Joint Account to Single Account Letter (2 Samples)

Is one of the account holders no longer alive? 

Are you a surviving joint account holder seeking for guidance on what to do after a joint account holder passes away?

Your questions about the joint account to single account letter are answered in this blog post.

When one of the joint account holders dies, the other joint account holder must notify the bank of the death so that the deceased account holder's name can be removed from the joint account.

It will keep the remaining account holders from having to deal with bank transaction issues in the future. Also, learn about putting a baby for adoption: 9 Pros & Cons, How?

To have the name of the joint account holder removed, we must send an application for a joint account to a Single account to the bank together with a copy of the dead person's death certificate.

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SAMPLE 1: Letter to remove one name from the joint bank account after death.

From,
__________
__________

To,
The bank manager
Name of the Bank
Bank address
Name of the branch.

Dated : 19th September, 2021.

Subject, request for account conversion.

Respected Sir,

My name is Manoj Chettri, and I am a joint account holder with your bank. This account's primary account holder is myself, while the secondary account holder is my cousin Abhishek Chettri.

Unfortunately, owing to health difficulties, my cousin died away on September 9, 2021.

I'd like to request that you remove my wife's name from the joint account and convert it to a single account.

The following are the details of the savings and FD accounts-

Savings account number : 

FD account number : 

Also included with this letter is a copy of the death certificate.

Thank you very much.

Yours sincerely,
Name : Manoj Chettri.
Signature : ___________.

 

You'll need:-

1. Application for fee concession.
2. Request letter to cancel the insurance policy.
3. Bank passbook lost letter.

SAMPLE 2: Application for a joint account to a single account after death SBI.

From,
_________ [Customer address]
_________

To,
The manager
State Bank of India (SBI)
______________ [Bank Address]
______________ [Branch Name].

Date : DD-MM-YYYY.

Subject, application for converting joint account to single account.

Dear sir,

I respectfully request that my cousin and I open a joint account at your SBI bank. My cousin Anil Sharma died a month ago as a result of an illness.

 

Now I wish to operate this joint account in my own name. That is why you are converting this account to a regular account.

Candidate : (Nominee Relation)

Name of the nominee:

Therefore, I asked that this joint account be converted to a regular account and that the nominee be named after my kid. I shall be eternally thankful to you for this.

Yours faithfully,
Name : _____________________
Contact address : __________.

Continue reading........ 

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NOTE:- When one of the account holders passes away unexpectedly, many people wish to replace the dead account holder with a family member.

However, most banks refuse to comply with such demands. 

They would advise the surviving account holders to register for a new account with a new name to replace the dead account holder and to take advantage of the joint account perks. 

The previous account may be combined with the new one, or it could be closed completely. 

In any case, having a joint account rather than a single person's account is always a good idea.

It'll be a lot simpler to deal with this manner.

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