When drafting a letter to the bank for the addition of an authorized signatory, it's crucial to maintain clarity, politeness, and completeness. Clearly state the type of account, current authorized signatories, and the name of the individual being added. Enclose all necessary documents such as a copy of the board resolution. Provide contact information for further communication.
Sample Letter to Bank for Addition of Authorized Signatory
To,
The Branch Manager,
___________ (Bank Name),
___________ (Branch Address)
Date:__/__/____ (Date)
Subject: Addition of authorized signatory
Respected Sir/ Madam,
I/we would like to state that we do carry a ___________ (Current/Limit/OD) account in your branch in the name of _________ (Name). The account number is ____________ (Account Number).
As per the board of resolution Mr./Mrs./Ms. _____________ (Name of the Person) is added as an authorized person for our company. Therefore, I am writing this letter to request the addition of Mr./Mrs./Ms. _____________ (Name of the Person) as an authorized person so that the above-said person may handle monetary transactions as per the board resolution.
Along with this letter, we are enclosing all necessary documents and a Copy Of the Board Resolution. I shall be highly served for your kind service.
Should you have any queries, you may contact me at: _________ (Contact Number) or ___________@_______._____ (Email ID).
Thanking You,
For,
____________ (Stamp and Seal),
____________ (Name)
____________ (Company Name)
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Sandeep Bhandari