Ready-to-Use Template
Professional letter template with all required legal language
[Your Business Name]
[Your Business Address]
[City, Postcode]
[Your Phone Number]
[Your Email]
[Date]
[Payment Provider Name]
[Provider Address]
[City, Postcode]
RE: NOTICE OF CONTRACT TERMINATION
Dear Sir/Madam,
I am writing to formally notify you of my intention to terminate the merchant services agreement for the following account:
Account Details:
Account Number: [Your Account Number]
Merchant ID: [Your Merchant ID]
Business Name: [Your Business Name]
Trading Address: [Your Trading Address]
As per the terms of our agreement, I am providing [XX] days' notice, with termination effective from [Termination Date].
I request the following:
Please confirm receipt of this letter and provide all requested information within 5 business days.
Equipment Return: I understand that I may need to return rented equipment. Please advise on the return process and confirm that equipment in good condition will not incur additional charges.
Thank you for your services. Please direct all correspondence regarding this termination to [Your Preferred Contact Method].
Yours faithfully,
[Your Signature]
[Your Printed Name]
[Your Position/Title]
Subject: CONTRACT TERMINATION NOTICE - Account [Account Number]
Dear [Provider Name] Team,
I am writing to provide formal notice of termination for my merchant services account.
Account Details:
Please confirm:
Attached is a signed PDF copy of this letter for your records.
Kind regards,
[Your Name]
[Your Position]
[Your Business Name]
[Your Phone]
| Issue | Solution |
|---|---|
| No response to letter | Call and email again. Reference your original letter date. Request written confirmation. |
| Provider claims they didn't receive notice | Provide email delivery receipt or postal tracking. Resend with "SECOND NOTICE" in subject. |
| Unexpected early termination fees | Review contract. If fee is legitimate, negotiate. If not, dispute in writing. |
| Continued charges after termination | Contact immediately. Request refund in writing. Cancel direct debit if necessary. |
In rare cases, providers may create obstacles. If you encounter issues: