South Carolina Sample Letter for Request to Waive Bank Fee

State:
Multi-State
Control #:
US-0615LR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

Subject: Request for Waiving Bank Fee — Account [Account Number] Dear [Bank Representative's Name], I hope this letter finds you well. I am writing to request the waiver of a bank fee that was recently charged to my account [Account Number]. I have been a loyal customer of [Bank Name] for [Number of years] and have had a satisfactory experience with your services so far. Recently, due to an unforeseen circumstance, I inadvertently incurred a bank fee of [Amount] on my account. While I understand that such fees are generally applied as per the terms and conditions, I kindly request your consideration in waiving this particular fee based on the following circumstances: 1. Financial Hardship: Due to a sudden medical emergency in my family, I faced unexpected expenses that strained my financial situation. This unexpected burden led to a temporary lack of funds in my account, resulting in the assessed fee. 2. Error on My Part: I acknowledge that my oversight in managing my account balance contributed to the fee being levied. However, it was genuinely unintentional and a result of the aforementioned extenuating circumstances. 3. Long-standing Relationship: As a dedicated customer of [Bank Name] for [Number of years], I have maintained a consistent record of timely payments, responsible account management, and above-average creditworthiness. This incident is an isolated occurrence and does not reflect my usual financial behavior. Given the above context, I kindly request that you review my account history and consider waiving the bank fee in question. I greatly value my relationship with [Bank Name], and I believe this waiver would not only alleviate my temporary financial distress but also reinforce the trust and loyalty I have in the bank. I understand that decision-making regarding fee waivers is typically discretionary, but I humbly ask you to consider my request favorably. Should you require any additional documentation or information to support my appeal, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address]. Thank you for your attention and understanding. I sincerely hope that [Bank Name] will consider this request and continue to facilitate a mutually beneficial banking relationship. Yours faithfully, [Your Name] [Your Address] [City, State, ZIP] [Your Account Number]

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FAQ

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.

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.

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.

Call the admissions office of the college or university you plan on applying to and ask what their fee waiver policy is. Many schools have very simple processes in place for fee waivers, and might just request you send in a letter from your guidance counselor or mentor that explains your financial situation.

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...?

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 request you to kindly accept my sincere apology and if possible waive the late fee penalty of (amount). Also, I ensure this will not be repeated. I shall be highly obliged for the same.

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.

More info

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South Carolina Sample Letter for Request to Waive Bank Fee