Question

Attempt the following:

Write a letter to bank for opening a current account

Answer 1

SATURN COMPANY LTD.
Registered office: 56/E, Twilight Terrace,
Sunrise Road, Nariman Point, Mumbai - 400 021.
CIN: L40408MH2001PLC2354698

Tel no. (022) 6662 6379
Fax no. (022) 4264 8274

Website: www.saturncomltd.com
E-mail: [email protected]
Date: 30th June 2020

Ref no. N/BK/07/19-20
The bank manager,
Bank of India,
42, Abdul kalam Road, Nariman Point,
Mumbai - 400 021.

Sub: Opening of a Current Account

Dear Sir,
The Board of Directors of this Company at its meeting held on 20th June 2020, passed a resolution to open a Current Account in the name of the Company in your bank.
In accordance with the rules for opening a Current Account in your bank, we enclose herewith the following documents:

1. The prescribed Current Account opening application form duly filled in, signed, and dated
2. Certified copy of Certificate of Incorporation of the Company.
3. Certified copies of the Memorandum and the Articles of Association of the Company.
4. Certified copy of the list of the present Directors of the Company.
5. Specimen signature cards containing signatures of two Directors: Mr. Yashpal and Ms. Anamika and the Company Secretary: Mr. Ashok officially authorised to operate the Account.
6. A certified copy of the Board’s Resolution dated 20th June 2020, authorising the Company to open a Current Account with your bank.
7. Duly filled up Pay-in-slip along with Rs 10,000 (Rupees Ten Thousand Only) cash being the initial deposit.
8. Copies of PAN and TAN cards.

We undertake to abide by the rules and regulations of your bank in respect of opening and operating the bank account. You are, therefore, requested to open a current account in the name of our company. i.e, Saturn Company Ltd. and oblige us.

Thanking you,

Yours faithfully,
For Saturn company Ltd.
Sd. /
Company secretary

Encl - As above.