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Sample Letter to Bank Manager for Wrong Money Transfer to Another Account
Are you trying to figure out how to send a letter to the bank manager about a wrong transaction? After reading this post, send a professional letter to your bank manager.
If you accidentally send money to the wrong bank account, you can ask the bank manager to hold the funds in the beneficiary account so that the recipient cannot use them. In the interim, you or the bank can contact that person and urge that they return the funds.
You may learn how to write a letter to the bank manager for incorrect bank transactions and obtain a sample letter format by visiting this page.
Wrong transactions occur occasionally during financial transfers via internet banking or by bank employees. In some cases, the incorrect transaction may go unnoticed. This should be communicated to the relevant bank via a letter to the bank management. Here’s an example of a letter to alert them of the situation. After reading this sample letter, I hope you will have a better understanding of how to format a letter.
Table of Contents
10 Best Sample Letters for Wrong Transactions
SAMPLE LETTER-1
Date:
To,
The Bank Manager,
Axis Bank (Name of the beneficiary bank)
Branch:
Address of the bank
Subject: Concerning a money transfer to the incorrect account
Respected Madam/Sir,
My name is___________I used my online banking to make a transaction of Rs.__________ on_________.
Mr./Mrs.______________ with account number___________ was meant to receive the money. However, the money was sent to the account number__________ by mistake.
I’d like to point out that the transaction number is__________, and the wrong recipient received the funds, according to my statement.
I’m writing to ask for your assistance in getting my money back. I’ll be grateful if you can help me.
Sincere Regards,
Signature
Mobile Number:
SAMPLE LETTER-2
Date:
To,
The Bank Manager,
State Bank of India (Name of the beneficiary bank)
Branch:
Address of the bank
Subject: Wrong Money Transfer to Another Account
Dear Madam/Sir,
I’d like to state that I am a resident of (Address). In your bank, I have an account with account number _________in my name.
By mistake, a sum of Rs._________ has been credited to Mr/Mrs.__________(Name account)’s instead of my account. _____________is the transaction number, and the date is (dd-mm-yyyy). I was completely unaware of this type of erroneous transaction. It was an incorrect transaction, and I am seeking that you confirm this as quickly as possible.
On top of that, I attempted to contact the incorrect amount recipient.
However, he refused to return the money, claiming that it was my responsibility. In fact, he advised me that he would not reimburse my money unless the bank took action.
Please take the necessary step towards this matter.
Thanks & Regards
(Your Name)
Signature
Mobile Number:
SAMPLE LETTER-3
Date:
To,
The Bank Manager,
Bank of Baroda (Name of the beneficiary bank)
Branch:
Address of the bank
Subject: Complaint for Wrong Money Transfer to Another Account
Respectfully, Sir/Madam,
For your information, I would like to indicate that I am a resident of (address of the sender). I have an account at your bank under my name, and the account number is (account no.) An amount of (describe the amount) has been incorrectly credited to Mr/Mrs.___________ (name of the receiver account) rather than Mr/Mrs.________________ (name).
The transaction number is__________ (mention transaction number) and the transaction date is (dd-mm-yyyy). Because it was a large sum, I am requesting that you please verify this situation as quickly as feasible.
Previously, I attempted to contact the individual who had received the money by mistake, but he refused to cooperate with me. He informed me that he will not refund my money until the bank takes the initiative.
Because I have been unable to fix the problem on my own, I am asking your assistance.
I anxiously await your institution’s assistance with this difficult situation of mine.
Thank you and regards,
Thanks & Regards
(Your Name)
Signature
Mobile Number:
SAMPLE LETTER-4
Date:
To,
The Bank Manager,
Punjab National Bank of India (PNB) (or Name of the beneficiary bank)
Branch:
Address of the bank
Subject: Letter for Wrong Money Transfer to Another Account
Respectfully, Sir/Madame,
I’m writing to draw your notice to a problem with the transaction procedure. I live near your branch in ___________(address of the sender). I have an account at your bank __________(name of the bank) in my name__________, and the account number is __________(account no.). A substantial sum of money__________ (particular amount) has been mistakenly credited to Mr/Mrs. ________(name of the receiver account ) instead of Mr/Mrs._____________ (name).
The transaction number is (transaction number), and the date of the transaction process is (transaction date)_______ (dd-mm-yyyy). Because it was such a significant sum, I am begging that you please verify this situation and assist me as quickly as possible.
When I became aware of the situation, I made every effort to contact the individual who had received the money in error, but he flatly refused to assist me. He informed me that he could not refund the money without the bank’s formal declaration. As I have been unable to handle this problem on my own, I am genuinely begging that you assist me in recovering my funds.
I am hopeful that I will be able to obtain your institution’s assistance in resolving this issue very soon.
I hope you will consider my plea and comply with it.
Thank you and regards,
Yours sincerely,
(Signed with a handwritten signature) (Date)
SAMPLE LETTER-5
Date:
To,
The Bank Manager,
HDFC Bank (or Name of the beneficiary bank)
Branch: Dwarka
Plot No 7, 1st Floor, Pankaj Plaza Dwarka, Sector 11. New Delhi – 110075 (Address of the bank)
Subject: Application for Wrong Money Transfer to Another Account
Respected Sir/Ma’am,.
I would beg to say that.
My name is Poonam Pandey, and I live in Sector 11, Near HL Square Market, New Delhi, Delhi 110075. In your bank, I have account number 0710801000000. Please take note that transaction 23546921 (Date.) 12/08/2021 was incorrectly credited to my account in favor of Harbajan singh rather than Kapil Sharma account.
I’m hoping you can assist me with this.
I will be highly grateful to you if you look into the matter and do the needful at your earliest.
Yours sincerely
Poonam Pandey
Mobile Number:
SAMPLE LETTER-6
Date:
To,
The Bank Manager,
ICICI Bank (or Name of the beneficiary bank)
Branch:
(Address of the bank)
Subject: Application for Wrong Money Transfer to Another Account
Respected Sir/Ma’am,
The account transaction for the month of (name your transaction month) corresponds to our Rs.3000 debit transaction. Because there was no transaction from our end, there should be no deduction amount in our account, yet we still have a transaction of Rs.3000.
This might have been the outcome of certain error on the part of the banking sector. We anticipate that your verification will fix the erroneous transaction and refund our deductible funds following any required adjustments.
Thanking You,
Yours faithfully,
Signature
Account Holder Name,
A/c No. ___________________
Contact:
SAMPLE LETTER-7
Date:
To,
The Bank Manager,
Bandhan Bank (or Name of the beneficiary bank)
Branch:
(Address of the bank)
Subject: Application for Wrong Money Transfer to Another Account
Respected Sir/Ma’am,
I have a savings account at your branch using your branch account number. (Insert your account number here.) I’d want to notify you about this. On August 12th, 2021, I transferred an amount from my account to another incorrect account for Rs.5500.
I needed to transfer money immediately to Mr. Zubair, whose account number is 4586354582, but I accidentally sent it to 4586354583, which was incorrect. In the evening, I made this erroneous transfer using my phone’s UPI transfer payment option, reference number 54GSHD.
As a result, I respectfully beg that you assist me in reverting the incorrect transfer of the my money as quickly as possible.
I shall be highly obliged and grateful to you if you kindly look into this and at earliest.
Thanking You
Yours sincerely
(Name & Signature)
Mobile Number:
SAMPLE LETTER-8
Date:
To,
The Bank Manager,
Yes Bank (or Name of the beneficiary bank)
Branch:
(Address of the bank)
Subject: Application for Wrong Money Transfer to Another Account
Respected Sir/Ma’am,
I am Ankit Sen, the holder of your bank’s savings account with account number 5332451442. On the 12th of Aughust, 2021, I performed a mistaken money transfer for the sum of eight thousand rupees (Rs.8,000).
Instead of sending money to 2561654101 in the name of Mr. Sunil Padala, I transferred it to 2561654111.
I performed this transaction using my internet banking portal’s Quick transfer method, and the transaction reference number is 85456556.
I’m writing to ask you to kindly assist me in reclaiming my money; I’d be thankful.
Thanking You,
Yours faithfully,
Signature
Account Holder Name,
A/c No. ___________________
Contact:
SAMPLE LETTER-9 (Hindi)
Sample letter to bank manager for money transfer to another account in hindi.
दिनांक:
सेवा में,
बैंक मैनेजर महोदय,
ब्रांच का पता
विषय: गलत अकाउंट में धनराशि जमा हो जाने के विषय में
आदरणीय महोदय/महोदया,
(अपने लेन-देन का नाम नाम दें) महीने के लिए खाता लेनदेन हमारे Rs.4००० रुपये के डेबिट लेनदेन से मेल खाता है। क्योंकि हमारी ओर से कोई लेन-देन नहीं हुआ, हमारे खाते में कोई कटौती राशि नहीं होनी चाहिए, फिर भी हमारे पास अभी भी Rs.4000 (चार हज़ार) रुपये का लेनदेन है।
यह बैंकिंग क्षेत्र की ओर से कुछ त्रुटि का परिणाम हो सकता है। हम अनुमान लगाते हैं कि आपका सत्यापन गलत लेन-देन को ठीक कर देगा और किसी भी आवश्यक समायोजन के बाद हमारी कटौती योग्य धनराशि वापस कर देगा।
आपसे निवेदन है कि आप मेरी धनराशि मुझे वापस दिलाने में मेरी मदद करें। मै आपका अति आभारी रहूंगा।
धन्यवाद
हस्ताक्षर
फोन नंबर:
SAMPLE LETTER-10 (Bengali)
Sample letter to bank manager for money transfer to another account in bengali (bangla).
তারিখ:
প্রতি,
ব্যাংক ম্যানেজার স্যার
শাখা ঠিকানা
বিষয়: অন্য অ্যাকাউন্টে ভুল অর্থ স্থানান্তরের জন্য আবেদন
সম্মানিত স্যার/ম্যাডাম,
(দয়া করে আপনার লেনদেনের নাম দিন) ___________মাসের জন্য অ্যাকাউন্ট লেনদেন আমাদের 4000 টাকার ডেবিট লেনদেনের সাথে মেলে। যেহেতু আমাদের তরফ থেকে কোন লেনদেন হয় না, আমাদের অ্যাকাউন্টে কোন ছাড়ের পরিমাণ থাকা উচিত নয়, তবুও আমাদের এখনও 4000 (চার হাজার) লেনদেন আছে।
এটি ব্যাংকিং খাতের কিছু ত্রুটির ফলাফল হতে পারে। আমরা আশা করি যে আপনার যাচাইকরণ ভুল লেনদেন সংশোধন করবে এবং কোন প্রয়োজনীয় সমন্বয়ের পরে আমাদের কর্তনযোগ্য তহবিল ফেরত দেবে।
আমার টাকা ফেরত পেতে আমাকে সাহায্য করার জন্য অনুরোধ করা হলো। আমি আপনার প্রতি খুব কৃতজ্ঞ থাকব।
ধন্যবাদ
স্বাক্ষর
ফোন নম্বর:
Download Printable Sample Letters Here
What is the significance of this letter for wrong transaction at bank?
It is possible that you may transfer money to the erroneous bank account number owing to a mistake. The bank has a large number of account numbers accessible, and if you enter the erroneous information, they will obtain your funds. This might cause you a lot of difficulty since if the recipient has withdrawn the funds, it will take time to make a refund. Here is an example letter to the bank manager regarding the incorrect transfer of funds to another bank account. With this letter, you can request that the money be held in that account by the bank management.
We are providing you with an example of this letter; you may edit your personal information as needed. We’ve demonstrated the format in both Hindi and English here.
What measures can be taken if a transfer is made to the incorrect account number?
- If you transferred money to the incorrect account number and the account holder is from the same bank, you should contact your manager right once. They will freeze the receiver’s account and he will be unable to withdraw the funds. The bank will then notify him of the situation and refund your money. Depending on your boss, this may also take some time.
- On the other hand, if the recipient is from another bank, your manager will contact that bank and request that the transactions on a connected bank account be halted. Once they have completed this action, you may use this official letter to demand payment.
- You can also obtain the erroneous beneficiary’s contact information from the bank and contact him personally. If the recipient is a kind person, he will promptly refund your money. But that is an extremely unusual occurrence, and individuals are not up to the task. As a result, you should speak with your bank immediately.
What happens if you transfer money to the incorrect bank account?
- If the other individual does not use the money and is a customer of the same bank, your bank may place it on hold.
- As a result, the incorrect recipient cannot withdraw or utilise the funds for other purposes.
- If the incorrect beneficiary belongs to another bank, your bank will request that the other bank place that money on hold, but how quickly your bank or the other bank replies is dependent on how quickly your bank or the other bank reacts.
- Once the funds are placed on hold, the bank notifies the incorrect beneficiary of the situation and requests that he or she repay the funds to the beneficiary.
- (Alternatively, you can obtain that person’s contact information and request that they return your money.)
- However, it is entirely dependent on the other individual to whom the money was incorrectly attributed.
If the mistaken beneficiary is a legitimate individual, he or she may call their bank’s branch and inform them of the problem; in that case, it is simple to obtain your money back. (However, such people are quite unusual.)
As a result, it is always best to double-check the beneficiary account details or cell number if you are sending money using online banking or UPI payment systems such as Google Pay, Phonepe, or Paytm etc.
Conclusion
We have presented you a Letter to Bank Manager for Wrong Money Transfer to Another Account in this post. We created this example in both Hindi and English. You can make your selection based on your needs. Please let us know if you have any queries about this. Customers can also use this website to contact the RBI’s grievance redressed department.
When transferring payments via online banking or through bank personnel, incorrect transactions might occur. In certain situations, the incorrect transaction is undetectable. This must be notified to the relevant bank.
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