This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,.If you do not want to participate in any Overdraft Elect Plan please fill out the form on our Overdraft Services page, call us at 1.800. Create a Loan Payoff Letter online and download it as a PDF or Word document. Customize and print a blank Loan Payoff Letter for free. We offer a variety of ways to submit funds to payoff and close your loan. Attn: Loan Operations Fulton Bank, NA 1695 State Street East Petersburg, PA 17520 A payoff letter provides instructions on how to pay off a loan with a lump sum before the loan term ends. Learn how payoff letters work. Provide state-of-the-art payment acceptance to your customers while improving your business cash flow.