A request letter to waive bank fees is written by the customer of a bank to bank authorities requesting them to waive the bank fees for various reasons, as may be illustrated. A bank fee may be accumulated in the account of a customer for receiving a service that is not a routine bank function.
Bank fees may also collect if the customer defaults on loans, debts or if the customer maintains a bank overdraft. A bank fee may be deducted from the savings account of a customer. To avoid excessive loss of money through bank fee payments, the customer may request the bank to waive off the fees.
The letter must be formal and concise. It must be addressed by the customer who is requesting a waiver and not any representative. The letter must include precise details as to the account number and other personal information of the customer.
The letter must be courteous. Precise reasons for the request of a bank fee waiver must be mentioned, and the financial burden these fees may cause on the customer must be eloquently stated. The letter must be written lucidly and humbly.
Tips for Writing a Letter Requesting Waiver of Bank Fees
- The letter must be formal.
- The letter must include all the necessary details regarding the account information and customer information.
- The letter must clearly, yet concisely state the reason for such a request.
- The tone of the letter must be persuasive but also humble.
Template
Use our free Requesting Waiver of Bank Fees Letter to help you get started. If you need additional help or more examples, check out some of the sample letters below.
From,
__________
__________
__________
__________
Date: _____ (Date on Which Letter is Written)
To,
__________
__________
__________
__________
Subject: Requesting Waiver of Bank Fees.
Dear _____(Sir or Madam),
This is to bring to your attention that I, _______ (name of customer) am a customer of the ________ (name of the bank and branch) and have a savings account bearing the number ________ (account number). I was recently intimated via mail that a sum of _______ (sum and currency) had been charged for _____ (bank expense details). The mail also notified me that the said amount would be deducted from my savings account.
Upon scrutinizing my bank details, you will be made aware that I am a student living away from my parents. The sum of _____ (sum and currency) is indeed an excessive amount, and I cannot afford to pay it. I, therefore, request you to waive the said amount. I was made aware that your bank issues waivers to students on a discretionary basis. I request you to kindly consider the same and waive the said amount of bank fees that are due from me.
Please feel free to contact me if you require additional information. I would be truly grateful if this request is accepted.
Thank you,
Regards,
________
(name and designation)
Sample Letter
From,
Abigail Adams
First Lady Street,
Pennavenn Road,
Utopia.
Date: March 12, 1499.
To,
Abhishek Aravla
Chief of Finances,
Bank of Utopia,
Utopia.
Dear Sir,
Subject: Requesting a Waiver of Bank Fees.
This is to bring to your attention that I, Abigail Adams, am a customer of the Bank of Utopia, West Branch and that I have a savings account bearing the number 00XX00XX00. I was recently intimated via mail that a sum of 15000 Francs had been charged for money transfers and other miscellaneous services. The mail also notified me that the said amount would be deducted from my savings account.
Upon scrutinizing my bank details, you will be made aware that I am a student living away from my parents. The sum of 15000 Francs is indeed an excessive amount, and I cannot afford to pay it.
I, therefore, request you to waive the said amount. I was made aware that your bank issues waivers to students on a discretionary basis. I request you to kindly consider the same and waive the said amount of bank fees that are due from me.
Please feel free to contact me if you require additional information. I would be truly grateful if this request is accepted.
Thank you.
Regards,
Abigail Adams.
Email Format
The following is the Email Format to be followed for a Bank Fee Waiver Request Letter.
To: name@email.com
From: name@email.com
SUBJECT: Bank Fee Waiver Request Letter.
Dear Mr./Ms/Mrs.______(Name of the recipient)
This is to bring to your attention that I, _______ (name of customer) am a customer of the ________ (name of the bank and branch) and have a savings account bearing the number ________ (account number). I was recently intimated via mail that a sum of _______ (sum and currency) had been charged for _____ (bank expense details). The mail also notified me that the said amount would be deducted from my savings account.
Upon scrutinizing my bank details, you will be made aware that I am a student living away from my parents. The sum of _____ (sum and currency) is indeed an excessive amount, and I cannot afford to pay it. I, therefore, request you to waive the said amount. I was made aware that your bank issues waivers to students on a discretionary basis. I request you to kindly consider the same and waive the said amount of bank fees that are due from me.
Please feel free to contact me if you require additional information. I would be truly grateful if this request is accepted.
Thank you.
Regards,
________