When we get a bank account then it is usually for the lifetime. But sometimes, we don’t need it or we are getting transferred because of which we want to have it closed. If you also wish to close your present bank account and want your money transferred to some other account then to initiate the process you must write a formal letter requesting the bank manager to do the needful. Surely it is not a tough task to accomplish if you know the right way to go about it.
Don’t worry if you don’t know how to frame a formal letter requesting the bank manager to close your account and transfer your money as there is a sample template to help you deal with the complicated situation. Use it in a customized manner to create your personalized letter with all the details that are essential to complete the process.
Letter to close bank account and transfer money
Adam Smith
22, Nicholas Street
New York
Ph: 1234-5678
Date: 05.09.15
To,
The Branch Manager,
ABC City Bank
52 Park Street
New York
Subject: Regarding closing of Bank Account No. 123-45666 and money transfer.
Dear Sir,
I have a savings account in your bank from last five years and due to some reasons I need to close that account. I had a word with your accounts manager on Monday and he guided me that to initiate the process, I need to write a formal application letter addressing the bank manager. Therefore, I am writing this letter requesting you to please close my account and transfer all my balance to another account with your bank. I have mentioned all the necessary details below.
The account which needs to be closed is:
A/c No. 123-45666
A/c Holder’s Name: Adam Smith
A/c Type: Saving Account
The account to which the money needs to be transferred is:
A/c No.: 123-45671
A/c Holder’s Name: Adam Smith
A/c Type: Savings Account
Please make sure that my request is processed at the earliest because I am in urgent need of the money and I would appreciate if you can close the account and transfer the funds as soon as possible.
Thanking in anticipation.
Regards,
Adam Smith