Writing an effective request letter to the bank for the issuance of an EDC machine requires clarity and politeness. Clearly state your name, account details, and the purpose of the request. Specify the type of machine needed and provide necessary business details. Ensure to enclose any required documents and express willingness to comply with terms and conditions. Avoid unclear language and include all necessary details for the bank to process the request efficiently.
Sample Application to Bank for Issuance of EDC Machine
To,
The Branch Manager,
_____________ (Bank Name),
_____________ (Branch Name/ Address)
Date: __/__/____ (Date)
Subject: Request letter for issuance of EDC machine
Respected Sir/Madam,
I would like to state that I am _________ (Name) and I am a ___________ (Saving’s/ Current) account holder in your branch for last _______ (Duration) months/ years bearing account number __________ (Account Number) . I reside at _________ (Residential Address).
Respected, I have a business with name M/s ___________ (Company/ Business name) located at ____________ (Company Address). As I have to go through __________ (average no. of transactions) transactions I wanted to opt for the EDC /Swipe/POS machine that would help my customers in making cashless payments using their ______ (Credit cards/ Debit cards/payment wallets). I shall be highly obliged if you help me out by doing the same at the earliest.
I hereby accept all terms and conditions for issuance and ensure that all monthly rental charges will be paid in time.
You may find all the required _________ (EDC application form/ KYC documents) enclosed with this letter.
Yours Truly,
__________ (Signature)
__________ (Your Name),
__________ (Account Number),
__________ (Contact Number)
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Sandeep Bhandari