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Anonymous Posted 14 years ago
Grammar

Are these sentences correct?

I am planning to take out a loan amount of $XXXXX.XX from my fixed deposit with your bank. Please approve this loan amount and transfer it to my brother Mr. Jeff’s account (a/c no.xxxxxxx)who is having active account with your bank.

In order to process the loan, all the relevant documents are attached herewith for your kind perusal.
  

Top answer

Hi; If you are taking your own money from an account, that is a withdrawal , not a loan. Are you borrowing the money from the bank? That would be a loan.

— AlpheccaStars

  • Hi; If you are taking your own money from an account, that is a withdrawal , not a loan.
  • Are you borrowing the money from the bank?
  • That would be a loan.
  • XX from my fixed deposit account with your bank.
  • Please approve this loan amount and transfer it to my brother Mr.
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1 Answers
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Hi;

If you are taking your own money from an account, that is a withdrawal, not a loan.
Are you borrowing the money from the bank? That would be a loan.

I am planning would like to take out a loan amount of $XXXXX.XX from my fixed deposit account with your bank. Please approve this loan amount and transfer it to my brother Mr. Jeff’s account (a/c no.x
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