Standard Format of Bank Verification Letter: A Signature Verification Letter is the other name for a Bank verification letter that helps bank letterheads to verify the identification of the authorized signatory who authenticated the Proof of Relationship documents, Letter of Employment, or any other formal reasons. A Bank customer who holds the bank account can write this bank verification letter.
Also, business persons can write a bank confirmation letter to guarantee that all the transactions are occurring with legitimate bank accounts. Further, this confirms that the business is holding a valid bank account. Hence, it is mandatory to make a well-formatted bank verification letter as per the bank & get validated by the bank heads. Check out the steps included in writing a letter of bank confirmation along with template, format, and samples on the further sections.
How to Write It? & Steps Involved In Writing A Letter for Bank Verification
Based on the bank rules and regulations, they decided to maintain a different format of banker’s verification letter. Yet, the primary steps included in the letter will be the same. Check out the required details needed to write in the bank verification letter from the below points and modules. So that you can easily write a letter or fill up the online bank confirmation letter and get it signed by the bank authority on the letterhead.
- Bank details: Mention the bank name, address, and date on the top left-hand side corner.
- To details: Customer details (who requires a letter to verify your business).
- To: Whomsoever it may concern.
- Subject: Mention the purpose for which the bank provides this letter to your customer (it can be an address validation letter, creditworthiness, and much more).
- Description: In this section mention the details of your business like Name, address, contact number, website address, email id, and registration number. Bank will authorize this and also attach the following details.
- Your bank details
- Account number
- Account type
- Date of account opening
- Ultimately, the bank will sanction your creditworthiness.
- Bank officer name and signature
Refer to the Letter Writing Topics for both Formal and Informal ones and attain various Sample Templates all in one place.
Format of Banker’s Verification Letter | Bank Confirmation Letter Format
Usually, a Confirmation/Verification letter is needed for audit purposes. The multiple reasons one will ask for a confirmation letter cover:
- Bank operation confirmation – Bank will confirm your operation.
- Address validation letter – This letter is issued to confirm the physical presence of your business.
- Bank balance confirmation – Bank supports your balance and thus confirms customers about your healthy account balance.
The format of such confirmation/verification letter will include all the information as stated in the steps to be followed in writing a Bank Verification letter. The description part will vary as per the purpose for which the letter is addressed.
The following format is used for Bank Verification Letter Writing, where you will find the bank details below the description. It is also called a signature verification letter format utilized mostly by banks and organizations. So check it out with the respective banks and fill the bank verification letter form which varies from bank to bank.
| TO WHOM IT MAY CONCERN
Sir, 1) We certify that M/s…………………………………………, Address……………………………………………..…………….. (Name the applicant) is/are maintaining a Savings Bank Account / Current Account (tick whichever is applicable) No….…………………………………… (Mandatory) with us since…………………………………… 2) Their address as recorded with us:………………………………………………………………………………………… 3) The 11 Character IFSC Code of our Branch is …………………………………………..(Mandatory) 4) Branch Name………………………………………………… Signature of the Banker with Stamp Date: …………………………………. Name:……………………………………………………….. |
Bank Verification Letter Template
Bank Verification Customer Template
In the above scenario of bank verification customer template, the branch manager should check the signature, account number, and other relevant details by attestation, and then the branch manager signs the letter along with affixing the official bank seal.
Sample Letter for Bank Verification Letter Writing
The below image is a sample verification request letter for a customer, aid to write a perfect Bank verification letter to a bank manager or bank head.
Key Points:
Before driving to draft a Bank Verification Letter, go through the key important points listed. They are as follows:
- Most of the bank websites make available of Bank verification letters online. If not make use of the above-explained steps and write one. By and large, they remain the same with minor variations as per the banks.
- A Bank confirmation/verification letter is utilized to verify the bank’s line of credit with your business.
- Upon request, the bank will issue such a letter to individuals or businesses.
- Ensure to get the signature of the banker to make it a valid certificate, if you want to submit it for tax purposes.
- Memorize that the verification letter endures well only for the purpose for which it is circulated. It cannot be utilized randomly. The bank will state for what reason such a letter is given to any third party.
- The letter can be accepted for verifying the business worth, entering into a JV project, etc.
FAQs on Bank Account Verification Letter Writing
1. What is a bank verification letter?
A bank verification letter is utilized to validate the identification of the approved signatory who attested the Proof of Relationship documents, Letter of Employment, or any other formal reasons.
2. How Do I Get My Bank Verification Letter?
Getting your bank verification letter is completely depends on your bank. First, collect the required information and guidelines for it and follow the steps they asked to do to get your bank verification letter. Else, check out our page for the format, template, and samples of bank account verification letter.
3. What to include in the bank verification letter?
A clear signature and the customer’s account number need to be included in the letter of bank verification.