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Application Letter Format For Bank Account Transfer

Sample Application letter format for bank account transfer

Sub: Bank Account Transfer

Dear Sir/Madam,

My name is XYZ and I hold a savings bank account with your bank. My account number is 12345, which I am maintaining with your branch for 18years.

Two years back I have requested for bank account transfer to my native which was not executed till now. As I am a retired pensioner it is highly impossible for me to travel such a long distance of 150 kms almost every month for past two years to retrieve my money and for any other further clarifications.  But still I do managed to do the task as I liked your service and for long term relationship that I had with your bank. Whenever I asked about the reason for not transferring my account to the native, I was always given the solution of opening a new account at my native as there is no other way left with the bank. Inspite of my easiness to open a new account and its advantages, I really do not want to end by long term banking relationship and 18 years old bank account just like that.

Recently I came to know about a notification of RBI, in which a special mention about CBS (core banking solution) and KYC (Know your customer) was made. As far as my knowledge this system of CBS when adopted by a bank would help the branches to share their customer’s KYC and hence whole of their information. Though I don’t know the technical difficulties in this process, kindly let me know if the bank and the branch in my native are equipped with CBS and if so, that they could help my bank account to be transferred to the native branch, without any change in my account number and my past transactions.

Hence if there is any chance in doing the same, I kindly request you to do the needful and send me the documents that I have to sign for the transfer of the accounts to my native branch, as it would be highly helpful to spend rest of my days peacefully without any tension of travelling to the existing branch. If there remain any charges pertaining to this transfer, I request you deduct the same from my savings account with your branch. For further clarifications or queries you can contact me in this number 1234567891.I am expecting an early reply from you.

Thank you

Yours Respectfully,

Points to remember:Application letter format for bank account transfer

Convey for what this letter is meant for.

Convey your gratefulness for the eligibility criteria.

Convey your experience / your educational qualification.

Convey your expectation for this application letter.

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