A certificate of deposit is a kind of certificate that is issued by a bank to a person for depositing money for a particular time limit at a specific interest rate and if you wish to have the same opened with a bank then you need to write a request letter for opening certificate to the bank.
This post includes a request letter for opening CD format which can be customized and used for your requirements for writing a letter that is formal as well as perfect.
Letter Format for Opening Certificate of Deposit
From:
Richard Smith
54, Henry Villas
New York
Date: June 11, 2023
To,
The Branch Manager
New Era Banks
New York
Sub: Regarding opening of certificate of deposit
Respected Sir/ Madam,
I, Richard Smith, have a savings bank account with your bank with the City Centre branch. The purpose of writing this letter to request you to open a certificate of deposit for the same account.
Here are the details of my account shared below:
Account Holder Name: Richard Smith
Customer ID: RS12345
Account Number: 89563230
Date of Opening A/c: March 1st, 2010
Amount to Invest: $ 2000
Tenure: 5 years
I request you to please share all the information in relation with the certificate of deposit for better understanding of the details like RoI, rates, penalty, if any and any other charges.
Please let me know if I need to submit any more information or documents for the process. I would like to make the investment at the earliest, so please make sure that the application gets processed fast.
Thanking you.
Regards,
Richard Smith