Request Letter to the Bank

The document titled 'Request Letter to the Bank' is a formal letter written by an individual to their bank. The letter is addressed to a specific person at the bank and is used to address recent overdrafts on the individual's current account. The letter begins with the account holder's personal information, including their first name, last name, address, phone number, and email address. The addressee's information, including their first name, last name, and address, is also included.

 

The letter starts with a polite greeting, addressing the addressee as Mr., Mrs., or Ms. followed by their last name. The account holder expresses gratitude for the addressee's letter and acknowledges that they have caused concern by having recent overdrafts on their current account. They admit that they should have discussed overdraft facilities with the bank in advance and apologize for not doing so.

 

The account holder explains that they had overlooked the fact that the balance on their current account had been smaller than usual in recent months. However, they assure the addressee that they expect to receive payment for several large contracts later in the month, which will eliminate the need for overdraft facilities. In the meantime, the account holder authorizes the bank to use the balance on their deposit account as security for any overdraft incurred on their current account.

 

The letter concludes with another apology for any inconvenience caused and is signed off with 'yours sincerely' followed by the sender's name.

How to use this document?

To use the 'Request Letter to the Bank' document effectively, follow these steps:

1. Provide your personal information: Fill in your first name, last name, address, phone number, and email address in the designated fields at the beginning of the letter. This ensures that the bank can easily identify you as the account holder.

2. Address the addressee: Enter the first name, last name, and address of the specific person at the bank to whom the letter is addressed. This ensures that the letter reaches the intended recipient.

3. Date the letter: Include the current date in the designated field. This helps establish the timeline of the communication.

4. Begin with a polite greeting: Address the addressee as Mr., Mrs., or Ms. followed by their last name. This sets a respectful tone for the letter.

5. Express gratitude and apologize: Thank the addressee for their letter and apologize for causing concern with recent overdrafts on your current account. Take responsibility for not discussing overdraft facilities in advance.

6. Explain the situation: Provide an explanation for the oversight, such as overlooking the smaller balance on your current account in recent months. Assure the addressee that you expect to receive payment for several large contracts soon, eliminating the need for overdraft facilities.

7. Authorize the use of deposit account balance: Give permission to the bank to use the balance on your deposit account as security for any overdraft incurred on your current account. This ensures that the bank has a guarantee for repayment.

8. Apologize again and sign off: Conclude the letter by apologizing once more for any inconvenience caused and sign off with 'yours sincerely' followed by your name. This provides a polite and professional ending to the letter.