Iowa Sample Letter for Cancellation of Direct Debit Authorization

• Category: Letters - Nonlegal - Cancellations
• State: Multi-State
• Control #: US-0411LR
• Format: Word; Rich Text

Description

Sample Letter for Cancellation of Direct Debit Authorization Subject: Cancellation of Direct Debit Authorization — Request for Termination Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally request the cancellation of my Direct Debit Authorization in regard to my account [Account Number] held at your financial institution, [Bank Name], located in Iowa. Please consider this letter as an official notice for the termination of the aforementioned direct debit arrangement. As per the terms and conditions agreed upon when I initially authorized this direct debit, I am entitled to cancel the authorization at any time. Consequently, I kindly request you to cease all future direct debit transactions from my account immediately. Further, I also revoke any future authority given for the debiting of funds associated with this account. To ensure a smooth process, please find the relevant account details below: • Account Holder's Name: [Your Name] • Account Number: [Account Number] • Bank Name: [Bank Name] • Bank Branch: [Branch Name] • Bank Address: [Bank Address] I kindly request you to confirm this cancellation of direct debit authorization in writing and provide a written confirmation that no further funds will be debited from my account as of [date of cancellation], which should be no longer than thirty (30) days from the date of this letter. Please note that I have also instructed my bank to block any further transactions pertaining to this direct debit authorization. I expect full cooperation from your end to ensure the prompt and efficient processing of this cancellation request. In case there are any outstanding payments or pending debits associated with this direct debit arrangement, I kindly request you to inform me of the necessary steps to settle these on an alternative basis. I am open to arranging such payment methods in a timely manner to avoid any inconvenience. I appreciate your attention to this matter and anticipate a swift response to confirm the cancellation of the direct debit authorization. Should you require any further information or have any queries, please do not hesitate to contact me at [Your Phone Number] or via email at [Your Email Address]. Thank you for your prompt attention to this matter. Sincerely, [Your Name] [Your Address] [City, State, ZIP] [Date]

Subject: Cancellation of Direct Debit Authorization — Request for Termination Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally request the cancellation of my Direct Debit Authorization in regard to my account [Account Number] held at your financial institution, [Bank Name], located in Iowa. Please consider this letter as an official notice for the termination of the aforementioned direct debit arrangement. As per the terms and conditions agreed upon when I initially authorized this direct debit, I am entitled to cancel the authorization at any time. Consequently, I kindly request you to cease all future direct debit transactions from my account immediately. Further, I also revoke any future authority given for the debiting of funds associated with this account. To ensure a smooth process, please find the relevant account details below: • Account Holder's Name: [Your Name] • Account Number: [Account Number] • Bank Name: [Bank Name] • Bank Branch: [Branch Name] • Bank Address: [Bank Address] I kindly request you to confirm this cancellation of direct debit authorization in writing and provide a written confirmation that no further funds will be debited from my account as of [date of cancellation], which should be no longer than thirty (30) days from the date of this letter. Please note that I have also instructed my bank to block any further transactions pertaining to this direct debit authorization. I expect full cooperation from your end to ensure the prompt and efficient processing of this cancellation request. In case there are any outstanding payments or pending debits associated with this direct debit arrangement, I kindly request you to inform me of the necessary steps to settle these on an alternative basis. I am open to arranging such payment methods in a timely manner to avoid any inconvenience. I appreciate your attention to this matter and anticipate a swift response to confirm the cancellation of the direct debit authorization. Should you require any further information or have any queries, please do not hesitate to contact me at [Your Phone Number] or via email at [Your Email Address]. Thank you for your prompt attention to this matter. Sincerely, [Your Name] [Your Address] [City, State, ZIP] [Date]