Request Cancellation of Credit Account

Should you find practical reasons to cancel your own credit account, say your financial management team found other capital source cheaper, or you have considered liquidating non-cash assets rather than outsourcing from a creditor, a withdrawal letter must be written straight to the point. Keep the whole letter as polite as possible for the cancellation is a loss incurred by the creditor or financing institution to where you have initially engaged yourself with. A letter addressed to the bank needs no reason for the withdrawal.

Sample Letters #1 Date SendersName OfficePosition Department Senders Address

Addressee CompanyName Company Address

Dear Name:

We kindly notify you that we are requesting the bank to close our account at your (branch), (account holders name, account type).

Stated herein is the number of my unused check bearing a sum of (amount) with a check number of (control number). We extend our apology for the sudden cancellation.

We thank you for your prompt attention regarding this matter.

Sincerely,

Your Name