When writing a request letter to a bank for adding a Letter of Authorization (LOA) holder to an account, it's essential to maintain clarity and politeness. Clearly state your name, account details, and the purpose of the letter. Specify the individual you wish to authorize and the permissions granted to them. Attach any required documents and express willingness to take responsibility for transactions made by the authorized person. Avoid vague language and ensure all necessary details are included for a smooth processing of the request.
Sample Letter to Bank for Addition of LOA Holder in Account
To,
The Manager,
__________ (Bank Name),
__________ (Address)
Date: __/__/____ (Date)
Subject: Addition of LOA Holder
Respected Sir/ Madam,
My name is _______ (Name) and I do hold an ________ (NRE/NRO) account in your bank bearing account number __________ (Account Number).
I am writing this letter to request you to kindly add the undersigned person as LOA for my bank account. I authorize the mentioned person i.e. _________ (Name) to _______ (accept /make or draw any payments/ cheques) from my bank account. I request you to kindly proceed with the procedure for adding LOA to my bank account.
I hereby agree that I shall be held liable for any transaction being done by the authorized person from my bank account. I am hereby attaching a copy of ___________ (LOA Request form/ ID & Address Proof/ All other relevant documents). I look forward to hearing back from you.
Thanking You
__________ (Signature and Name of Account holder)
__________ (Contact Number)
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Sandeep Bhandari