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Sample letter of application to purchase treasury bills

Nairametrics by Nairametrics
April 16, 2015
in Uncategorized
DON’T MISS These Reports If You Invest In Shares or Plan To Someday
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Going to a bank to apply for a treasury bills purchase can be a very difficult as sometimes. This can be quite frustrating especially for something that should relatively be very simple to do. As mentioned in our podcast, you can buy treasury bills by filing a form issued to you by your bank or simply write a letter of instruction to them to purchase treasury bills on your behalf.

 

March 18, 2014

The Branch Manager

{Bank Name}

{Bank Address}

Lagos

INSTRUCTION ON ACCOUNT – {Type in your account number}

Kindly take this as a formal instruction to buy Treasury Bills in the sum of {the amount} on our behalf for a period of {how many days? choose between 91 days, 182days or 364 days}.

You are to debit our current account no {your account} accordingly. Kindly use your best rate in bidding on our behalf

We thank you for your cooperation and understanding

 

Yours truly,

 

{Your name}

 

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Tags: Personal FinanceTreasury BillsYour Money
Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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Comments 12

  1. Denny Crane says:
    April 20, 2015 at 8:50 am

    Hi guys.
    I like your website and the information is always interesting.
    However, please watch out for grammatical errors.

    Cheers.

    Reply
    • Nairametrics says:
      April 20, 2015 at 10:03 am

      Thanks a lot. We will keep improving

      Reply
  2. LegenD says:
    June 6, 2015 at 11:54 pm

    This letter is helpful. Thanks

    Reply
  3. Anonymous says:
    February 21, 2017 at 5:35 pm

    Thanks. The letter was helpful

    Reply
  4. Anonymous says:
    April 13, 2018 at 4:44 pm

    thanks

    Reply
  5. Anonymous says:
    June 12, 2018 at 6:53 pm

    thks

    Reply
  6. emmek says:
    November 8, 2018 at 2:01 pm

    thanks the letter is helpful

    Reply
  7. Chuks says:
    February 1, 2019 at 7:58 am

    Thanks. Very insightful

    Reply
  8. Adaslim says:
    April 10, 2019 at 11:33 am

    Thanks for this letter. God bless you

    Reply
  9. REGINA ANDREW says:
    June 11, 2019 at 7:44 pm

    Thanks, for the was helpful

    Reply
  10. REGINA ANDREW says:
    June 11, 2019 at 7:45 pm

    Thanks, for the latter was helpful

    Reply
  11. Reuben Nelson says:
    July 29, 2022 at 10:41 am

    This letter was really helpful

    Reply

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