Get the free Existing Account Closing Form

This form is used to request the closure of an existing bank account and provides options for disbursement of funds if applicable.

How to fill out existing account closing form

How to fill out Existing Account Closing Form

1. Start by downloading the Existing Account Closing Form from the bank's website or obtain a physical copy from your local branch.
2. Fill in your personal information, including your full name, address, and contact details.
3. Provide your account number and any other identification numbers required by the bank.
4. Indicate the reason for closing your account in the appropriate section of the form.
5. Specify how you would like to handle any remaining balance in your account (transfer to another account, cash withdrawal, etc.).
6. Review the form to ensure all information is correct and complete.
7. Sign and date the form to authorize the closure of your account.
8. Submit the completed form to your bank's representative either in person or by mail, as instructed.

Who needs Existing Account Closing Form?

1. Anyone who wants to close their existing bank account needs to fill out the Existing Account Closing Form. This includes personal account holders, business account holders, and any other financial entity wishing to terminate their banking relationship with the institution.

People Also Ask about

How do you request to close a bank account?

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.

How do I write an application for closing a bank account in English?

I, [Your Name], hold a Savings Account in 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 request you to initiate the account closure process at the earliest.

How do I close an existing account?

You can do so by walking into your local branch, calling customer service, or logging into your online account. Regardless of which option you choose, it should take only a few minutes and typically doesn't cost anything — unless you're closing an account you just opened.

How do I write to close an account?

Address the letter to the Branch Manager of your bank branch. Mention a clear subject: “Request for Closure of Bank Account”. State your account number and type in the first line of the body. Explain your reason for closure in a sentence or two (relocation, service dissatisfaction, etc.).

What is the proper way to close a bank account?

How to Close a Bank Account Find a New Bank Account. Before you close your bank account, you'll need to shop for a new place to keep your money. Settle Unpaid Balances. Update Your Direct Deposits and Bill Payments. Withdraw Your Balance. Get Written Confirmation.

How do you write an application to close a bank account?

I, [Your Name], hold a Savings Account in 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 request you to initiate the account closure process at the earliest.

How to end a bank formal letter?

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.

What is an example of a closing account letter?

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).

For pdfFiller’s FAQs

What is Existing Account Closing Form?

The Existing Account Closing Form is a document used to formally close an existing account with a financial institution or service provider.

Who is required to file Existing Account Closing Form?

Any account holder who wishes to close their existing account is required to file the Existing Account Closing Form.

How to fill out Existing Account Closing Form?

To fill out the Existing Account Closing Form, provide your personal details, account information, reason for closure, and any required signatures.

What is the purpose of Existing Account Closing Form?

The purpose of the Existing Account Closing Form is to provide a formal request for account closure and to ensure all necessary information is recorded.

What information must be reported on Existing Account Closing Form?

The form typically requires your name, account number, contact information, reason for closing, and signature.