Authorization to Bank to Release Account Information to Financial Adviser Letter
In the business world, it is a common practice that the different companies and business organisations demand a bank statement from their clients to examine their financial condition. For this, you will have to write an authorization letter to your bank manager as they do not provide anybody’s account information without the account holder’s permission.
This will be a documented proof of your financial status so it is very important that you request your bank manager in a proper way to provide all the information to a financial advisor.
In the first paragraph of letter, you will provide your addressee the full information of your account number and the person who you have authorized to get your bank statement. You better give your bank representative the reason for issuance of this statement.
In the second paragraph, you will inform the bank manager if your appointed person needs this information more than once.
Provide your contact information for further correspondence and close your letter with some courteous sentences.
Instructions
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Sample of Authorization to Bank to Release Account Information to Financial Adviser Letter
From,
John Maxwell
13/7 Sunset Boulevard
Paris – 56982
May 26, 2009.
To,
Ms. Lara Croft,
Manager,
Bank of Credit and Commerce
La Atrium Branch,
427 Sunset Boulevard
Paris – 657981
Dear Ms. Croft,
I, the undersigned, hereby permit you to provide Mr. Andy Flower, bearing ID number 4570-26748-134, all the information against my saving account number 200289238. He is my financial adviser and needs my bank statement to file income tax returns of this year.
Mr. Flower will be in need of this information repeatedly so I request you to grant him access to my account statement until December 31, 2009.
This letter should be enough authority for you to do so. You can contact me on 333-333-333 or my email id mailme@mail.com.
Your cooperation in this regard will be highly appreciated.
Sincerely,
John Maxwell. -
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Template of Authorization to Bank to Release Account Information to Financial Adviser Letter
From,
[Your Name]
[Your Address]
[City and Postal Code]
[Date]
To,
[Receiver’s Name]
[Designation]
[Bank’s Name]
[Branch’s Name]
[Branch’s Address]
[City and Postal Code]
[Dear]
I [your name], hereby allow you to provide [put the name of your authorized person and his complete information] all the required information against my account number [details of your account]. He is my financial adviser and he needs my financial statement to [give reason].
[Name of your authorized person] will need this information more than once so he has my permission to access my accounts.
This is an irrevocable memo and you can contact me at [your contact detail] in case of any concern.
Thank you for your cooperation and understanding in this matter.
Sincerely,
[Your Name]
[Your Signature/ Stamp (Optional)]
