Bank Account Transfer Request Letter Template for United Arab Emirates

The Bank Account Transfer Request Letter is a crucial document in the UAE banking system, used whenever an account holder needs to formally instruct their bank to transfer funds to another account. This document is particularly important in the UAE context, where banking operations are strictly regulated by the Central Bank and federal laws. The letter must include comprehensive details about the sender and recipient, transfer amount, purpose of transfer, and any specific instructions. It serves as both an authorization and instruction document, protecting both the bank and the account holder by creating a clear paper trail of the transfer request. The document must comply with UAE Federal Law No. 14 of 2018 (Central Bank Law) and anti-money laundering regulations, particularly for large transfers. It's commonly used for both domestic and international transfers, though international transfers require additional information to comply with global banking standards.

1. Letter Header: Bank's name, branch address, and date

2. Subject Line: Clear indication that this is a bank account transfer request

3. Salutation: Appropriate greeting to the bank manager or relevant department

4. Account Holder Details: Full name, account number, contact information, and address of the requesting account holder

5. Transfer Details: Amount to be transferred, currency, and purpose of transfer

6. Beneficiary Information: Recipient's full name, bank account number, bank name and branch details

7. Authorization Statement: Explicit authorization for the bank to process the transfer

8. Closing: Professional closing, signature, and printed name of account holder