In some situations, we are required to submit certain funds with the company or educational institution before progressing with a project or assignment. These funds are supposed to be released once the project is over but in case these funds are not released then we need to write a request letter for fund release. There are all kinds of fund request letter formats and samples available online. You can use the request letter for bank to release funds or funding request letter for small business depending upon your situation.
We have come up with a request letter for fund release from company template. You can use this sample letter for request for authorization to release funds to create your own draft.
Request Letter Sample For Fund Release
Date: September 8th, 2021
Mr. Gerard Knot
Dear Mr. Gerard,
I am writing this letter with reference to the contract number 123/789 related to setting up the software for your new hotel at California. We are happy to inform you that the project is complete.
The purpose of writing this letter is to request you to kindly release the retention payment against contract number 123/789 that is hold by your company. I would also like to inform you that the total remaining payment is $ 25,000. I, therefore, request you to please assist us in having the retention amount released at the earliest.
Our company assures you that we will always be there to provide you with the best of our services and support.
Thanking in anticipation.