Sample Letter To Bank For Fixed Deposit Placement

  • By: Ray Martins
  • Date: December 17, 2021
  • Time to read: 2 min.

If you have some extra cash that you want to save, there are various ways that you can use to save your money. However, one of the best ways to save the extra money you have is by opening a fixed account with your local bank and depositing the money to the fixed account. If you got to your local bank and request that you want to open a fixed account, you could be asked to write a letter. In some cases, you can request for the sample of the letter from the bank. However, if you can’t get a sample, below is an example of a letter to bank for fixed deposit placement.

Sample letter of Fixed Deposit Account Placement


The Bank Manager

Name of Bank


Address and phone number of bank

Re: Application For A Fixed Deposit Account Placement

Dear Sir

I have a current account in your bank for the last six years. The current account number is 5623157911487. I have been satisfied with the services offered by your branch and I intend to open a fixed deposit bank account with your bank where I will deposit a total sum of $ 15,000 for a period of two years. I have plans to expand my business in the next two years and thus hope to earn some interest from that money and use it in my business expansion project once two years lapse.

I would appreciate if you can process my request at your earliest convenience. I will be happy to meet all requirements. I have attached all the required documentation in this letter. In case you need anything else or you have any questions about my request, do not hesitate to call me at 784-78587-4587.

 I remain looking forward to a positive reply from you.

Kind Regards,

Emma Struthers.  

Email format Fixed Deposit Account Placement Letter

Dear Manager

It is my hope that this email finds you fine.

I am writing this email to request that you open a fixed account for me with your esteemed bank. I currently hold a current account with your bank for the last ten years. I have reviewed different fixed accounts offered by various banks and I have found that your fixed account would serve me best.

I have attached all the required documentation in this email and I hope that my request will be processed soon.

I look forward to a positive reply from you.

Kind Regards,

Joyce Janet.

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