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This document serves as a formal request to a financial institution to close an account and transfer the remaining balance to another institution.
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How to fill out official notice to close

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How to fill out Official Notice to Close Account

01
Obtain the Official Notice to Close Account form from your financial institution.
02
Fill in your personal information, including your name, address, and account number.
03
Clearly state the reason for closing the account in the designated section.
04
If applicable, provide the date you wish the account to be closed.
05
Sign and date the document to confirm your request.
06
Submit the completed form to your financial institution, either in person or via mail.

Who needs Official Notice to Close Account?

01
Individuals who wish to close their bank or financial accounts.
02
Businesses that need to formally terminate their accounts with a financial institution.
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Conclusion: Express your gratitude for the bank manager's consideration. Closing: Use a formal closing phrase such as “Yours sincerely” or “Yours faithfully”, followed by your full name and contact information.
Dear Sir/Madam, 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.
Sample Application for Closing Bank Account Dear Bank Manager, I am writing to request the closure of my bank account with the number 123456789. I would like the account to be closed effective immediately. Please transfer any remaining balance to my new account at XYZ Bank, Account Number 987654321.
How to write a bank account termination letter? Address the letter. Like every letter, a bank account close letter starts with a salutation to the recipient. State your request. Give necessary information. Add balance transfer request, if any. Close and sign the letter.
You can close your bank account by calling your institution, visiting a branch location or logging into your online banking portal. Before you close your account, make sure you switch any automatic payments and direct deposits to a new account so your bills and paychecks stay on schedule.
Date: Customer Name: Dear Banker: Please accept this letter as my written authorization to close the following account(s) at your financial institution. All of my transactions have cleared the account(s), and I have stopped all currently scheduled deposits and withdrawals to my account(s).
To Whom It May Concern: Please accept this letter as my written authorization to close the following account(s) at your financial institution. All of my transactions have cleared and I have stopped all currently scheduled debits and credits to my account.
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.

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An Official Notice to Close Account is a formal document submitted to notify relevant parties that a specific account is to be closed.
Typically, the account holder or authorized representative of the account holder is required to file the Official Notice to Close Account.
To fill out the Official Notice to Close Account, provide necessary identification details, account information, the reason for closure, and date of closure, and then sign the document.
The purpose of the Official Notice to Close Account is to formally communicate the decision to terminate an account, ensuring that both parties acknowledge the closure.
The information that must be reported includes account holder's name, account number, date of closure, reason for closing the account, and any outstanding obligations.
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