A request letter for FATCA (Foreign Account Tax Compliance Act) updation is a formal communication addressed to the manager of a financial institution, specifically an Asset Management Company (AMC), requesting the update of FATCA information in their records. It is crucial to maintain clarity, politeness, and inclusion of all necessary details such as folio number and enclosed documents to facilitate the updation process effectively.
Sample Letter Regarding FATCA Updation
To,
The Manager,
_________ (AMC Name),
_________ (Address)
Date: __/__/____ (Date)
Subject: Updation of FATCA
Respected Sir/Madam,
My name is _________ (Name) and I do hold a ____________ (Mutual funds) mutual funds bearing folio number __________ (Folio Number).
I am writing this letter to request you to kindly update FATCA in records. I am enclosing ____________ (FATCA form/ KYC/ and all other relevant documents) along with this letter for your kind reference. I shall be highly obliged for your kind response.
Thanking You,
___________ (Signature),
___________ (Name),
___________ (Contact Number)
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Sandeep Bhandari