Bank Letter
All businesses are doing financial transactions with banks. Business without Bank is a myth. So, having business correspondence with banks is inevitable hereafter. We have to learn the business nuances of drafting letters to banks. Here are many such letters which bring into effect all the typical circumstances in which we have to do letter correspondence with banks. From the first point of opening a business to the level of expanding the business to the international level, we have to seek the help of the bank. Banks do not only have the role of financing our business operations but also the role of transforming our money to our customers and our workers. With the help of online transactions, we have to run our business.
EXAMPLE
May 5, 2009
To :
The Manager,
Bank of Murthal,
326 / H – Raman Nair Street,
Mumbai- ######.
Dear Sirs,
Reference your letter dated January 3, 2009, regarding overPlease you furnish us with a Statement of Accounts to enable us to check up on the accounts.
Yours Truly,
For ABC LIMITED
(V. RAJAN SINGH)
Managing Director
Insurance Letter
There are many reasons for taking insurance and writing insurance letters. Few insurances are compelled by law. Few others are taken voluntarily. Motor insurance is legally compulsory. Insurances like theft insurance, life insurance, medical insurance, fire insurance and accident insurance are taken by the insurer voluntarily. On many occasions in insurance, many preset forms are used. However, oftenletters are often necessary to get things done in the insurance world.
Example
6 March – 19XX
To:
The Manager,
GIE Insurance Sdn Bhd,
834 Jalan,
31000 Ipoh,
Matunga.
Dear Sir/Madam,
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