This form is a sample letter in Word format covering the subject matter of the title of the form.
Sample Letter To Close Bank Account Of Deceased Former Employee In Illinois
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Multi-State
Control #:
US-0034LTR
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Word;
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FAQ
Dear (Bank Manager's Name/To Whom It May Concern), I am writing to request the closure of my bank account with the number (Account Number). I would like this account to be closed effective immediately. Please transfer any remaining balance to my new account at (New Bank Name and Account Details).
I am writing to request the closure of my bank account with the number 789012345. Due to recent changes in my financial situation, I have decided to consolidate my accounts and will no longer need this account. Please transfer any remaining balance to my new account at XYZ Bank, Account Number 543210987.
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.
Respected Sir/Madam, I am writing to you with a heavy heart to inform you of the demise of my husband, Mr. Rajeev Singh, who had a savings account in your esteemed bank. It is a difficult time for our family, and I need to settle his financial affairs.
Contact your bank or credit union: Call your bank's customer support department or visit a branch in person to close the account. In some cases, you may be able to close a savings account online, through your online banking portal.
Contact your old bank: With your funds safely transferred, reach out to your old bank to inform them of your decision to close the account. You can typically do this via a formal letter, a visit to the branch, or in some cases, through an online process.
I/We hereby state that one of the joint Depositors Mr./Mrs. _______________ has expired on _____________ ('Deceased Depositor”). I/We request you to delete the name of Deceased Depositor and continue the FD in my /our name(s) with same mode of operations.
Basic identification & documentation Proof of death, such as certified copies of the death certificate. Documentation about the account and its owner, including the deceased's full legal name, Social Security number, and the bank account number.
If there's a will without a named executor, the court will issue a Letter of Testamentary; if there's no will, the court will issue a Letter of Administration. Present either of these letters to the bank along with the death certificate to close the account.
More info
Closing a bank account when someone passes away isn't difficult, as long as you have the right paperwork for the the teller or banker. You can use this letter template to write to the bank to request the closure of a direct payments account following the death of the account holder.Navigating and closing a deceased person's bank account can be tricky. Follow these simple steps to ensure you are able to properly close the account. After someone dies, notify the government programs and businesses they used. Cancel benefits payments and close or transfer accounts. We'll communicate and work with you on what's needed for handling our deceased client's specific banking relationship. The letters cite reasons for closure such as relocating, no longer needing the account, job changes, and death of an account holder. This includes both an executor named under the terms of a Will and an administrator in the case of a decedent who dies intestate. Restored Exclusion Amount. Example.