A Letter for Bank Account closed: Banks have become a major part of our day-to-day life, money-related transactions are facilitated by the bank. There are many facilities that are provided by banks like saving accounts, RDs, fixed deposits, loans, etc.
We can start an account in the bank by writing an application to the bank which is addressed to the branch manager. We can easily open an account in any bank by this process only whether it is a private or government bank and use its various benefits.
Sometimes if a bank customer did not use their account for a long time then the account becomes inactive and the account needs to be closed. Also sometimes customers are not happy with the bank’s schemes then the customer closes the account.
Get Other Types of Letter Writing like Formal, Informal and Different Types of Letter Writing Samples.
But for some reason, we are unable to continue to use the bank account after opening an account. In this case, we also have to write an application that is addressed to the bank manager for the account closing. All the supporting documents are submitted with the application and then the account will be permanently closed.
- What are the Steps that must be followed Before Closing a Bank Account?
- Samples for Letter for Bank Account Closed
- Letter for Bank Account Closed Format
- Format to Write a Letter for Bank Account Closed
- Closing Bank Account Format
- Closing Bank Account due to Transfer
- FAQ’s on How To Write A Letter for Bank Account Closed
What are the Steps that must be followed Before Closing a Bank Account?
For closing a bank account we have to write a letter to the bank for the account to be closed. But before that, some points must be considered so that the process can be done without any issues from the bank. Here are a few points that must be carefully done;
- Download the statement of transactions before closing the account to keep a record of the history of transactions.
- Empty your account before closing except for the bank fee.
- If you are changing your address that must also be informed to the bank so that bank can easily contact you.
- You should also check if any pending cheques or automated payments are not due, if it is pending then there will be a problem in processing.
- Finally, you have to remember that a closed bank account cannot be opened.
Samples for Letter for Bank Account Closed
There can be any reason to close the bank account but we must know the process for the closure. When we go to the bank for account closing, we have to first notify the bank through an application or letter, written to the bank manager. With the letter, we have to submit all essential documents including passbook, ATMcard, checkbook, etc.
This process usually takes a few days but writing a letter for a bank account closed is the only way to start the process. For transferring the account to another branch or other city branch also the same letter for account closing is required. After that only you can open a new Bank account in another city.
There are a few points to be considered while writing a letter because it is an official letter and to be written in a particular format that is addressed to the Bank Manager of the bank. Below given is the format for writing a bank closure letter.
Letter for Bank Account Closed Format
Below is the important points or steps that are used to write an official letter to the bank for Bank Account closure. Only the thing we have to keep in mind is that the letter should be written in the most respectful way. Let us look at points that are compulsorily included in the letter:
- Addressing the Bank manager
- Name and address of the bank
- Subject Written to the point
- Salutation (Sir/Madam)
- Without exaggerating too much we should write the Body of the letter
- Account number
- Name and Signature
- Date
All the above points are important and must be included in a letter for bank account closure. This is for both government and private banks.
Format to Write a Letter for Bank Account Closed
To, The Bank Manager, Address, City, Subject: Application for closing the bank account Respected Sir/Madam, < Body of the letter> Thanking you, Yours sincerely, Name Signature, Date and place |
Closing Bank Account Format
To, The Bank Manager, State Bank of India, Anand Vihar, New Delhi Pin: 2015568 Subject: Closing Bank Account Respected Sir, I want to state that, I am an account holder in your bank, the Account number is 21252466*****00 wanted to close the account. This account is not functional for long since I am unable to manage the account. Please kindly help me to close the account as all the documents have been attached to this letter. If any other details are needed then please feel free to contact me. Please inform me when the process is done in the email. Contact number: 952846258* Thank you, Regards, Kishan Singh, Date: 21-03-22 Place: New Delhi |
Here is another sample letter to the bank account closed if the situation is the customer is transferred to another city or state.
Closing Bank Account due to Transfer
To, The Bank Manager, ICICI Bank, Karol bagh, New Delhi Pin: 2010068 Subject: Closing Bank Account due to Transfer Respected Sir, I am an account holder in your bank for the past five years, the savings Account number is 323252466*****00 wanted to close the account. I have been transferred to another city so I will no longer be able to use the account. I have cleared all the balance amounts regarding my loans and cheques which were linked to the account. Please kindly help me to close the account as all the documents have been attached to this letter. If any other details are needed then please feel free to contact me. Please inform me when the process is done in the email. Contact number: 78514546258* Thank you, Regards, Piyush Pandey Date: 4-03-22 Place: New Delhi |
FAQ’s on How To Write A Letter for Bank Account Closed
Question 1.
What is a letter for a bank account closed?
Answer:
If a bank customer did not use their account for a long time then the account becomes inactive and the account needs to be closed. Also sometimes customers are not happy with the bank’s schemes then the customer closes the account. In this case, we have to write an application that is addressed to the Bank Manager for the account closing. All the supporting documents are submitted with the application and then the account will be closed. This is applicable to both government and private banks.
Question 2.
What measure must be taken before closing a bank account?
Answer:
Before closing a bank account and informing to the bank, there are a few points that must be followed
- Download the statement of transactions before closing the account to keep a record of the history of transactions.
- Empty your account before closing except for the bank fee.
- If you are changing your address that must also be informed to the bank so that bank can easily contact you.
- You should also check if any pending cheques or automated payments are not due, if it is pending then there will be a problem in processing.
- Finally, you have to remember that a closed bank account cannot be opened.
After this, the bank must be informed through a letter to the bank account closed.
Question 3.
what is the format for writing a bank letter to the bank for Bank Account closed?
Answer:
To write an official letter to the bank for Bank Account closure, one important thing that we have to keep in mind is that the letter should be written in the most respectful way. Here is the format to write a letter to the bank for the Bank account closed.
Let us look at points that are compulsorily included in the letter:
- Addressing the Bank manager
- Name and address of the bank
- Subject Written to the point
- Salutation (Sir/Madam)
- Without exaggerating too much we should write the Body of the letter
- Account number
- Self-attested documents that should be attached with the letter as per requirement.
- Name and Signature
- Date and place