Letter Disallowing Money Transaction by Employees

If you have come across any information in your company in relation with employees engaging in money transaction then you must with an immediate effect, write a formal letter to all the employees prohibiting them for such acts.

Given below is a sample format for letter disallowing money transaction by employees. Customize this professional letter to create your own draft.

Letter Format of Disallowing Money Transaction by Employees



XYZ Development Bank

42 Richmond Street,

New York

Date: 25th August, 2016


All Employees,

XYZ Development Bank

Sub: Regarding Money Transactions

The Management has come across information that states that some of the employees of our company are participating in money transactions with other employees i.e. they are indulged in running private chit funds and lending finance against interest.

We would like to bring to your notice that the Company doesn’t allow any lending or borrowing of money or any other money transaction without the consent of the management and act of this sort is against company rules. Therefore, all the employees who are engaged in this practice are advised to immediately discontinue such practices.

If anyone is found engaged in practices of this nature, strict actions will be taken against that employee.

Reynold Raymonds


XYZ Development Bank

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