Q.Draft a letter of thanks to the depositor of a company.
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Start your 14-day free trial to unlock the full solution →This is a correspondence question. The answer is a specimen 'letter of thanks' from the company secretary to a depositor, acknowledging the deposit, confirming its terms and the deposit receipt, and warmly thanking the depositor for the confidence shown in the company.
When a company accepts a fixed deposit from a depositor, it is a good business practice for the secretary to send a letter of thanks. This letter acknowledges the money received, confirms the amount, rate of interest and period of deposit, refers to the deposit receipt, and thanks the depositor for the trust placed in the company. It helps build goodwill and a healthy relationship with depositors.
Specimen Letter:
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