humble submission I seek to state to you that I am holding a current account in your reputed bank, __ (branch name) branch under the name __ (your name).

I am unable to operate this account anymore and I want you to close the account with immediate effect and hand the money to me in cash.

Kindly act with promptness in this regard for which I shall be very thankful to you.

Thanking you [Name] [Account number] [IFSC code] [Registered phone number] [Email id]

Application for closing bank account due to death of husband

Subject : Application for closing bank account due to death of husband

My husband Rakesh Singh has held a savings account in your esteemed bank since 2018.

Due to his demise very recently, I want you to close his account and credit the balance into my account.

The bank details are mentioned below [Name]  [Account number] [IFSC Code] [Registered mobile number]

I hope that you look into the matter earnestly and do the needful at the earliest possible.

I shall be grateful to you for this act of kindness.

Yours sincerely [Name] [Signature] [Address with pin code] [Contact number]

Indusind bank account closing letter format

To, The Bank Manager Indusland Bank [Branch name] [Name of city/vill]

Subject : Request letter for closing bank account.

I am Leela Jain, an account holder in your esteemed bank for a few years now. My account number is __ (your account number) . Due to some personal reasons I will not be able to carry on with the current account. Hence, I would like you to kindly close the account and hand me the balance in cash.

I therefore request you to do the needful as soon as possible. My convenience through your cooperation will be highly appreciated.

Yours sincerely  [Signature] [Contact details] [Address with pin code]

HDFC bank account closing letter format

To, The Bank Manager HDFC Bank [Branch name] [Name of city/vill]

Date :  day/month/year

Subject: Letter requesting the closure of bank account.

With reference to the subject cited above I wish to draw your kind attention to the fact that I am an account holder of your esteemed bank, __ (branch name) branch. Due to some issues I am unable to maintain the account. I urge you to kindly stop the transactions and close the bank account. Also please transfer the available balance to my new account.

Old bank account details: [Name ] [Account number] [IFSC code] [Registered mobile number]

New bank account  details [Name ] [Account number] [IFSC code]

The consideration of this letter at the earliest will be highly appreciated.

Yours faithfully [Signature] [Contact details]

Corporation bank account closing letter format

To, The Bank Manager Corporation Bank [Branch name] [Name of city/vill]

Subject: Request letter for bank account closure.

With due respect I would like to bring it into your notice that I am an account holder of your esteemed bank. My account number is __ (your account number) . 

Therefore you are humbly requested to kindly close my savings account and stop the transactions. Also I would like the account balance to be handed over to me in cash.

Your eagerness in this cause shall be highly appreciated.

Yours faithfully  [Signature] [Address with pin code] [Account number]

Application for closing bank account and transfer money to another account

Subject : Application for the closing of bank account.

With reference to the subject cited above I wish to state to you that I am an account holder of your esteemed bank. My account number is __( your account number). I am shifting permanently to another city and I wish to close my account as I have recently opened a new one in a different branch.Kindly close my account and transfer the available balance to my new account.  

New bank account details:  [Name ] [Account number] [Account type] [IFSC code]

I therefore request you to kindly look at the matter at the earliest possible and consider this as a matter of urgency. I shall always be grateful to you for your promptness in this regard.

Yours faithfully [signature] [Address with pin code]

Application for closing bank account in SBI 

To, The Bank Manager State Bank Of India [Branch name] [Name of city/vill]

Subject: Application letter requesting to close bank account.

My account number is ___ (your account number) .I have been holding a savings account in your esteemed bank for the last few years. Due to some inescapable circumstances, I am unable to operate the account. I request you to close the account and stop the transactions.

Your promptness in this matter will be highly appreciated.

Yours sincerely, [Signature] [Address with pin code] [Contact details]

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Golam Md is the founder of Applicationloop.in, a blog that is exclusively dedicated to providing helpful tips, Samples and advice on writing effective application letters.

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Home » Letters » Bank Letters » Request Letter to Close Current Bank Account – Sample Letter to Bank Requesting Closure of Current Bank Account and Transfer Funds

Request Letter to Close Current Bank Account – Sample Letter to Bank Requesting Closure of Current Bank Account and Transfer Funds

sample application letter for closing company bank account

Table of Contents:

  • Sample Letter

Live Editing Assistance

How to use live assistant, additional template options, download options, share via email, share via whatsapp, copy to clipboard, print letter, sample request letter to close current bank account.

To, The Branch Manager, ______________ (Name of the Bank) ______________ (Address of the Branch)

Date: __/__/_____ (Date)

Subject: Request to close current bank account and transfer funds

Respected sir/madam,

With due respect, I would like to inform you that my name is ____________ (mention name) having a current account ____________ (account number) in your ____________ (location) branch.

I am writing this letter to request you to kindly close the above-mentioned current bank account bearing account number ____________ (account number) and transfer the funds to the account ______________ (mention the account number).

As per the requirements, I have already attached the necessary forms/self–attested documents/application/transfer cheque/other for the verification process. I request you to process my request at the earliest to avoid any further inconvenience. If you wish to contact me regarding the same, you can contact me at ______________ (contact details)

Thank you for your valuable time. I would be highly obliged if you can process my request at the earliest.

Regards, ______________ (Signature), ______________ (Your Name), ______________ (Account number), ______________ (Contact details)

Live Preview

The Live Assistant feature is represented by a real-time preview functionality. Here’s how to use it:

  • Start Typing: Enter your letter content in the "Letter Input" textarea.
  • Live Preview: As you type, the content of your letter will be displayed in the "Live Preview" section below the textarea. This feature converts newline characters in the textarea into <br> tags in HTML for better readability.

The letter writing editor allows you to start with predefined templates for drafting your letters:

  • Choose a Template: Click one of the template buttons ("Start with Sample Template 1", "Start with Sample Template 2", or "Start with Sample Template 3").
  • Auto-Fill Textarea: The chosen template's content will automatically fill the textarea, which you can then modify or use as is.

Click the "Download Letter" button after composing your letter. This triggers a download of a file containing the content of your letter.

Click the "Share via Email" button after composing your letter. Your default email client will open a new message window with the subject "Sharing My Draft Letter" and the content of your letter in the body.

Click the "Share via WhatsApp" button after you've composed your letter. Your default browser will open a new tab prompting you to send the letter as a message to a contact on WhatsApp.

If you want to copy the text of your letter to the clipboard:

  • Copy to Clipboard: Click the "Copy to Clipboard" button after composing your letter.
  • Paste Anywhere: You can then paste the copied text anywhere you need, such as into another application or document.

For printing the letter directly from the browser:

  • Print Letter: Click the "Print Letter" button after composing your letter.
  • Print Preview: A new browser window will open showing your letter formatted for printing.
  • Print: Use the print dialog in the browser to complete printing.
  • Include necessary forms, self-attested documents, application for account closure, or transfer cheques as required by the bank.
  • Provide accurate account details, complete required forms, and follow the bank's procedures for account closure and fund transfer.
  • No, it's not mandatory, but you may mention it briefly if you wish.
  • Clearly specify the account number you want to close and provide details of the account where you want the funds transferred.
  • The processing time may vary, but banks usually aim to complete such requests within a reasonable timeframe, often within a few business days.

Incoming Search Terms:

  • Letter to bank for fund transfer
  • Bank account close application

By Rahul Sharma

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Application Letter for Closing Bank Account with Format and Samples

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Table of Contents

Writing a bank account closing letter is a formal way to request your bank to close your account. It’s important to clearly state your account details, the reason for closing the account, and any specific instructions regarding the remaining balance. This letter should be concise yet complete, ensuring that all necessary information is provided to avoid any delays. It’s also a good practice to mention your contact information for any further communication needed during the process. Remember, a well-written bank account closing letter can make the account closing process smooth and efficient.

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How to Write Bank Account Closing Letter

Writing a bank account closing letter is simple. Follow these steps:

  • Start with Your Details : Write your name, address, and the date at the top of the letter.
  • Bank’s Details : Add the bank’s name and address.
  • Subject Line : Clearly state the purpose of your letter, like “Request for Bank Account Closure.”
  • Introduction : Begin by mentioning your account details (account number, account type).
  • Request for Closure : Clearly state that you want to close your account.
  • Reason for Closure : Briefly mention why you are closing the account (optional).
  • Instructions for Remaining Balance : Provide instructions on what to do with any remaining balance in the account, like transferring it to another account.
  • Contact Information : Include your phone number or email for contact.
  • Closing : Politely end the letter with “Sincerely” or “Regards,” followed by your signature and printed name.
  • Enclosures : If you are enclosing any documents (like chequebook, debit card), mention them.

How to Write Application Letter

Bank Account Closing Letter Format

This format is also suitable as bank account closing letter word format

(Your Full Name) (Your Address) (City, State, Zip Code) (Date)

(Bank’s Name) (Bank’s Address) (City, State, Zip Code)

Subject: Request for Closure of Bank Account

Dear [Bank Manager’s Name/Bank’s Name],

I am writing to request the closure of my bank account with your institution. My account details are as follows:

Account Name: [Your Full Name] Account Number: [Your Account Number] Type of Account: [Savings/Checking] I have decided to close this account for [briefly state reason, if comfortable doing so]. Please process the closure and transfer any remaining balance to my account at [Name of New Bank] with account number [New Account Number]. Alternatively, you may issue a check for the remaining balance payable to my name.

I have attached any bank-related items (like a chequebook or debit card) for your disposal. Please confirm the closure of my account through [your email address] or [your phone number].

Thank you for attending to this request promptly.

(Your Signature) (Your Name)

Letter to Editor Format

Take free test

Bank Account Closing Letter Samples

Application for closing bank account letter.

Your Name Your Address City, State, Zip Date

Bank’s Name Bank’s Address City, State, Zip

Subject: Request for Bank Account Closure

Dear (Bank’s Name/Branch Manager),

I am writing to request the closure of my bank account with the account number (Your Account Number) at your branch. I have decided to close this account for personal reasons.

Please proceed with the closure of my bank account as soon as possible. If there are any funds remaining in the account, kindly (transfer them to another account or send me a check) as per my instructions.

(Optional: I have included all necessary documents with this letter.)

I would appreciate a confirmation of the account closure. For any further information or queries, please contact me at (Your Phone Number) or (Your Email Address).

Thank you for your assistance.

Also Check: Application for Bank Statement

Account Closing Letter for Bank

Subject: Request for Account Closure

I am writing to ask for the closing of my bank account with the number (Your Account Number) at your branch. I have decided to close this account (you can add your reason here if you want, like moving to a new place or having another account).

Please close my account soon. If there is any money left in the account, I would like it to be (sent to another account, given as a check, or however you prefer to receive the balance).

(If you have attached any documents, mention them here. For example, “I have attached my passbook and debit card for your reference.”)

Please let me know when my account is closed and send me any documents that confirm this. If you need more information, you can call me at (Your Phone Number) or email me at (Your Email Address).

Thank you for your help with this.

Yours sincerely,

Also Check: Application for Closing Bank Statement

Take free test

Letter to Bank Manager for Closing Account

Bank Manager’s Name Bank’s Name Bank’s Address City, State, Zip

Dear (Bank Manager’s Name),

I am writing to request the closure of my bank account (Your Account Number) with (Bank’s Name).

I have decided to close this account for personal reasons. Please process this request at your earliest convenience. If there are any funds remaining in my account, kindly arrange to transfer them to my other account or issue a cheque for the same.

Please let me know if you need any further information or actions from my side to complete this process.

Also Check: Application for ATM Card

Bank Account Closing Letter in English

I am writing to request the closure of my bank account with the number (Your Account Number) at your branch. I have decided to close this account for personal reasons.

Please process the closure of my account promptly. If there are any funds remaining in the account, I would like them to be (choose one: transferred to another account, mailed to me as a check, or state another preference).

Please confirm the closure of my account and send me any relevant documents as confirmation. For any further information or clarification, you can reach me at (Your Phone Number) or (Your Email Address).

Thank you for your attention to this matter.

Also Check: Complaint Letter

Bank Account Closing Letter in Tamil

உங்கள் பெயர் உங்கள் முகவரி நகரம், மாநிலம், அஞ்சல் குறியீடு தேதி

வங்கியின் பெயர் வங்கியின் முகவரி நகரம், மாநிலம், அஞ்சல் குறியீடு

குறிப்பு: வங்கிக் கணக்கை மூடும் கோரிக்கை

அன்புள்ள (வங்கியின் பெயர்/மேலாளர்),

நான் எனது வங்கிக் கணக்கு (உங்கள் கணக்கு எண்) மூடுவதற்கான கோரிக்கையை இந்த கடிதத்தில் முன்வைக்கிறேன். இந்த கணக்கை மூடுவதற்கான காரணம் (உங்கள் காரணம், உதாரணமாக மாற்று இடத்திற்கு மாற்றம், பல கணக்குகள் இருப்பது போன்றவை).

எனது கணக்கில் மீதமுள்ள பணத்தை (மற்றொரு கணக்கிற்கு மாற்றுதல், செக் மூலம் அனுப்புதல் அல்லது உங்கள் விருப்பமான முறை) மூலம் கையாளுமாறு கேட்டுக் கொள்கிறேன்.

எனது கணக்கு மூடப்பட்டது குறித்து உறுதியாக்கும் ஆவணங்களை எனக்கு அனுப்புமாறும், மேலும் தகவல்கள் அல்லது விளக்கங்களுக்கு (உங்கள் தொலைபேசி எண்) அல்லது (உங்கள் மின்னஞ்சல் முகவரி) என்னை அணுகலாம்.

உங்கள் விரைவான கவனத்திற்கு நன்றி.

(உங்கள் கையொப்பம்) (உங்கள் பெயர்)

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Bank Account Closing Letter Reason

When writing a bank account closing letter, it’s common to include a reason for the closure. However, it’s important to note that providing a reason is usually optional and depends on your comfort level and the bank’s policies.

  • Relocation : If you’re moving to a new city or country where your current bank does not have branches.
  • Found Better Services : Switching to another bank that offers better interest rates, lower fees, or more convenient services.
  • Consolidating Accounts : Closing accounts to simplify finances, often when having multiple bank accounts.
  • Dissatisfaction with Service : Experiencing poor customer service or frequent issues with the bank.
  • Minimal Usage : The account is no longer in use or has become redundant.
  • Financial Strategy Change : Changing financial plans or strategies, like investing in different financial instruments.
  • High Fees or Charges : The bank may have high maintenance fees or other charges.
  • Personal or Family Reasons : Personal financial situations like managing a family member’s estate.
  • Business Closure : If it’s a business account and the business is closing down.
  • Death of Account Holder : In the case of joint accounts, if one of the account holders has passed away.

Tips to Write Bank Account Closing Letter

When writing the reason for closing your bank account in your letter, consider these tips for clarity and effectiveness:

  • Be Direct and Clear : State your reason for closing the account straightforwardly. There’s no need for lengthy explanations; a simple, clear statement is enough.
  • Keep it Professional : While it’s important to be honest about your reason, maintain a professional tone. Avoid emotional or overly personal language.
  • Optional Disclosure : Remember, providing a reason is often optional. Only include it if you’re comfortable or if the bank specifically asks for it.
  • Common Reasons : Common reasons include relocating to a place without bank branches, finding better account options elsewhere, consolidating accounts, or dissatisfaction with services or fees.
  • Be Polite : Even if you’re closing the account due to negative reasons, such as poor service, it’s important to remain courteous in your wording.
  • Brief Explanation : If your reason is complex, like closing a business account, a brief explanation can be helpful but keep it concise.
  • Future Correspondence : If you’re open to discussing the matter further or if you’re closing the account due to an unresolved issue, indicate your willingness to talk it over.
  • Finality : Ensure that your wording doesn’t leave room for ambiguity. Make it clear that your decision to close the account is final.
  • Personalize Appropriately : If you had a long-standing relationship with the bank, a brief mention of your positive experiences before stating your reason can be a thoughtful touch.
  • Review and Proofread : Before sending, review your letter to ensure the reason is stated clearly and there are no errors. This helps maintain a professional impression.

FAQs on Bank Account Closing Letter

Is it necessary to close bank account.

It's not always necessary to close a bank account, but it's a good idea if you're not using it. This helps avoid fees or issues with unused accounts.

How many days I can close my bank account?

The time to close a bank account varies by bank. It usually takes a few days to a week, but it's best to check with your specific bank for their timeline.

How do I permanently close my bank account?

To permanently close your bank account, write a letter to your bank or visit a branch. Include your account details and request account closure.

How do I close my bank account notice?

For closing your bank account, give notice by writing a letter to your bank, stating your intention to close the account and providing necessary details.

How do you write a letter to close a bank account?

Write a formal letter to your bank. Include your account information, state your wish to close the account, and provide instructions for any remaining balance.

Can I close a bank account from home?

Yes, many banks allow you to close an account from home, either online, through an app, or by sending a closure request letter via mail.

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Application Letter

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Application For Closing Bank Account Letter

Do you want to close your bank account? If you want to close your bank account, then you are at the right place. Because in this article you will get 6 + Application For Closing Bank Account Letter Format with samples.

I know that you are looking for some bank account closing letter or application samples for this. A person can close his bank account for various reasons, Some common reasons are difficulty in managing multiple accounts, due to some unavoidable circumstances, Due to some personal or financial problems, death of someone in the family or being unable to maintain a minimum balance. That’s why I have given below more than 6+ Bank Account Close Application samples for you.

Bank Account Closing Letter Sample Format In Word, Application For Closing Bank Account Letter

From the sample below, you can choose a sample of your choice and write your own perfect bank account closing letter without any problem.

Bank Account Close Application In English

To The Bank Manager [Bank Name], [Branch Name], [Date].

Subject: Application For Closing Bank Account Letter.

Dear Sir/Madam,

Most respectfully, I am writing this letter to inform you that I am ______ (Account Holder Name), and I hold a Saving Account in your bank. My account number is ______ (Mention Your Account No) & Now I am not interested to continue this account due to some personal financial problem (Here you can mention your own reasons).

Therefore, I would like to request you to close the account and credit the amount to me in cash.

Yours Sincerely, [Your Name], [Your Register Mobile Number], [Your Address].

To The Branch Manager, [Bank Name], [Branch Name], [Date].

Subject: Bank Account Close Application.

Greetings Sir/Madam,

Most respectfully, I want to inform you that I am ________ (Mention Your Name), I have a Saving/Current/Salary account in your bank & Its bearing no is ________ (Mention Your Account Number). As I have multiple bank accounts, I am unable to maintain the minimum balance in this account. That’s why I want to close this account.

Therefore, I request you to close the account permanently and please credit the remaining amount to this bank account [Mention Your Any Other A/c Number].

Yours Truly, [Account Holder Name], [Account Number], [Mobile No], [Address].

Bank Account Closing Letter Sample Format

To, The Bank Manager, [Name of the bank], [Branch Address], [Date].

Subject: Bank Account Closing Letter.

Respected Sir/Madam,

With due respect, I beg to say that I hold a savings account in your branch for the last 5 years and my account no is ___________ [Mention Your Ac Number]. But now I want to close my account for some personal reasons with immediate effect.

The account’s details are shown below – Account Holder Name: Account Number: Account Type: Debit Card No: Linked Mobile No:

Also with this bank account closure letter, I am giving my passbook, chequebook and ATM card. It would be very helpful if you do the needful.

Thanking you in advance.

Yours Faithfully, [Your Name], [Mobile No], [Email ID].

Sample Letter To Close Bank Account And Transfer Funds

To The Manager, [Bank Name], [Bank Address], [dd/mm/yy].

Subject: Letter To Close Bank Account And Transfer Funds.

I am writing this application letter to inform you that, I hold a savings account in your _______ [Mention Your Branch Name] branch & the account number is ___________ [Write Your Account Number]. Now I am not operating this account for a long period of time.

Therefore, I request you to close this account and please transfer my existing funds through the demand draft or transfer it to this bank account – Bank Name: Account Number: IFSC Code:

I will be very grateful to you If you consider my request.

Thank you very much in advance.

Yours faithfully, [Your Name], [Email/Mobile No].

Sample Letter To Close Bank Account For Business

To The Bank Manager, [Bank Name], [Bank Address], [Date].

Subject: Application For Closing Bank Account For Business.

I would like to inform you that my name is _______ [Mention Your Name] and my account number is ________ [Mention Your A/c No]. I had this current bank account at your branch for the last 4 years because of my business.

The business is not doing well at the moment due to various problems. So, I decide that I want to close this bank account & I hope you will help me to do this.

Because of this reason, I request you to process my account closing request and transfer the remaining amount as soon as possible.

I will always be grateful to you in this respect.

Yours sincerely, [Your Name], [Contact Details], [Address].

Bank Account Band Karne Ke Liye Application In English

To, The Branch Manager, [Bank Name], [Bank Address], Date- [Date/Month/Year].

Subject: Bank Account Band Karne Ke Liye Application In English.

Respected sir/madam,

I am _______ [Your Name] & I have opened a savings bank account in this branch about 5 years ago. My account no is ________ . But right now my financial condition is not so good and I am not able to maintain a minimum balance in my account.

Therefore I request you to please close this account. Also, I want the remaining balance of the account to be transferred to me in cash. Please do the needful & close this account as soon as possible.

Thanks in Advance.

Yours faithfully, [Signature], [Address with Pin code], [Mobile No].

Application For Closing Bank Account Letter PDF

Application For Closing Bank Account Letter Pdf, Bank Account Closing Letter Pdf , Bank Account Closing Letter Sample Format

Download Bank Account Closing Letter PDF ➪ Click Here

FAQ’s on Application For Closing Bank Account Letter

What documents are required to close a bank account? All details related to your account, such as account holder name, address, account number, linked mobile number, signature, your original passbook and original checkbook (if issued). Also, your Identification Proof (Aadhar Card, Voter ID Card, Electricity Bill), Your Address Proof (Aadhar Card, Voter ID Card) and Debit Card / ATM Card (if issued).

Can a bank reopen a closed account? Yes, you can reopen a closed bank account. But in some cases, whether you can reopen the account depends on the bank. Because banks have some policies that you have to follow. Also, download and write your own letter using our bank account closing letter sample format in word sample.

How long does it take to close a bank account? It usually takes 10 to 15 days to complete the entire process of closing your bank account. However, in some government banks , this process takes more than 1 to 2 months to complete.

Can a bank refuse to close your account? Generally, overdraft bank accounts cannot be closed. So they may refuse to close it. If you follow your bank’s policies properly, you will be able to close your account without any problem.

Is passbook required for closing bank account? Yes, banks ask you to return your passbook, debit card, unused checkbook and any other documents issued by the bank. These need to be surrendered when closing the account.

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sample application letter for closing company bank account

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Application For Closing Bank Account | Bank Account Close Application

Post by Mita Maji

If you are looking for the application for closing bank account letter OR are you searching for the best samples of bank account close application then you have come to the right place. To close a bank account there is no hard process. It is a very easy process.

Firstly, You have to write an application to the bank branch manager to close your account and you have to attach your checkbook, passbook & ATM card along with this bank account closing application. You can also transfer the bank account to another branch without closing it. Generally, the bank will take about 5 to 10 days to close it.

Bank Account Close Application Letter, Bank Account Close Application In English, Application to close bank account, Bank Account Closing Letter Sample Format

As we know it is always a good practice to write an application yourself but due to lack of time, It is not possible for us to write a professional application. So, just to save your time we have created some samples of bank account closing letters for you which will make your work more easier.

Some of the most common reasons that account holders usually close their bank accounts such as personal reasons, moving to other countries, rude bank employees, unreliable banking systems, high interest on loans or online banking issues.

What is required to close a bank account?

There are need some things that are very important to close a bank account, which you have to take to the bank. For Example,

  • Bank Account Number.
  • Account Holder Name.
  • Signature Of Account Holder.
  • Original Passbook of Bank Account.
  • Cheque Book (If Issue).
  • Atm Card (If Issue).
  • Identify Proof (Ex. Aadhar Card, Pan Card, Voter ID Card, Driving License).
  • Address Proof (Ex. Aadhar Card, Voter ID Card)

Hopefully, if you go to your bank branch with the above-mentioned items, you will be able to close your bank account without any problem. However, many banks may charge “account closure fees” so you may have to pay it.

Read Also:-  Application For Bank Account Close In Hindi

Simple Bank Account Close Application Letter

To The Manager Name of the Bank Name of the Branch Address of the Branch

Sub: Application to close bank account

Dear Sir/Madam,

My savings account no is XXXXXXX in your bank. Currently, I am not able to continue this account anymore. So you are requested kindly to close the account and credit the amount to me by cash/dd.

Thanking you,

Yours sincerely [Name] [Signature] [Date] [Mobile No] [Address]

Bank Account Close Application In English

To The Bank Manager, Bank Name, Branch Name, City.

Subject: Closing of Bank Account-A/C-XXXXXXX

Respected Sir/Madam,

With due respect, I Beg to say that I hold a saving account in your branch and I want to close this account due to some personal reason with immediate effect. Details of the account are as under –

  • Account Holder Name –
  • Account No – XXXXXXXX
  • IFSC code – XXXXXX
  • Current Balance – Rs. XXXXX.XX

Kindly close my abovementioned account and hand over the balance amount in cash. I will be thankful to you.

Yours Faithfully, [Name] [Signature] [Contact Details]

Application For Closing Bank Account Letter

To The Manager, Name of the bank, Branch Name, Branch Address, Date-

Subject: Close Bank Account.

This letter is to inform you that kindly close my bạnk account no XXXXXXXXX in your bank. I am not operating this account for a long period of time. Now, I decided not to continue this account. I am returning my Debit/credit card, pass-book, and checkbook to the bank branch.

I request you to please return my existing balance through the demand draft or transfer it to my new account.

Thanking you.

Yours Sincerely Name: Account Number: XXXXXXXXX Date: XX/XX/XXXX

Bank Account Closing Letter Sample And Format

To, The Branch Manager, Bank Name, City Date

Subject- Application to close bank account

I would like to close my saving account no – XXXXXXXX due to some personal reasons with immediate effect. Hence, I request you to please close my said account and hand over the balance amount in cash and oblige. I am also returning my passbook, checkbook, debit and credit cards to the bank.

Please proceed with my request as soon as possible and I would appreciate it if you can close the account.

Yours Faithfully, [Your Name] [Signature] [Contact Details] [Your Address]

Read Also:  Bank Passbook Missing Letter

Sample Letter To Close Bank Account And Transfer Funds

To The Bank Manager, Bank Name, Branch Name, Branch Address, Date-

Subject- Application for closing bank account.

I have a saving account in your bank for the past four years but now due to some unavoidable circumstances. I want to close my account and transfer my amount to the new account. My saving account details are:-

  • Current Account Number –
  • New Account Number –
  • Home Branch Name –

Yours Faithfully, [Name] [Signature]

Bank Account Close Application Letter

To The Manager, Bank Name, Branch Name, (Full postal address of the branch) Date-

Subject- Closing of Savings / Current Bank Account

I humbly request that I have been an account holder with ______ (Account Holder Name) in your bank for some years. For some reason, I want to close my bank account. My account number is _____ (Bank Account Number) and my ATM number is ____ (ATM Number).

Therefore, you are requested to kindly close my account and return my outstanding amount to me. I will always be grateful to you. Your kind co-operation in this regard will be highly appreciated.

Yours truly, Name- Address- Mobile No- Email ID-

Read Also:  Application For Opening Bank Account

Application To Bank Manager For Closing Account

To, The Bank Manager, Bank Name, Branch Address – Date –

Subject: Application for Closure of Current Bank account

With reference to the subject above it is stated that I have two accounts in your bank and I want to close my one account. Having account number – XXXXXXXXX, date of opening DD/MM/YY. This account is not functional since last and I do not need this account anymore.

Therefore, I request you to close my above current account. Your cooperation in this regard will be highly appreciated.

Thanking you in anticipation.

Sincerely, [Name] [Signature] [Date] [Contact No]

Bank Account Closing Letter Sample Format

To, The Branch Manager [Bank Name], [Branch Name & Address], [Date].

Subject – Bank account closing application & account no XXXXXXXXX.

With due respect, I Beg to say that I hold a saving account no ___________ [Mention Your Bank Account No] with your __________ [Mention Your Branch Name] branch and I am unable to maintain this bank account due to some personal circumstances.

This is a request letter to please close my saving account and reject any further transactions request. I am returning my passbook, chequebook and my cards along with my request letter. My bank account details are –

Account Holder Name – Account No – IFSC code – Current Balance – Card Number –

Therefore, I request you to please close my account and return my outstanding balance to the account details mentioned below. It Would be highly appreciable if you do the needful to initiate the process as soon as possible. [Mention the details of the bank account you want to take the remaining money from your old bank account] Account Holder Name – Bank Account Number – IFSC Code –

Thanking You.

Yours Faithfully, [Your Name], [Your Address], [Contact Details].

Application For Closing Bank Account

To The Branch Manager, Name of the Branch, Address of the Branch (example: Bigoram, Kolkata, 700386)

Subject: Request for pre-closing ongoing recurring deposit (RD) account

My savings account no. is XXXXXXXXXX and RD account no. is XXXXXXXXXX in your bank. Due to some unavoidable reasons, I’m not able to continue the RD payment.

So you are requested kindly to pre-close the RD account before maturity period and deposit the so far amount from RD to my savings account.

Yours sincerely, Signature – Name – Mobile No –

READ ALSO –

  • Application For Bank Account Transfer
  • Application for Bank Account Reopen
  • Medical Leave Application Samples

Bank Account Closing Application

To The Bank Manager [Name of the Bank], [Branch Name], [Branch Address], [Date].

Subject: letter to bank manager for closing account. (Account Number___________)

With reference to my savings bank account number with your branch as mentioned above, I am willing to close my account since I am not in need of the account further and I regret not being able to continue with this.

I am handing over my passbook, unused check, ATM card along with this bank account closing letter.

Also, the details of my account are given below – Account No – Account Holder Name – ATM Card No – Mobile No –

Therefore, I request you to please close my said bank account as soon as possible and let the remaining balance be handed over to me.

It would be highly appreciable if you do the needful in this matter.

Yours faithfully, [Your Name], [Your Address].

Best and Easy to write Application For Closing Bank Account Letter Sample Image

Bank Account Close Application In English, Bank Account Closing Letter Sample Format, Bank Account Close Application Letter, Application to close bank account, bank account closing letter

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[ Download Bank Account Closing Letter PDF ]

FAQ’s on Application For Closing Bank Account Letter

1) How do I write a letter to close my bank account? Answer: To, The manager. Dear Sir/Madam, I want to say that I am an account holder in your bank. My account no is XXXXXXX in your bank. Currently, I am not able to continue this account anymore. So, I request you to please close my account as early as possible. Thank you.

If you can’t write the letter at all then try to write by following the sample of the application that we have given at first.

2) How long does it take to close a bank account? Answer:  It totally depends on your bank. You can request your bank manager to complete this action as soon as possible. Yet it takes a maximum of five to ten days.

3) Is there a charge to close a bank account? Answer:  YES,  many banks charge  “Account Closure Fees”  for closing accounts. So you should look at these before opening a bank account. However, most banks usually take it if they want to close the account within  90  to  180  days of opening the account. We can’t say exactly how much you charge for it, but you can find out from your bank manager.

4) What documents do I need to close a bank account? Answer: As we told you earlier, you will need two types of documents to close the bank account. The first is some of your ID verification documents (E.g – Aadhar Card, Pan Card, Voter ID Card, DL) and the second is some of your bank account documents (E.g – Account Number, Signature Of Account Holder, Original Passbook, Atm Card).

5) Can you close out a bank account online? Answer:  The answer to this question may be yes or no or both. Because in our India some banks give the opportunity to close your bank account online and some banks do not give that opportunity. So, below are the links to some bank’s closure forms. Which you can fill up and submit to your bank.

  • State Bank of India
  • Bank of Baroda
  • Punjab National Bank
  • Canara Bank
  • Indian Overseas Bank
  • Union Bank of India

I hope you find the exact sample or format of the bank account closing application you were looking for on the internet.

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  • England and Wales

sample application letter for closing company bank account

This letter is relevant in England & Wales.

Write off after death ( sole name )

Use this letter when someone you know has died and they have left no assets or will behind. Contact us for advice before using this letter.

  • Fill in your contact details, the account number and any extra information you want to include in the grey shaded areas.
  • Today’s date will be added automatically.
  • Sign each letter before sending it.

Letter in joint names

You can choose to send a letter in your own name or in joint names . You may have a debt in joint names, or want to write to your creditors together because you have worked out a joint budget.

15th June 2024 [today’s date]*

COMMENTS

  1. Application for Closing Bank Account: Format and Samples Letter

    Application for Closing Bank Account. Subject: Request for Account Closure. Dear [Bank Name] Manager, I, [Your Name], hold a Savings Account with your bank. Due to some personal circumstances, I am unable to maintain the account and would like to close it. Please find the account passbook enclosed with this letter.

  2. Sample Letter To Close Bank Account Of Company

    Dear [Bank Manager's Name], Subject: Closure Notice of Company Bank Account. I am writing to inform you that due to a recent merger with [Merging Company Name], our company, [Your Company Name], will be closing its bank account at your esteemed institution.

  3. Letter to Bank for Closure of Current Account of a Company

    Dear Sir/Madam, Sub.: Closure of current account of the company. We hereby request you to kindly close the current account bearing number _____________, which belongs to our company i.e. ___________ Limited. A resolution has been passed in the __th meeting of the Board of Directors of the company for the closure of the said current account and ...

  4. Sample Letter to Close Bank Account of Company

    Request Letter to Close our Company Account Due to Office Shifting. Dear Branch Manager. I request you to please close all of our company bank accounts at your branch because we are shifting our office to new premises. We were using the following bank accounts: number1, number2, number. I will be grateful to you.

  5. Application for Closing Bank Account

    The Branch manager. Bank Name. Bank Address. Date. Subject: Application to Close Bank Account. Salutation. Body of the letter: Mention the reason for closing the bank account, also mention the required bank details such as account number, member ID, passbook, identity proof, etc. Complimentary Closing. Sender's Name.

  6. How to Write a Letter to Close Bank Account: Examples Included

    The Branch Manager. Name of the Bank. Bank Address. dd/mm/yy. Salutation: Move on to address the bank representative politely. Sir/ Ma'am, Body: State your intention to close the account. Add the necessary details like your account number, the reason for closing the account, name, and code. Body of the letter.

  7. Application for Closing Bank Account

    Sample 2 - Letter to Bank Manager for Closing Account. The Manager. State Bank of India. T Nagar. Chennai - 600054. 31/12/2021. Subject: Request to close account. Sir, I hold an account with the account number 0305000002356032 at your bank.

  8. Letter To Close Bank Accounts: Free Template

    Sample Account Closing Letter. Please close the account (s) listed below. Please send any remaining funds in those accounts by check to the address below, and reject any further requests for transactions in these accounts. Please provide written confirmation that the accounts are closed.

  9. What Is a Bank Letter to Close an Account? With a Sample

    A bank account closure letter is simply a written request to have one or more accounts at a financial institution closed. If you have to submit a bank letter to close an account, you may have the option to mail it in or return it in person at a branch. Knowing how to write a letter to close a bank account can ensure that you're not leaving ...

  10. Bank Account Closing Letter Sample and Instructions

    Visiting the bank in person. Stop into a local branch and speak to a representative to close your account. You will likely be asked to sign an account closure document. This is a good time to withdraw the remaining balance from your account as well so you do not have to wait for the bank to mail you a check. Online.

  11. How to Write a Letter for Closing Bank Account

    Subject: Request for closing savings account. Dear Sir, I, [Your Name], hold a Savings Account in your bank. Due to some personal circumstances, I am unable to maintain the account and would like to close it. Please find the account passbook enclosed with this letter. I request you to initiate the account closure process at the earliest.

  12. Sample Letter To Close Bank Account For Business

    Dear Sir/Madam, Sub.: Closure of current account of the company. We request you to please close our current account with your bank. The account number is ____________ (account number). We have been delighted with the services provided by your bank. However, we have decided to close this account as we no longer need a business bank account.

  13. Sample Letter To Close Bank Account: Free & Effective

    Letter Template. [Date] Dear [Bank Manager's Name], I am writing to request the closure of my bank account [Your Account Number]. Please disburse any remaining balance in my account via [check/money transfer to Account Number]. Kindly acknowledge the receipt of this request and confirm the closure of my account. Thank you for your assistance.

  14. Application for Closing Bank Account

    Name of the Bank. Name of the Branch. Address of the Branch. Sub: Application to close bank account. Dear Sir/Madam, My bank's savings account number is XXXXXXX. I'm now unable to keep this account going. Therefore, I respectfully ask that you terminate the account and credit the money to my cash or debit card.

  15. Bank Account Closing Letter

    Bank Account Closing Letter: To close the account in a bank it is necessary to write the official letter to the bank manager. The reason for closing the bank account should be mentioned in the letter very clearly. Also, all the details related to your bank account such as Account number, Branch code, Full name, etc., should be mentioned in the application letter.

  16. 11 Sample of Application For Closing Bank Account

    Subject: Application For Closing Bank Account. Dear Sir/Madam, I am writing this letter to formally request the closure of my bank account with [Bank Name]. After careful consideration and evaluation of my financial requirements, I have decided to discontinue my banking services with your esteemed institution.

  17. Letter For Closing Bank Account: Check Format and Samples

    Letter for Closing Bank Account: Sample 1. I am writing to formally request the closure of my bank account [Account Number: XXXXXXXX] held with the State Bank of India due to significant security concerns. In the past couple of weeks, there have been many cases of online fraud, scams and security breaches.

  18. Application For Closing Bank Account

    To, The Bank Manager. [Bank name] [Branch name] [Name of city/vill] Date : day/month/year. Subject : Application for closing bank account due to death. Respected sir/madam, I am writing this letter with the intention to inform you that my father and I hold a joint account in your bank, __ (branch name) branch.

  19. Request Letter to Close Current Bank Account

    How long does it typically take for a bank to process a request to close an account and transfer funds? The processing time may vary, but banks usually aim to complete such requests within a reasonable timeframe, often within a few business days. Incoming Search Terms: Letter to bank for fund transfer; Bank account close application

  20. Application for Closing Bank Account with Format and Samples

    Writing a bank account closing letter is simple. Follow these steps: Start with Your Details: Write your name, address, and the date at the top of the letter. Bank's Details: Add the bank's name and address. Subject Line: Clearly state the purpose of your letter, like "Request for Bank Account Closure.". Body of the Letter :

  21. Application For Closing Bank Account Letter (New Samples)

    Subject: Bank Account Closing Letter. Respected Sir/Madam, With due respect, I beg to say that I hold a savings account in your branch for the last 5 years and my account no is ___________ [Mention Your Ac Number]. But now I want to close my account for some personal reasons with immediate effect.

  22. Application For Closing Bank Account【15+ Sample】

    Application For Closing Bank Account. To. The Branch Manager, Name of the Branch, Address of the Branch. (example: Bigoram, Kolkata, 700386) Subject: Request for pre-closing ongoing recurring deposit (RD) account. Dear Sir/Madam, My savings account no. is XXXXXXXXXX and RD account no. is XXXXXXXXXX in your bank.

  23. Write off after death

    Sample letters. Write off after death. Use this letter when someone you know has died and they have left no assets or will behind. Contact us for advice before using this letter. Fill in your contact details, the account number and any extra information you want to include in the grey shaded areas. Today's date will be added automatically.