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Sacco Withdrawal Letter Sample  Form

Sacco Withdrawal Letter Sample Form

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How to write a withdrawal letter from a sacco

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Instructions and help about sample letter to withdraw shares from a sacco

[Music] when a member is resigning or withdrawing from the circle what we need is uh we need the member to give us a notice a written notice or of intent to withdraw and the notice as per policy takes 60 days for us to be able to refund the deposits held by the member what is required is that if the member had guaranteed another member alone then you have to get a substitute guarantor to remove you as a grant of the of the of the of the guaranteed loan and also if you have a loan the loan should be less than the deposits that uh you want to withdraw that is uh we should be able to offset the loan balance against the deposits and refund you the difference [Music]

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