How to write an application for transfer of bank account to another branch?

Dear Sir/Madam, I would like to request a transfer of my [Current Account Type] account, [Current Account Number], to [Destination Bank Name] located at [Destination Bank Address]. I have attached all the required documents with the application. Kindly let me know if any further details are needed from my side.

How to transfer the account from one branch to another branch?

Yes, you can transfer your bank account to another branch online by logging into your internet banking account. After this, go to 'e-Services' and click 'Transfer of Savings Account'. Hereafter, enter the new branch's IFSC code, tap on 'Continue' and submit your request.

How to write a transfer letter from one branch to another?

Clearly mention your position, company's name and the department or city where you want to transfer. State why you are requesting a transfer. Mentioning the reason makes your application genuine. But, your reasoning need not be explicit, and you can outline it in one sentence.

How to transfer from one bank account to another bank account?

You can move money from one bank to your other one online in a few steps: Log into your bank's website or connect via the bank's app. Click on the transfer feature and choose transfer to another bank. Enter the routing and account numbers for the account at the other bank.

How can I switch to another branch?

The "checkout" command can switch the currently active branch - but it can also be used to restore files. The most common use case for "checkout" is when you want to switch to a different branch, making it the new HEAD branch.

How to transfer money from bank account to another bank account in branch?

Write a check. A traditional way of transferring money between banks is by writing a check and depositing it either at a bank branch, online, through a mobile app or by mail . A money order can be used instead, though some bank websites and/or apps lack the ability to deposit a money order.

What is an example of a good transfer letter?

Dear [Recipient's Name], I am writing to request a transfer to [New Location] due to my family's relocation. This move is necessary for family considerations, and I am committed to ensuring a seamless transition in my professional responsibilities. Thank you for your understanding and support.

How do I write an authorization letter for transfer money to another account?

(Account to Account Deposit) Dear Sir/Madam, I/We, hereby authorize to transfer the fund from account no ……………………….…………………….. maintained at …………..…….. branch as per the details stated below.

How to ask for a transfer to another location example?

Dear [Recipient's Name], I am writing to request a transfer to [New Location] due to pressing family reasons. Recent developments necessitate my presence closer to home, and I believe this transfer will allow me to fulfill my family responsibilities while continuing to contribute effectively to the company.

Bank Account Transfer Application: Format, Sample and How to Transfer Bank Account to Another Branch (2024)

You may need to shift your location from your current one to a new address for various reasons. Under such circ*mstances, one of the most important things you need to do is to transfer your bank account to a branch at your new address.

Although you can do all the normal transactions like making deposits, withdrawing money, etc., from any branch, you will have to visit the bank branch where you have opened the account for the locker facilities, availing loans, dormant account activations, etc.

Thus, transferring your bank account to a place nearer to your home/work makes it more convenient for you to complete any bank work that requires visiting your bank.

So, if you are shifting to a new location, filing a bank account transfer application is a must. Keep reading to learn more.

Bank Account Transfer Application

Abank account transfer application is aformal letter usuallywritten to the bank branch manager totransfer your existing bank account to a new branch. There is a specific format you need to maintain while framing this application, along with providing the necessary documents.

Reasons for Bank Account Transfer

You may needto file a bank account transfer application when you move to a new location for the following reasons:

Relocation of your/your spouse’s job location.
Pursuing educational courses.
Personal or family-related reasons like marriage, childbirth, etc.
Medical reasons.

Bank Account Transfer Application Format

Atransfer bank account application format contains the following details:

Sender’s address
Date
Bank’s address
Subject
Salutation
Main body
Closure and signature
Contact number
Attachments

Bank Account Transfer Application Sample

The sample application for account transfer due to relocation is as follows:

Application for account transfer due to job change

95, Kavi, 20th Cross,
Basavanagudi, Bangalore - 560004
25th March 2024

The Branch Manager,
ICICI Bank,
Fateh Complex, S. Kariappa Rd,
Basavanagudi, Bangalore - 560004

Sub: Request to transfer my existing bank account to another branch

Respected Sir/ Madam,

Application for account transfer due to relocation

112, Apartment,
Bandra West, Mumbai - 400050
12th April 2024

The Branch Manager,
State Bank of India Bank,
Ground Floor, New Kantwadi Road,
Bandra West, Mumbai - 400050

Sub: Request for transferring my existing bank account to another branch

Respected Sir/ Madam,

I am Suhani Ajith, holding a current account in your branch with an account number (mention bank account). I want to inform you that I will be relocating to my hometown, Mangalore by next month. Thus, I am requesting you to transfer my current account from Bandra West Branch, Mumbai to the SBI Kadri Branch, Mangalore.

I am attaching the required documents for the bank account change along with this application for your reference. Kindly do the needful at the earliest.

Thank you for your assistance.

Regards,

(Signature)

SUHANI AJITH

Contact number – 99005XXXXX

Attachments:

Bank passbook
Aadhaar card
PAN card
Passport size photograph

How to Write an Application for a Bank Account Transfer?

Here is how you write an application for transferring your bank account to another branch:

Begin with a formal salutation

Address your application to the branch manager by using ‘To Whomsoever It May Concern’ or ‘Dear Sir/Madam’.

Add your personal and bank account details

Provide your bank name, branch name, account type, account number, and present branch address. You also need to provide your personal details like name, residential address and contact number. Additionally, you must state any standing or ECS instructions currently active in your bank account.

State your reason for the transfer and its details

Write in brief about why you are requesting a bank account transfer. Also, you need to provide the new branch’s name, address, transfer date and other details.

Inquire about any related fees

Request the bank to inform you of any associated fees with the transfer and if it can be deducted from your account. Furthermore, ask about the estimated time in which the whole process may be completed.

Close your letter

Close your letter by thanking the bank for their co-operation and signing your name.

Documents Required for Transfer Bank Account to Another Branch

Listed below are the documents you need to submit along with your bank account transfer application:

Required Documents	Details
Identity Proof	Passport, Aadhaar card, Voter ID card, PAN card or driving licence
Address Proof	Aadhaar card, electricity bill or telephone bill
Account Details	Bank account statement or passbook containing the account type, account number and branch name
Chequebook and Passbook	Submit the chequebook and passbook issued from your home branch.

Note –You may need to update or resubmit your KYC documents like identity proof, recent passport-sized photographs and address proof.

Step-By-Step Guide to Transfer a Bank Account to Another Branch

Here are thesteps that you needto follow to transfer your bank account to another branch:

Step 1 – File a bank account transfer application

You need to submit a written bank branch transfer application to your home branch (the old one) or the new branch. It should contain your present branch name, account number, the new branch's name and the reason why you are requesting a branch transfer.

Step 2 – Surrender your cheque book and passbook

You must submit your cheque book, any unused cheque leaves and passbook to your home branch.

Step 3 – Submit the necessary documents

Submit all the necessary documents along with your bank branch transfer application. If there is a change in your mobile or landline number, it should be mentioned in the application as well.

Hereafter, the home branch processes your application and closes your account. A new account is opened under your name at the new branch, and the balance from your old account is transferred there.

After the account transfer is completed, you will receive your new account number, cheque book, and passbook. This whole process can take around 8 to 10 business days.

Now, there are a few things you need to remember in this regard:

Usually, there is no change in your customer ID.
As your account number will change, you need to update any existing standing or ECS instructions of your present bank account.

Now that you know the steps to write a bank account transfer application, always remember to keep the tone formal, try not to add any unnecessary information and end the letter with a thanking note. Additionally, recheck your account number, the current and new branch addresses and whether you have attested all the required documents.