Termination Of Banking Relationship Letter Rbc

Are you in need of a Termination Of Banking Relationship Letter Rbc? Look no further! Below, you will find examples of Termination Of Banking Relationship Letter Rbc that you can use as a template and modify as needed.

Reasons for Termination Of Banking Relationship Letter Rbc

There are several reasons why an individual or a company may need to terminate their banking relationship with RBC. Some common paint points include:

• Unsatisfactory customer service
• High fees or charges
• Unmet financial needs
• Moving to a new location without RBC presence
• Financial difficulties

Example of Termination Of Banking Relationship Letter Rbc

Dear [Recipient’s Name],

I am writing to inform you that I would like to terminate my banking relationship with RBC, effective immediately. After careful consideration, I have decided that it is in my best interest to move my accounts to another financial institution.

My experience with RBC has been satisfactory overall, but I believe that my financial needs would be better met elsewhere. I appreciate the services provided by RBC and thank you for your assistance during my time as a customer.

As per the terms and conditions of my account agreement, I request that you close all my accounts, including checking, savings, and credit card accounts, and provide me with a final statement reflecting a zero balance. I also request that any remaining funds be transferred to the account specified below.

Thank you for your attention to this matter. Please confirm in writing that my accounts have been closed and provide any necessary instructions for the transfer of funds.

Sincerely,

John Doe