Bank correspondence should be brief and to the point.
Justify the following statement :
Bank correspondence should be brief and to the point.
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- The bank is a financial institution.
- A company secretary has to conduct bank correspondence as per the instruction of the Board.
- Bank correspondence needs careful and cautious drafting.
- The company secretary has to use his knowledge, skill, and experience while conducting bank correspondence,
- The company secretary has to conduct bank correspondence promptly and accurately.
- Mistakes and delays in bank correspondence may bring financial loss to the company.
- Bank correspondence should be always brief, compact, and precise.
- Unnecessary or irrelevant information should be avoided in bank correspondence.
- Thus, bank correspondence should be brief and to the point.
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