Maryland Sample Letter for Response to Request for Interest Paid Information

• Category: Letters - Nonlegal - Responses
• State: Multi-State
• Control #: US-0466LR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Subject: Response to Request for Interest Paid Information Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing in response to your request for interest paid information, which you submitted [date of request], regarding your Maryland account. I am pleased to inform you that we have thoroughly reviewed your account and calculated the interest paid on it for the specified time period. The interest paid is a result of the positive balance maintained in your Maryland account. Please find the detailed breakdown of the interest paid below: 1. Account Information: — Account Holder Name: [Your Name— - Account Number: [Account Number] — Account Type: [Account Type, e.g., Savings/Checking] — Interest Rate: [Interest Rate %— - Interest Calculation Period: [Start Date] — [End Date] 2. Interest Paid Information: — Interest Paid: [Total Interest Amount] — Interest Paid Per Month: [Interest Amount per month] Under Maryland law, interest is calculated based on the average monthly balance maintained in your account. We have applied the applicable interest rate to the average monthly balance and accurately computed the interest paid during the requested period. We assure you that this information has been thoroughly verified and reviewed by our internal auditing team to ensure its accuracy. Please note that the interest paid may be subject to applicable taxes, which can vary based on your individual tax situation. We recommend consulting with a tax advisor or accountant for more information on tax implications related to interest earnings. To maintain transparency and facilitate easy access to your account information, we have attached the relevant account statements highlighting the interest calculations. In case you have any further questions or require additional documentation, please do not hesitate to contact our dedicated customer service team at [Customer Service Phone Number] or via email at [Customer Service Email Address]. We value your trust in our banking services and assure you of our continued dedication to providing superior customer service. Thank you for your cooperation, and we look forward to serving you in the future. Yours sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Subject: Response to Request for Interest Paid Information Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing in response to your request for interest paid information, which you submitted [date of request], regarding your Maryland account. I am pleased to inform you that we have thoroughly reviewed your account and calculated the interest paid on it for the specified time period. The interest paid is a result of the positive balance maintained in your Maryland account. Please find the detailed breakdown of the interest paid below: 1. Account Information: — Account Holder Name: [Your Name— - Account Number: [Account Number] — Account Type: [Account Type, e.g., Savings/Checking] — Interest Rate: [Interest Rate %— - Interest Calculation Period: [Start Date] — [End Date] 2. Interest Paid Information: — Interest Paid: [Total Interest Amount] — Interest Paid Per Month: [Interest Amount per month] Under Maryland law, interest is calculated based on the average monthly balance maintained in your account. We have applied the applicable interest rate to the average monthly balance and accurately computed the interest paid during the requested period. We assure you that this information has been thoroughly verified and reviewed by our internal auditing team to ensure its accuracy. Please note that the interest paid may be subject to applicable taxes, which can vary based on your individual tax situation. We recommend consulting with a tax advisor or accountant for more information on tax implications related to interest earnings. To maintain transparency and facilitate easy access to your account information, we have attached the relevant account statements highlighting the interest calculations. In case you have any further questions or require additional documentation, please do not hesitate to contact our dedicated customer service team at [Customer Service Phone Number] or via email at [Customer Service Email Address]. We value your trust in our banking services and assure you of our continued dedication to providing superior customer service. Thank you for your cooperation, and we look forward to serving you in the future. Yours sincerely, [Your Name]