An overdraft facility in a bank account is really useful in emergency situations. However, you can apply to cancel to the overdraft facility when you no longer require it. This is a sample letter to the branch manager for allowing overdraft facility. The letter can be modified according to need and preference.
To
The Bank Manager
Bank Name
Bank Address
Subject: request for temporary overdraft facility
Dear Sir/Madam,
I, (Your Name), am a current account holder in your esteemed bank bearing number (Account number). With reference to the letter dated (Date1), I would like to take the opportunity to thank you for providing me temporary overdraft facility on such a short notice.
I am currently in a position to manage my business fund on my own and would not require the overdraft facility any longer. Hence, I am writing this letter to cancel my temporary overdraft facility.
The necessary overdraft amount along with charges can be deducted from my account. I am happy to oblige with any other formalities as required by the bank.
This
is for your kind information and necessary action.
Yours
truly,
Your name
Your address
Date:
Place:
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Write a letter of request to the branch manager for allowing overdraft facility
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