How to Tailor the Document for Your Need?
01
Create Document
Click "Create Document" button and the document will be prepared with your account details automatically filled in.
02
Fill Information
Please fill in any additional information by following the step-by-step guide on the left hand side of the preview document and click the "Next" button.
03
Get Document
When you are done, click the "Get Document" button and you can download the document in Word or PDF format.
04
Review Document
Please review the document carefully and make any final modifications to ensure that the details are correct before sending to the addressee.
Document Preview
Document Description
The document titled 'Demand Draft' is a letter that is used to request the cancellation of a demand draft. The demand draft is a form of payment that is issued by a bank and is similar to a check. It is a secure and convenient method of transferring funds. The letter is addressed to the branch manager of the bank where the demand draft was issued.
The letter starts with the current date and the name of the branch manager. The subject of the letter is 'Cancellation of Demand Draft'. The sender addresses the recipient in a polite manner, using appropriate salutations such as 'Dear Mr./Ms./Miss./Mrs. [Recipient's Name]'.
The sender then explains that they had previously requested a demand draft on a specific date, favoring a certain individual or entity. However, due to the closure of the receiver's account, the sender now wishes to cancel the demand draft. The sender provides the details of the demand draft, including the demand draft number and the amount.
The sender further requests that the funds from the cancelled demand draft be credited to their own bank account, which is specified by providing the account number and the name of the bank branch. The sender also authorizes the bank to collect any fees associated with the cancellation of the demand draft.
The letter concludes with a polite expression of gratitude and the sender's signature. The sender includes their first name and last name, which are associated with their bank account.
In summary, the document is a formal letter requesting the cancellation of a demand draft and the transfer of funds to the sender's bank account. It provides all the necessary details and follows the appropriate format for such a letter.
How to use this document?
To use the 'Demand Draft' document effectively, follow these steps:
1. Start by entering the current date at the top of the letter.
2. Address the letter to the branch manager of the bank where the demand draft was issued.
3. Clearly state the subject of the letter as 'Cancellation of Demand Draft'.
4. Begin the letter with a polite salutation, addressing the recipient as 'Dear Mr./Ms./Miss./Mrs. [Recipient's Name]'.
5. Explain that you had previously requested a demand draft, providing the date and the name of the individual or entity it was favoring.
6. State the reason for the cancellation of the demand draft, which could be the closure of the receiver's account.
7. Provide the details of the demand draft, including the demand draft number and the amount.
8. Request that the funds from the cancelled demand draft be credited to your bank account, specifying the account number and the name of the bank branch.
9. Authorize the bank to collect any fees associated with the cancellation of the demand draft.
10. Conclude the letter with a polite expression of gratitude and your signature.
11. Make sure to include your first name and last name, which are associated with your bank account.
By following these steps, you can effectively use the 'Demand Draft' document to request the cancellation of a demand draft and the transfer of funds to your bank account.
Related Documents
