sample letter for closure of checking bank account , checking bank account closure request letter, close checking bank account

When drafting a checking account closure letter, maintain a respectful tone and clearly state your name, account details, and reason for closing the account. Request the bank's assistance in closing the account and specify your expectation for a response time. Provide your contact information for further communication.

Table of Contents:

Sample Request Letter to Close Checking Account

To,
The Manager,
__________ (Bank Name),
__________ (Branch Address)

Date: __/__/____ (Date),

Subject: Closing of checking account

Sir/ Madam,

Most respectfully, I _________ (Name), holding a checking account in your _________ branch (branch name) having account number ___________ (Account number.

I am writing this letter to request you for closure of my checking account in your bank bearing account number _________ (Account number) due to ______ (Reason for closing the account).

Respected, I request you to kindly look forward to the closure of my checking account. I look forward to hearing back from you in _____ (no. of days) working days. I shall be thankful for your quick support.

In case of any queries, you may contact me at __________ (Contact number).

Thanking you,

_________ (Signature)
_________ (Your name),
_________ (Contact number)

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FAQs

  • Question: Is it necessary to state a reason for closing the checking account?
    • Answer: While it's not mandatory, providing a brief reason for closing the account can help the bank understand your request better.
  • Question: How long does it take for a checking account to be closed after submitting the closure request?
    • Answer: The timeline for closing a checking account can vary depending on the bank's policies and procedures. It's advisable to inquire with the bank about the expected timeframe.
  • Question: Do I need to visit the bank in person to close my checking account?
    • Answer: Some banks may allow account closure requests to be submitted through other channels, such as mail or online banking. However, it's best to confirm the preferred method with your bank.
  • Question: Will there be any fees associated with closing my checking account?
    • Answer: Banks may have certain fees associated with account closure, such as processing fees or early closure penalties. It's essential to review the bank's terms and conditions or inquire directly with the bank for clarification.
  • Question: What should I do with any remaining funds in my checking account after closure?
    • Answer: Before closing the account, ensure that all outstanding transactions have been cleared and any remaining funds are withdrawn or transferred to another account.

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