ADVERTISEMENTS:

Sample Letter from Customer to Bank Requesting for Overdraft Facilities

Dear Sir,

We are running a current account with you, in the name of ____________ (Company Name) for the last ten years.

This account has regularly been maintained and our balance has always been well above the minimum limit prescribed by you.

ADVERTISEMENTS:

We have recently received an import licence from the government and our first consignment valuing ____________ (Amount) is arriving early next week. We are therefore in need of an overdraft for ____________ (Amount) for a period of ____________ (Month & Date).

Should you require, we can offer Insurance Policies worth ____________ (Amount) as security against the same?

Please favour us with your reply per return.

Yours faithfully,
(Your Name)