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}