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Explanation of Company Bank Account Closing Letter Sample Format In Word
When closing a company bank account, it is essential to inform the bank in writing. A Company Bank Account Closing Letter serves as a formal notification to the bank about your decision to close the account. It is important to follow the correct format and include all necessary information to ensure a smooth closure process.
- Provides a record of your request to close the account
- Ensures that the bank has all the required information to process the closure
- Helps to avoid any misunderstandings or delays in closing the account
Example of Company Bank Account Closing Letter Sample Format In Word:
Dear [Recipient’s Name],
I am writing to inform you that we would like to close our company bank account [Account Number: XXXXXX] with your institution. We have recently completed all pending transactions and have no further need for this account.
Please proceed with closing the account and provide confirmation of the closure date. Kindly transfer any remaining funds to our new account [New Account Number: XXXXXX] at your earliest convenience.
We appreciate your prompt attention to this matter and thank you for your cooperation throughout our banking relationship.
Sincerely,
John Doe