A Washington Letter to Financial Institution to Establish or Deposit to a Blocked Financial Account is a document used to request that the financial institution accept and hold funds in a blocked account. This type of letter is typically used by individuals or entities to ensure that the funds are held securely in order to meet certain legal requirements or other conditions. The letter must be sent to the financial institution and must include specific details, such as the purpose of the account, the amount of funds to be deposited, and the period of time for which the account is to be blocked. There are two main types of Washington Letters to Financial Institution to Establish or Deposit to a Blocked Financial Account: 1. Establish Blocked Account: This type of Washington Letter is used to request the financial institution to establish a new blocked account. The letter should specify the purpose of the account, the amount of funds to be deposited, and the period of time for which the account is to be blocked. 2. Deposit Funds to Blocked Account: This type of Washington Letter is used to request the financial institution to deposit funds into an existing blocked account. The letter should specify the amount of funds to be deposited and the period of time for which the account is to be blocked.