Sample Account Closing Letter 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. Please provide written confirmation that the accounts are closed.
Writing an application to close a bank account involves a clear and concise request. Start with your personal details, state your account number, and explain your reason for closure. Include instructions for transferring any remaining funds and request written confirmation. This ensures a smooth and efficient process.
The exact process for doing this will depend on your bank — some allow you to close an account online or via a phone agent, while others require you to fill out an account closure request form or submit a written request. Be sure to follow your bank's guidance on the proper method for closing an account.
What should a resolution to open a corporate bank account include? Corporation name and address. Bank name and address. Bank account number. Date of resolution. Certifying signatures and dates. Corporate seal.
You'll need to provide several documents to your bank so that they have the information they need to close the account. These include: Proof of the business name and address. Business incorporation or partnership information, including the date of formation and business structure.
“RESOLVED THAT the Company's Banking Current Account No___________ with (Name of the Bank with address) , be closed and the amount, if any, lying in the said account be returned to the Company by way of issuance of Bankers' Cheque payable at …………… or transfer to other Current Account in the name of the Company, and the ...
Dear Sir/Madam, I am writing on behalf of “_______________________ (Name of Company)”, as the authoriosed signatory, to formally request the closure of our company's current account with your bank.
When drafting a banking resolution, here are the key elements to include: Title of the Document. Statement of Board Agreement. Detailed List of Authorized Individuals. Specific Powers Granted to These Individuals. Time Frame for the Resolution's Validity. The Signature of the Company's Board of Directors or Members.
“RESOLVED THAT the Bank Account No. __________, ___________Branch with __________ Bank Limited, be and is hereby closed with immediate effect and aforesaid Bank be and is hereby requested to transfer the remaining balance in the another existing Bank wit Account No.
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. I kindly request you to initiate the account closure process at the earliest convenience.