Sample Letter: Stop Automatic Payments

|
Sample Letter: Stop Automatic Payments
Team Clark is adamant that we will never write content influenced by or paid for by an advertiser. To support our work, we do make money from some links to companies and deals on our site. Learn more about our guarantee here.
Advertisement

To Whom It May Concern:

I am writing to request that you stop (insert company’s name) from making future automatic withdrawals from my checking account. These charges are unauthorized. I canceled my contract in writing with (insert company’s name) on (list your date of cancellation).

The Federal Reserve’s rules governing pre-authorized transfers (part of Regulation E) states the following: ‘Once a financial institution has been notified that the customer’s authorization is no longer valid, it must block all future payments for the particular debit transmitted by the designated payee-originator.’

I would appreciate your immediate compliance with this federal law. Please contact me if you have any further questions.

Sincerely,

(Your name)

Advertisement

(Your account number)

Advertisement
  • Show Comments Hide Comments