In case of a wrong payment being made, you can always write a wrong payment refund letter to bank. This kind of an Application to Bank Manager for Refund Money is required to include all the details about the wrong payment that was made.
We have come up with a Sample letter to bank for Refund. This is a simple Complaint Letter Template that makes a perfect Refund Letter Format for creating a customized draft of Complaint Letter for Refund of Money from Bank.
Sample Letter To Bank Manager for Wrong Money Transfer
From:
Richard Smith
45, Henry Villas,
New York
Date: July 1st, 2023
To,
The Branch Manager
New Era Bank
New York
Sub: Regarding refund of wrong payment
Respected Sir/ Madam,
I, Richard Smith, am associated with your bank from last eight years and I maintain a savings bank account with your bank bearing the account number 123456.
I am writing this letter to bring to your notice that while making an online transaction on July 1st, 2023 of $ 85, I made a wrong payment to a different merchant who was added as a beneficiary in my account. Therefore, I would like to request you to have this payment reversed and have the money refunded back to the source i.e. my savings account.
Shared below are the details of the transaction:
Transaction ID: 789456
Transaction Date: July 1st, 2023
Transaction Time: 13.02 pm
Account Number: 123456
Amount to be refunded: $ 85
If there is any more information that you need from my end then please call me at 9898989898.
If there is a certain amount that is required to be reversed to your bank account then you can always write an Application to Bank Manager for Refund Money by using the Sample letter to bank for Refund. There are Complaint Letter Templates that help you create a Complaint Letter for Refund of Money from Bank.
This post includes a sample letter to bank manager for reversal of money. You can use this Refund Letter Format which can be personalized for creating a letter that rightly fits in your needs.
Application to Bank Manager for Reversal of Money
From:
Richard Smith
45, Henry Villas,
New York
Date: June 27th, 2023
To,
The Branch Manager
New Era Bank
New York
Sub: Regarding reversal of money.
Respected Sir/ Madam,
I, Richard Smith, am a account holder in your bank from last ten years and I maintain a preferred savings account bearing account number 123456.
On May 24th, 2023, I received an SMS from your bank that I have been charged for the debit card that has been issued by your bank and annual charge of $ 50. I would like you to reverse these charges and reverse the money into my account because the debit card that I have been issued with does not come with any annual charges and I have been given it free of any charges as I maintain a handsome sum of money in my account.
I would like you to kindly look into the matter and have the money reversed into my account. Here are the details of the transaction for your reference.
Transaction ID: 789456
Transaction Date: May 24th, 2023
Transaction Time: 13.02 pm
Account Number: 123456
Amount to be refunded: $ 50
If you have any further queries then please call me at 9898989898.
We are enclosing a signed power of attorney authorizing [AUTHORIZED PERSON’S Name AS ATTORNEY, ex. Joana Jonson] to perform banking on behalf of our company.
We would request you kindly please retain this power of attorney in your files and make the necessary internal changes to ensure that [AUTHORIZED PERSON’S Name AS ATTORNEY, ex. Joana Jonson] is recognized as having this authority.
Letter of Confirmation of Deferral of Mortgage Payment
[DATE, ex. Friday, December 9, 2011]
[NAME, COMPANY AND ADDRESS, ex.
Tim Williams
ABC Bank
123 Lane
Area 456
City, State, Pin Code]
Dear [NAME, ex. Tim Williams],
This is in reference to the mortgage loan from your bank to me in the original principal amount of $[AMOUNT OF MORTGAGE LOAN] over our property at [MORTGAGED PROPERTY’S ADDRESS].
We hereby confirm that the principal sum of $[AMOUNT] which was due on [DUE DATE OF PAYMENT, ex. October 30, 2011] was not paid, and that you are agreeable to deferring payment of this amount to [DATE PAYMENT DEFFERRED TO, ex. January 3, 2012].
We further would like to assure you that we will continue to pay interest on the full amount of the principal outstanding under the mortgage at the rate provided in the mortgage until the principal has been repaid in full.
Yours faithfully,
[Your name, ex. Joseph Phelps]
The undersigned hereby acknowledges his/her agreement with the foregoing.
We really appreciate and encourage your keen interest in submitting an idea or your proposal to us: _ Our company receives several ideas, suggestions and proposals and we have many of our own projects under process. Therefore, it might be possible that the idea or proposal you submitted to us has already been considered and/or may already be in the planning stages. Nonetheless, we would be delighted to accept your idea or proposal for review, provided if you this acknowledgement letter. It is understood that: 1. Samples or other submissions will be returned to the submitter only if return postage or freight is prepaid. 2. The company accepts no responsibility for casualty or loss to samples in our possession. 3. The company can accept no responsibility for holding any information in confidence. 4. The company shall pay compensation only in the event it, a) accepts the proposal, b) has received the idea only from the submitter, and c) reaches agreement with the submitter as to terms and conditions. If these terms are acceptable to you, please sign below and return together with your idea or proposal to us.
Yours faithfully,
The above mentioned terms and conditions are understood and acknowledged. _______________________________ Submitter
I am writing this letter to hereby authorize and direct to debit your account [ACCOUNT NUMBER, ex. 987654321] in the amount of [DEBIT AMOUNT, ex. $4569.03] in payment of [NATURE OF DEBIT, ex. your house loan commitment fee].
This shall be your good and sufficient authority for so doing.
[NOTE: IF MORE THAN ON SIGNATURE IS REQUIRED ON ACCOUNT, MAKE SURE BOTH BANK SIGNING OFFICERS SIGN LETTER]
AUTHORIZATION LETTER TO BANK TO RELEASE ACCOUNT INFORMATION TO FINANCIAL ADVISOR
[DATE, ex. Thursday, July 28, 2011]
[NAME, BANK NAME AND ADDRESS DETAILS, ex.
Danny Graham
ABC Bank
123 Lane
Area 456
City, State, Pin Code]
Dear [NAME, ex. Mr. Graham],
You are hereby requested to issue an authorization letter to [INDIVIDUAL’S Name OR Name of the COMPANY] of all banking information requested by [him / her / it] relating to their Account No. [ACCOUNT NO.,ex. 987654321].
This shall be your good and sufficient authority for so doing.
This is in the reference to our recent telephonic conversation regarding our company’s credit and banking requirements.
As you know, we are a growing venture with correspondingly increasing capital requirements. We have enclosed for your information, our recent financial statements along with our business plan and budget for the coming fiscal year.
Based upon our forecasts, we anticipate requiring a credit facility of approximately [AMOUNT OF CREDIT FACILITY, ex. $975,000].
We would request you to kindly provide us with a financing proposal which you think would satisfy our requirements. For any queries, please feel free to contact me directly.
Thank you in advance for your anticipated co-operation. I would greatly appreciate your executing this request at your earliest convenience.
CONFIRMATION REQUEST THAT BANK HAS NO INTEREST IN SPECIFIC EQUIPMENT
[DATE, ex. Monday, November 28, 2011]
[NAME, BANK AND ADDRESS, ex.
Danny Graham
ABC Bank
123 Lane
Area 456
City, State, Pin Code]
Dear [NAME, ex. Mr. Graham],
We intend to purchase [DESCRIPTION of ITEM PURCHASED, ex. equipment described as an Extra power 5 Ton Lifter, Serial No. 123456, together with peripheral equipment] from your customer, [BANK CUSTOMER’S NAME, ex. PQR Corp.]. We are aware that you have registered security against the assets of [BANK CUSTOMER’S NAME, ex. PQR Corp.].
We would appreciate if you could confirm to us in writing that you have released any and all interests you may have in this equipment, so that we can proceed with our purchase.
Thank you in advance for your anticipated co-operation.
For any queries, please feel free to contact me directly.
