“RESOLVED THAT the Bank Account No. __________, ___________Branch with __________ Bank Limited, be and is hereby closed with immediate effect and aforesaid Bank be and is hereby requested to transfer the remaining balance in the another existing Bank wit Account No.

When drafting a banking resolution, here are the key elements to include: Title of the Document. Statement of Board Agreement. Detailed List of Authorized Individuals. Specific Powers Granted to These Individuals. Time Frame for the Resolution's Validity. The Signature of the Company's Board of Directors or Members.

To Whom It May Concern: Please accept this letter as my written authorization to close the following account(s) at your financial institution. All of my transactions have cleared and I have stopped all currently scheduled debits and credits to my account.

I, Your Name, hold a Savings Account with your bank. Due to some personal circumstances, I am unable to maintain the account and would like to close it. Please find the account passbook enclosed with this letter. I kindly request you to initiate the account closure process at the earliest convenience.

More info

Virginia Corporate Resolution Template. If you need to put major company decisions in writing then use a corporate resolution.Free template for an LLC member resolution. Editable document you can use to formally record member resolutions for your limited liability company. The resolution officially authorizes members to open a bank account, apply for loans, and make withdrawals in the company's name. If you have banking resolutions on file with the bank for a bank account or loan, be sure to update the bank on any changes within the company. List all inventory in the sale along with names of the seller, buyer, and business. Fill in background details. The financial institution may treat all of the customer's. Either way, it is always a good idea to prepare a corporate resolution to open a bank account to add to the record of approved business activities.

Corporate Resolution Bank Account With Closing In Virginia

Description

Related forms

Show more info

Form Rating

Form popularity

FAQ

How do you write a resolution to close a bank account?

How do you write a bank resolution?

How do I close my corporate bank account?

What is the wording for closing a bank account?

How to write a resolution for closing a bank account?

How to write a letter for closing a bank account?

More info

Trusted and secure by over 3 million people of the world’s leading companies