Letter to Bank Manager Requesting an Overdraft Facility
Task Requirements
📋Scenario
You need to extend your bank account's overdraft limit temporarily due to unexpected expenses. Write a letter to your bank manager.
✓Points to Address
- 1Introduce yourself and provide your account details
- 2Explain the reason you need the overdraft extension and for how long
- 3Assure the manager of your ability to repay and request their approval
I am writing to respectfully request a temporary extension of my current account's overdraft facility. My name is Eleanor Vance, and my account number is 123-456-7890 (sort code: 01-02-03), held at your Horizon Financial Group branch. My existing overdraft limit is £500; I require this to be temporarily increased to £1,500.
This urgent requirement stems from recent unexpected expenses, specifically significant costs for emergency car repairs and unforeseen medical consultation fees. Consequently, my current financial position necessitates a temporary uplift in available funds for approximately three weeks, aiming to cover these immediate outlays until 30th April 2024.
I am confident in my ability to clear this temporary deficit promptly. My forthcoming salary deposit, anticipated around 25th April, will comfortably cover the extended amount, enabling me to bring the account back within the standard £500 limit by 30th April. I would be grateful for your prompt consideration and approval.