Introduction
This letter is to inform you that we, [Company Name], are requesting a bulk salary transfer to our employees’ bank accounts. We have provided the necessary details and documents required for the transfer. We would like to request that you process the transfer as soon as possible.
We understand that this is a time-sensitive matter and we appreciate your prompt attention to this request. We are confident that you will be able to process the transfer quickly and efficiently.
Thank you for your cooperation and we look forward to working with you.
Sincerely,
[Company Name]
Bulk Salary Transfer Letter Format to the Bank from Company
[Date]
[Name of Bank]
[Address]
Subject: Bulk Salary Transfer
Dear [Name of Bank],
This letter is to inform you that [Name of Company] will be transferring salaries of its employees to their respective bank accounts.
We would like to request you to process the bulk salary transfer for the month of [Month] for the following employees:
[List of Employees]
The total amount to be transferred is [Amount].
We would be grateful if you could process the transfer as soon as possible.
If you have any questions or require any additional information, please do not hesitate to contact us.
Thank you for your cooperation.
Sincerely,
[Name of Company]
[Signature]
As an employer every month you need to write a salary transfer letter to your bank to credit the salaries of your employees. So keeping one best salary transfer letter format and editing each month will make your work easy and fast.
Here are some sample transfer letter formats to banks that employers can use to request the banks to disburse the salaries of their employees.
These letters should be printed on the company letterheads and attested by the “concerned authority with an official seal”.
Salary Transfer Letter Format to Bank (Format 1)
To
The Branch Manager,
Name of the Bank,
Address of the Bank.
Sub: Employees Salary transfer letter for [Month & Year].
Dear Sir/Madam,
We [the company name] request you to Kindly transfer the salaries of the following employees into their respective bank accounts by debiting from our account bearing a/c no. [a/c number] for the month of [month & year].
| S No | Employee Name | Salary | Bank Name | A/C Number | IFSC Code |
| 1 | |||||
| 2 | |||||
| 3 | |||||
| 4 | |||||
| 5 | |||||
| 6 | |||||
| 7 | |||||
| Total |
Thanking you.
For the [Company Name],
Authorized Person name & Signatory.
Bulk Salary Transfer Letter Format to Bank (Format 2)
To
The Bank Manager,
Bank Name,
Address.
Sub: Salary disbursement letter to employees.
Dear Sir/Madam,
On the behalf of [company name], I request you to kindly credit the salaries of our employees for [month & year] into their individual bank accounts by debiting from our account bearing a/c no. [account number].
Kindly find the enclosed copy of the employees’ list to which the salaries have to be credited.
Thanking you.
For the [Company name],
Authorized Person name & Signature.
(Note: Enclose the employees’ list with details like their name, bank account details, and salary details )
Salary Transfer Letter Format to Bank (Format 3)
To
The Bank Manager,
Bank Name,
Address.
Sub: Salaries transfer letter to employees for [month & year].
Dear Sir/Madam,
We request you to please transfer the salaries of the below-listed employees by debiting a total amount of [salary amount] Rs, (amount in words) from our account bearing a/c number [a/c number] for the month of [month & year].
S No Employee Name Bank Name A/c Number IFSC Code
1.
2.
3.
4.
5.
Regards,
Authorized person name,
Designation,
Signature.
Salary Transfer Letter to Individual Employees (Format 4)
To
The Bank Manager,
Bank Name,
Address.
Sub: Salary transfer request letter.
Dear Sir/Madam,
This is to request you to credit the salary of [amount] Rs to our employee [employee name] for the month of [month & year] by debiting from our account of a/c no. _____________.
Here are the details of the employee:
Employee name :
Amount (Salary) :
Bank name :
IFSC code :
For the “company name”
Authorized person name & signature.
FAQs
As an employer can I send an email to the bank for salary disbursement?
Banks need a physical copy of the salary disbursement letter for their documentation and verification purposes.
How much time will banks take to transfer the salaries of the employees?
1-2 days, But most of the banks will transfer the salaries on the same day on which the request is made.
What if I missed mentioning the salaries of some employees?
You can make another request by using the same letter format, but you need to change the employee details.
What if the salary is credited to the wrong account?
You can request the bank to block that amount so that the beneficiary cannot withdraw that money. Later you need to contact that person to get the money back.
Recommended:
Dear Bank,
We are writing to inform you that we are making a bulk salary transfer to your bank. This letter serves as a formal request for the transfer of funds to cover the salaries of our employees.
The details of the transfer are as follows:
- Amount: [AMOUNT]
- Currency: [CURRENCY]
- Payment Date: [DATE]
- Payment Reference: [REFERENCE]
We kindly request that you process this transfer as soon as possible. Please do not hesitate to contact us if you have any questions or require any additional information.
Thank you for your prompt attention to this matter.
Sincerely,
[COMPANY NAME]
