Reply to Customer about Conversion of Account from Bank Official

Reply to Customer about Conversion of Account from Bank Official

[This is a sample Reply letter to Customer about Conversion of Account from Bank Official. A customer can request to Bank for Converting Single Account into Joint Account or Joint Account into Single Account. Then it is a reply letter. You can modify this format as your requirement.]

Date…

Customer name…

Job Designation…

Address…

Sub: Reply to Customer about Conversion of Account

Dear (Name),

Re: You’re S.B. A/c No. ____________ with us.

We are in receipt of your letter dated (Date) as per your request we agree to convert your above-quoted account into joint account by joining (Company Name) with you. Some preliminaries are, however, required to be done by you whom we detail below:

Please sign the two Savings Bank Account specimen signature cards being sent to you herewith. (Requirement) The two cards should bear your signatures and the signatures of (Name) at places marked ‘1 and ‘2’ respectively. Also please state the basis on which the account is to be operated on one signature or both.

We are also enclosing a letter of authority for you to fill up and sign. On receipt of this, we will be empowered to transfer your single name Savings Bank account into a joint account bearing both names as desired by you. We shall do the needful after we receive from you the two specimen signature cards and the authority letter and inform you accordingly.

Yours faithfully,

Bank management…

Bank name and Address…