Letter of transmittal

From Wikipedia, the free encyclopedia

In Finance, a Letter of Transmittal is a document used by a security holder to accompany certificates surrendered in an exchange or other corporate action.

A Letter of Transmittal may also be a distribution list with the recipients of a memo, report or contract.

A transmittal letter accompanies a document and explains what the document is, why it should receive the reader's consideration, and what the reader should do with it.