During an unstable market situation, you would want to cancel your credit card transactions and instead make cash purchases. To request the bank to cancel your credit card, a letter can be written informing them about it. In this post are sample letter to back for cancellation of credit card and cancel a credit card due to unstable market sample letter. You may use these credit card cancellation letter format and cancel a credit card letter template as references to draft your own letter.
Cancel a Credit Card due to unstable Market Letter Sample
The Manager
World Bank
California Branch
July 10, 2022
Mr. Williams Shaw
123, Twin High Building,
California, United States of America
Subject: Cancellation of credit card due to unstable market
Dear Williams,
The market conditions are not stable these days due to which we have shut down all the credit accounts. All the transactions from now on would take place in cash. You are requested to mail to us a statement showing your account and the total amount to be paid.
It is always a pleasure doing business with you. We hope to continue it in the future.
Sincerely,
The Manager
World Bank
California Branch
Other Related Letter Format
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Account Cancellation Letter Due to Non-Payment
Letter Notifying Customer about Exceeding of Credit Limit
Letter to Creditor Disputing Negative Credit Report
Letter Allowing Continuation of Credit