HDFC Bank — Delay in Transfer of Authority for Society Association Bank Account [protected]

Address:

Channasandra, Whitefield, Bengaluru

I am writing to express my growing concern regarding the significant delay in transferring the authority of our society association's bank account, [protected], to the newly appointed signatories. Despite repeated follow-ups and assurances, we have yet to see any progress in this matter.

As you are aware, timely access to our association's funds is crucial for the smooth functioning of our operations. The delay in transferring the authority is causing severe disruptions in our financial management and is hindering our ability to carry out essential transactions.

We have adhered to all the necessary procedures and submitted all required documentation promptly. However, the lack of action on the bank's part is unacceptable and is putting our association at risk of financial instability.

Given the urgency of the situation, I kindly request your immediate attention to expedite the process of transferring the authority to the designated signatories. We expect a clear timeline for resolution and regular updates on the progress until this matter is fully resolved.

Failure to address this issue promptly will compel us to explore alternative banking options, as we cannot afford further delays impacting our association's financial operations.

I trust in your understanding of the critical nature of this matter and anticipate your swift action to rectify the situation. Should you require any additional information or assistance from our end, please do not hesitate to contact me directly at [protected]

Thank you for your prompt attention to this matter.