101 Business Letter

Letter To Bank To Request For An Overdraft

letter to bank to request for an overdraft

Below is the sample letter to bank to request for an overdraft :

Your Name
Company Name
Street Address
City, ST ZIP Code
Date

Recipient Name
Title
Organization Name
Street Address
City, ST ZIP Code

Dear Recipient Name:

We are in immediate need of USD120,000 overdraft facility. This is because of an unexpected increase of demand for industrial cleaning equipment. We shall have to increase our import for basic parts from Taiwan.

Please let us know the terms that you can offer for this sum. We need the facility for a period of three months only.

Thank you.

Sincerely,

Your Name

More financial matters

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