An authorized signatory associated with a bank account being an important person handling all the financial transactions of the account, proper information must be furnished to the branch manager for his removal from the said post. In this regard, a letter can be written to the branch manager informing about the same. This is a sample letter to the branch manager regarding removal of an authorized signatory from bank account. The letter can be modified according to need and preference.
To
The Bank Manager
Bank Name
Bank Address
Subject: Removal of authorized signatory from bank account
Write a letter to the branch manager for adding an authorized signatory in bank account
Dear Sir/Madam,
This is to inform you that the current account bearing number (Account Number) is registered with your bank under the name of XYZ. I am writing this letter to intimate you about the removal of an unauthorized signatory for the above account.
With reference to a company meeting held on date1, it has been unanimously decided to replace the name of Mr. ABC as an authorized signatory with Mr. XYZ. From now on, Mr. XYZ will be the sole authority responsible for handling the financial transactions associated with the said account. A copy of the minutes of the meeting as well as signature of Mr. XYZ is attached for your convenience.
Therefore, you are requested to remove Mr. ABC as an authorized signatory for the account in your branch and include Mr. XYZ in his place. Your kind perusal will be highly appreciated.
Thanking you,
Yours truly,
Your name
Your Designation
Date:
Place:
Enclosure:
1. ID proof copy
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