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Request Letter to Bank for Reversing Wrong Transfer of Funds

Erroneous transfer of money from one bank account to another is a common mistake that happens every day several times by many persons.

request letter to bank for wrong transfer of funds
It is very important that as soon as you realize the mistake is done - you should lodge a request with the bank to reverse the transaction and credit back the money to your account.

Following sample letter is provided for your reference while drafting the application to the bank. Please modify it appropriately with all the important details.

TEMPLATE

Date: ________

From:
(Name of the Account-holder)
(Registered Address)
Mob. ________
Email: _________

To:
The Branch Manager
(Name of the Bank)
(Name of the Branch)
(Address)

Sub.: Erroneous wire transfer - request for reversal.

Dear Sir/Madam,

I have erroneously transferred some money to a wrong party while using the net-banking website of the bank. I intended it for wire transfer to someone else. Therefore, I need your help in reversing the amount back to my account.

Please find hereunder the details of my account and the wrong transfer:
1. My account number: ____________ (IFSC: __________).
2. Date of transfer: ________.
3. Money transferred: ________.
4. Details of the party to whom money was transferred: (Name), Account No. ______, IFSC: _______.
5. Transaction Id: ____________.
6. Mode of transfer: NEFT/RTGS/IMPS.
7. The money was supposed to be credited to (Name of the Person), Account No. ________, IFSC: _________.

I would greatly appreciate your guidance and cooperation in this matter. Please contact me at my registered mobile number ________, if needed.

I apologize for the inconvenience caused to you for this inadvertent error from my side.

Kind request to your goodself to take requisite action in this matter as soon as possible.

Thanking you,
Yours faithfully,

    (Signature)
(Name of the Account-holder)


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