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Mode of Operation Letter

The firm requests to open a current account at the specified branch of Fino Payments Bank Ltd. listing the two partners of the firm. They also wish to appoint an authorized person to operate the account and take responsibility to inform the bank of any changes. The firm understands the bank will not be liable for any losses due to operations by the authorized person.

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Arjun Jain
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0% found this document useful (0 votes)
2K views1 page

Mode of Operation Letter

The firm requests to open a current account at the specified branch of Fino Payments Bank Ltd. listing the two partners of the firm. They also wish to appoint an authorized person to operate the account and take responsibility to inform the bank of any changes. The firm understands the bank will not be liable for any losses due to operations by the authorized person.

Uploaded by

Arjun Jain
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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<On Company Letter Head>

MODE OF OPERATION
Date-DD/MM/YYYY

To,
The Branch Manager
FINO Payments Bank Ltd
Juinagar HO Branch

Sub: Mode Of operation for current account- <Firm Name>

Dear Sir,

We would like to open a current account in the name of <Firm Name> at your <Branch Name> branch.
The Partners of this current account are as below:

NAME OF PARTNER Designation

1. PARTNER
2. PARTNER

We would like to appoint Mr/Ms/Mrs. <Name of Authorized Person> for doing operation in the account
opened with Fino Payments Bank. We also take the responsibility to inform the bank in case there is any
change in authorized person.

I understand that bank will not be liable in case of any loss occurred due to the operation done by the
authorized person appointed by us.

Your faithfully

For <Firm Name>

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