Yours sincerely, Yours truly

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If you know the recipient or use their name, end your letter with
If you know the recipient or use their name, end your letter with 'Sincerely yours' (US) or 'Yours sincerely' (UK). If you don't know the recipient or don't use their name, end your letter 'Yours truly' (US) or 'Yours faithfully' (UK).

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Which one is the best usage in a formal letter, 'Yours truly' or 'Yours respectfully'? - Quora

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