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To avoid excessive loss of money through bank fee payments, the customer may request the bank to waive off the fees. The letter must be formal and concise. It must be addressed by the customer who is requesting a waiver and not any representative.
I am writing this to you for a consideration in waiving or reducing the charges made on my account (account number) on (date) for being late in paying the instalment for the home loan I took from the bank.
I am writing this letter to inform you that late payment charges of Rs, (Amount) have been added on my package for (Name of the month/Number of Days). The reason for not paying the amount on time is (Mention a genuine reason). I request you to please waive off the charges.
Components of a waiverGet help. Writing a waiver should not be complicated.Use the correct structure. Waivers should be written in a certain structure.Proper formatting.Include a subject line.Include a caution!Talk about the activity risks.Do not forget an assumption of risk.Hold harmless.More items...?
I am writing to explain my financial hardship and request a waiver for my application fee for admission to your school. I am provide the details about yourself, such as the school you attend. I've always been into state why you are interested in the program you are applying to.
When negotiating a fee waiver, it's important to be specific and straightforward. Call the bank, mention the fee you incurred and say you would like to have it waived by the bank. If the bank isn't immediately open to helping you, try to show you're a valuable customer.
The Waiver Letter or Waiver Agreement is a document that confirms that a party has surrendered or waived their rights. This document is used when a party decides to give up their rights or claim to relieve the other party from liability.
I believe my bank must support me at a difficult time as this and grant a waiver on the charges allotted to me. This is a onetime request which I believe can be granted to me for the benefactor role I play as an account holder to this bank.