Discounting a Cheque

World Electrical Instruments,

66. Cliftan Road,

New York

Ref.No: SE! 14 Date: 9th October, 20…

The Agent National Bank,

NEW YORK

Sub: Discounting a Cheque

Dear Sir,

We have the pleasure of sending through bearer cheque No......dated......for US $..... drawn by SM/S. Phillips Bros., New York in

our favour.

We request you to please discount the above cheque and place the credit to our account with you.

Thanking you,

Yours faithfully,

For World Electrical Instruments

Partner

Note: In practice, however, it will be found that each bank uses its own printed form for discounting documents and hence in such cases this covering letter can be avoided.