Indemnity Bond for Cancellation of Demand Draft

Sample Cancellation letter of Pay Order/Demand Draft from Bank,or Indemnity Bond for Cancellation of Demand Draft. You can use this format according to your requirement. Mention your own bank and cheque information.Easy template is given below:

Cancellation of Pay Order/Demand Draft Letter Format

To
The Manager,
Silk Bank DHA Branch.

Lahore

Dear Sir,

Attached herewith please find the original PO/DD No____ for the amount of __ dated____favoring ___ which you issued at my/our request.

I/We request you to please cancel the above mentioned PO/DD and accordingly mark the instrument as cancelled in your records and refund the amount thereof to me/us as it is no more required.

In consideration of the bank agreeing at my/our request to cancel the above mentioned PO/DD and refund the amount thereof to me/us, I/We hereby undertake and agree to indemnify the bank against all claims, demands, losses and expenses suffered or incurred by the bank arising out of or as a result thereof.

I/We agree that if any claim is made by the beneficiary of the said PO/DD subsequent to the cancellation thereof, the bank shall without notice to me/us, be entitled to debit the amount of the PO/DD to my/our account.

Signed by me/us this—– day of —–

Customer
Signature:____
Name:_______
Address:_____
CNIC No:____

 

Witnesses:
1- _______
2- ________

Cancellation of Pay Order/Demand Draft Letter Format
Cancellation of Pay Order/Demand Draft Letter Format

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