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A DD cancellation letter is a formal written application to the bank for cancelling a Demand Draft. This letter includes important details such as the DD number, date, amount, beneficiary name, refund account, and the reason for cancellation. It is usually submitted with the original Demand Draft for refund processing.
What is the procedure to cancel a DD?
Cancellation Process If you have paid for the demand draft in cash, you need to submit the original demand draft to the bank along with its cash receipt. If you have paid from your account, you need to fill out a DD cancellation form and submit it with the original draft.
How to fill a DD cancellation form?
Format of a DD Cancellation Letter Write your address and the date at the top left. Add the banks branch address below yours. Write Subject: Request for Cancellation of Demand Draft Start with Respected Sir/Madam State the DD number, date, amount, and beneficiary. Explain the reason for cancellation.
What is the procedure for cancellation of a demand draft?
Step-by-Step Guide to Cancelling a Demand Draft Step 1: Gather the Required Documents. To cancel a demand draft, you will need: Step 2: Write a DD Cancellation Letter. A written request is necessary for cancellation. Step 3: Submit the Request at the Bank. Step 4: Pay Applicable Charges. Step 5: Refund Process.
How to write a letter to cancel a DD?
Format of a DD Cancellation Letter Respected Sir/Madam, I request you to kindly cancel the demand draft issued in my name and refund the amount. The details of the DD are as follows: Demand Draft Number: [Insert DD Number]
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Related forms
Form 68-3 Application for Training Record - Kentucky Law
Cancellation forms must be submitted at least 30 days in advance. Memberships may be frozen for up to 3 months at a time no more than twice per year; freezes
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