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Authorization Letter For Bank

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    How to write an authorization letter for bank? A bank account can only be accessed by the account owner; and in the event of death, the next of kin. There are so many cases of theft and fraud in the banking industry, which makes it difficult for any other person to access the account.

    However, if you want someone to have the right to access information concerning your account, then you have to write an authorization letter for bank account access. The bank will scrutinize such a letter and may require additional proof from the bearer.

    When writing an authorization letter for bank account access, make sure that you use the exact information as indicated on the identity card or driving permit or passport of the person being authorized. Any deviating information will affect the acceptance of the letter.

    The letter should introduce the authorized person to the management of the bank indicating the names and address. Your signature at the end of the letter should resemble the specimen signature kept with the bank, otherwise it will be rejected.

    You also have to indicate the exact information that should be given to the bearer of the letter. Under normal circumstances, make a call to the bank and inform them of your intentions, prior to the issuance of the letter.

    The following is the template of an authorization letter for bank statement:

    Authorization Letter Template For Bank

    Owner’s Name
    Owner’s Address

    Date

    Bank Manager
    Bank’s Name
    Bank’s Address

    Dear Sir/Madam,

    Subject: AUTHORIZATION TO RECEIVE BANK STATEMENT

    I would like the bearer of this letter (mention names) to receive a bank statement of my account on my behalf.

    Please issue him a bank statement for the past six months because this is a prerequisite for my ongoing transaction.

    I will be very grateful for any help offered to the bearer of this letter.

    Yours Faithfully,
    (Your name and signature)

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