Below is a guide of how to write a board of directors company resolution letter to close a bank account and a sample of a free letter IN doc and pdf format.
What is a Bank Account Closure resolution letter?
This is a letter that is written by the company’s board of directors to the bank asking it to close the company’s bank account for a limited or incorporated business.
What should be included the resolution letter
- Director’s names
- Director signature
- Date
- Bank Name
- Bank account number
- Account Number
- ATM or visa card number
- Letter Head
- Write all the assets of the company that you have which you will return
NOTE: Ensure that you withdraw all the money from your bank account before your close it. Otherwise, the directors must indicate that they are willing to forfeit the remaining balance.
Sample Bank Account Closure Resolution letter
This sample letter is applicable for limited companies and should only include the board of directors. The download URL is provided below.
CERTIFIED TRUE COPY OF THE RESOLUTION PASSED BY THE BOARD OF DIRECTORS OF KYOTE INTERNET GROUP LIMITED HELD ON THURSDAY the 17TH day of JANUARY, 2018 AT 10.00 A.M.
At the registered office of the company at Citam house, Nairobi, the board resolved to close the following non-operational bank accounts of the company with immediate effect.
- Bank Name: KCB Bank Kenya Limited
- Account Name: KYOTE INTERNET GROUP LIMITED
- Account Number: 12222222222222222
THE BOARD RESOLVED FURTHER THAT Mr. Edgar Edgar, Director, and Mr. Sias Said, Manager, be and are hereby authorized to complete all the formalities to give effect to the said resolution, including returning ATM VISA card number 11111111111111111111, Cheque Book, and Digital Banking Card.
RESOLVED FURTHER THAT a copy of the said resolution duly signed by the director and manager of the company be given to the bankers for taking the same on their records.
| Dated: | Dated: |
| Name: | Name: |
| Designation: Director | Designation: Manager |
| Signature: | Signature: |
For the company:
(Signature)…………………………………….
Name:…………………………………………
Designation:…………………………………..
The editable sample letter is available for download for free in word doc format from https://muthurwa.com/downloads (file number 12).
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