When you change your residence, your first thought will likely be to invite your loved ones to a housewarming party. But did you know that you need to inform your bank about your change of address? Doing so allows them to update your records. It also ensures they send mail, important info, alerts to your new correct address.
A change of address letter to the bank is a formal document sent to a financial institution when you move. It should contain your old and new addresses as well as a request to direct your mail to the new address. Here are some guidelines, a template, and a sample to help you draft this letter.
Your change of address letter to bank should obviously include your current and new address. It should also contain all other related and relevant information such as:
- Your Identity – Always begin the letter with your name, former address, and contact information, including your phone number and email address.
- Account Number – As you are writing to a bank, it is also important to include your account number. This will help the bank identify you.
- Current Address – Mention your former address in the body of your letter. You must also indicate that you have changed it and provide a date for when the change takes effect.
- New Address – Provide your new address in full. Make sure it includes your state and city.
- Reasons for Move – Although it is not a requirement, you can briefly mention why you are moving.
- Update Request – It might seem obvious, but it is important to request the bank to update your details in their system. This will ensure there are no future misunderstandings.
Change of Address Letter to Bank Format
{Date}
{Bank Name}
{Bank Address}
{City, State, Zip Code}
Re: Change of Address for A/C {Account Number}
Dear {Mr./Mrs./Ms. Last Name},
I am an account holder at your bank, account number {A/C Number}. I am writing to inform you that I recently moved to a new address. Therefore, I would like you to update my personal details as follows:
Former Address
{Location}
{City, State, Zip Code}
{Contact Information}
New Address
{Location}
{City, State, Zip Code}
{Contact Information}
I would also appreciate it if you forward any correspondence to this new address as from {date}. If I am required to participate in this process in any way, kindly contact me on {phone number} or {email address}.
Thank you for your time.
Sincerely,
{Your Name}
{Your Signature}
Sample Change of Address Letter to Bank
20 November 2030
Mary Crystal
First National Bank
289 Main Street
Fort Worth, IN 23452
Re: Change of Address for A/C 4569/FNB
Dear Mrs. Crystal,
I recently moved to a new residence in Wilmington, North Carolina. Consequently, my address will be changing, effective 26 November 2030. I am writing to request that you update my personal records at your bank as follows:
Former Address
Highland Grove
Fort Worth, IN 12325
543 345 5435
New Address
Fox Bay
Wilmington, NC 34521
+222 333 3434
I would also appreciate it if you forward all my correspondence from now on to this new address. If you need my compliance in this matter, you can reach me at joepeterson.com.
Sincerely,
Joe Peterson
Change of Address Letter to Bank (Word Template)
When drafting a change of address letter to the bank, always keep your message short, formal, and to the point. Avoid going into detail about the move or inviting the reader to your new home. Stick to the subject, which is that your address has changed.
It is important not to assume that the reader already knows your previous address. To make things easier for them, list both your former and new address.
Finally, always include your full name and signature so the bank can authenticate the letter.
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