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How to Write a 'Stop Automatic Payment' Request LetterThe merchant's name.Your name.The date of the letter.Your statement that you are revoking authorization for and canceling the automatic withdrawals.Your account number with the merchant.Your bank account number.More items...?
If you've authorized ACH payments that you want to stop, you have a legal right to revoke your authorization. To do so, call or write the biller to request that they stop taking automatic payments. Let your bank or credit union know, too, by writing a letter.
My account number with your company is xxx-xxxx. I am writing to inform you that I am revoking authorization for you to debit my account via electronic funds transfer: This revocation applies to any and all future debits. This revocation applies to the next scheduled debit.
Sub: Credit Card Cancellation LetterDear (name), I am writing this letter to inform you that I need to cancel my credit card issued by your bank. I want to terminate the credit card from today. There are no dues on the card.
How do I stop automatic payments from my bank account?Call and write the company. Tell the company that you are taking away your permission for the company to take automatic payments out of your bank account.Call and write your bank or credit union.Give your bank a "stop payment order"Monitor your accounts.