An authorization letter to close a bank account is a document prepared by either the account holder or the account signatory, who requests the closure of the bank account in this letter. It is addressed to the administration of the bank’s branch where the account holder had previously opened an account. In this letter, a request can be made to close a single account or multiple accounts.
An Authorization Letter to Close a Bank Account is a formal document that grants permission to a third party or bank representative to close an individual’s or organization’s bank account on their behalf.
An account holder may want to close their bank account for various reasons, such as:
- He is moving to a new place.
- He does not need that particular account or that type of account.
- He has many operational accounts.
- He deems another bank a better service provider and wants to utilize their services.
Regardless of the reason for closing the account, the account holder must provide the bank with adequate notice of their intention. If he withdraws his funds without informing the bank or closes his account, his credit history, especially with that particular bank, will be affected, and he may face consequences in the future. Therefore, it is always advisable to close the account by requesting the bank and sending written authorization in the form of a letter.
This authorization letter to close the bank account can include various details as requested and as required by the bank. For instance, if an account holder wants to close two or three accounts simultaneously, they must provide clear and detailed information about each account. However, generally, the following details are included in these types of authorization letters:
- Date.
- Details of the account holder.
- Details of the bank.
- Note that the letter serves as a written authorization.
- Request for account closing.
- The reason behind the request.
- Request for quick processing.
- Mention the attached documents.
- Salutations and signature.
After the bank receives this request and authorization, it starts the processing and documentation. Before closing the account, the bank ensures that no outstanding credit remains on the part of both parties involved. Once the clearance is complete, the account holder’s account is removed from the bank’s system and records, and the account holder can no longer conduct transactions through that account.
Sample Authorization Letters to Close a Bank Account
#1
I, John Doe, hereby authorize my wife, Jane Doe, to close my account at your bank. My account number is [X], and the account title is John Doe.
I am currently unable to visit the bank personally due to medical reasons. I have attached a copy of my medical certificate for verification. Please allow my wife to proceed with closing the account on my behalf. She will present her documentation, including her ID card, at the time of processing.
I would be grateful to you for your cooperation.
#2
Regarding account number [X] at ABC bank, XYZ branch, I authorize my father to close my account. Since I am currently living abroad, I am unable to visit the bank in person to fulfil the closing formalities.
Please close the account by June 5th. I request that you transfer the remaining funds to my international account. You will find the necessary details of my international bank account enclosed.
Kindly let me know if you require any further documentation for this purpose. I shall be obliged for your cooperation.
#3
I am writing on behalf of XYZ Company to authorize the closure of our company’s account maintained at your bank. Our board approved this decision of the directors. Kindly find enclosed the supporting documentation and bank account details.
Please close the account, effective April 30th, 20XX. I also request that you issue the final account statement and bank draft for the closing balance.
We appreciate the banking services provided to us and thank you for your continued support.
#4
Date
Name
Address
Dear Ms. Sarah,
I am writing this letter as written authorization to request that you close my current account [X] at ABC Limited.
I have moved to another country, so I need to close all my bank accounts here. I have withdrawn all the funds and cleared all the bank dues, so no fund transfer is required. I would be grateful if you could expedite the processing of closing my account, as I am traveling and moving in two weeks.
I am attaching the bank account closing form and other relevant documents with this letter. Please let me know if you require any additional information at [X].
Thank you.
Regards,
William Geller.

File: Word (.docx) and iPad
Size 17 KB
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