When drafting a letter to request the stoppage of auto debit payments from your bank account, clarity and politeness are essential. Clearly state your intention to stop the auto debit facility, providing necessary details such as your account number and the transfer details. Politeness and clarity of language ensure effective communication with the bank.
Table of Contents:
- Sample Letter
- Live Editing Assistance
- How to Use Live Assistant
- Additional Template Options
- Download Options
- Share via Email
- Share via WhatsApp
- Copy to Clipboard
- Print Letter
- FAQs
Sample Request Letter to Bank for Stoppage of Auto Debit Payments
To,
The Branch Manager,
____________ (Name of the bank),
____________ (Branch Address),
Date: __/__/____ (Date)
Subject: Request to stop auto debit payment
Dear Sir/Madam,
Courteously, I am ________ (name) and I do hold a bank account bearing account number ________ (account number) in your branch. I have been operating this bank account for the last _________ (Duration).
Through this letter, I would like to inform you that I am availing auto-debit facility in my bank account, and this money gets transferred to _________ (transfer details) on __/__/____ (date) of every month. The transfer amount is _____ (amount).
I request you kindly deactivate the auto-debit facility on the mentioned bank account and stop all transfers. I shall be highly obliged for your kind support.
Regards,
______________ (Signature)
______________ (Name),
______________ (Account Number),
______________ (Contact Number)
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FAQs
- Q: What is an auto-debit facility?
- A: An auto-debit facility allows automatic deductions from a bank account for recurring payments, such as bill payments or subscriptions.
- Q: How can I stop auto-debit payments from my bank account?
- A: You can request the stoppage of auto-debit payments by submitting a formal request letter to your bank, clearly stating your intention to deactivate the auto-debit facility.
- Q: What information should I include in the request letter to stop auto-debit payments?
- A: Your request letter should include your account number, details of the auto-debit arrangement (such as the transfer amount and recipient), and a polite request to stop the auto-debit facility.
- Q: Can I submit the request letter to stop auto-debit payments online?
- A: Many banks offer online channels for submitting requests, including requests to stop auto-debit payments. Check your bank's website or contact customer service for guidance on how to proceed.
- Q: How long does it take for the bank to process the request to stop auto-debit payments?
- A: The processing time may vary depending on the bank's procedures, but it's advisable to follow up with the bank after submitting your request to ensure timely action.
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