HTML Preview Request For Fund Transfer Letter page number 1.
The request letter for the fund transfer shall be as per the format given below:
[On the letter head of the Non - Clearing Member]
To, Date: ____________
_______________________ (Name of Clearing Member)
_______________________ (Address of Clearing member)
Sub: -Application for transferring Funds from Member Deposit to Segregate Account of
__________________________ (Name of Bank).
Sir,
This is for your kind notification that, as the non availability of Internet Bank/Bank Holiday (Reason
Should be Stated here) of ________________________(Name of Bank) we here by request you to transfer
funds for our following clients to safe guard their position against Margin Call to maintain the equity.
Sl no Client Name Client Account No Amt to be Transferred
Total amount
Kindly transfer the total amount of Rs: ___________ to our Segregate a/c as per the above details.
We hereby acknowledge that, we will recoup the deficit amount in our Member Deposit A/c within
_________________ (dd/mm/yyyy) prior to 12 noon. In case of non-compliance to MEX byelaws and
rules of the exchange and unable to fulfill the minimum deposit requirement in the above said account, we
permit MEX to take necessary steps.
Thanking you,
Sincerely,
___________________________
Name of NCM authorized Signatory
NCM Seal & authorized signature
NCM Membership No:
Approved By, Date: CM Seal & authorized signature Time: