Draft Letter of Authorization for Bank to Release Information

An account-holder (customer of a bank) may give authorisation in favour of the bank or someone to request and collect information and statements with regard to his bank account.

In order to do so, he may write an authorisation letter in a plain paper or on his letterhead. Otherwise, he may ask the bank to get the format prescribed by the bank for this purpose.

Hereunder, there are two samples of letter of authorization for release of information of a bank account. Please fill in necessary details and modify as needed before submitting it to the bank.

TEMPLATE #1

Date: .................

To

The Branch Manager

(Name of the Bank)

(Name of the Branch)

(Address)

Sub.: Authorization regarding release of information.

Dear Sir/Madam,

With respect to my savings/current account number .............. maintained with your bank, …….. branch, I hereby authorize your bank i.e. ............ Bank Limited to release various information relating to my account as may be asked for and requested in writing by (Name of the Person or Organization), residing at or headquartered at .................(address).................

This authorization shall be adequate in providing the authority, and shall remain valid until (Date).

Thanking you,

Yours faithfully,

    (signature)

(Name of the Account Holder)

Address: ............................

Mob. ..................

TEMPLATE #2

Date: ..................

From

(Name of the Account holder)

(Registered Address)

(Telephone Number)

To

The Manager

(Name of the Bank)

(Name of the Branch)

(Address)

Sub.: Release of information - authority.

Sir/Madam,

I am hereby authorising the following individual/company, who shall have the authority to request from you and collect information with regard to my savings/current account number .........................

(Name of the Individual/Company)

(Home/Office Address)

Mob/Tel ....................

The information to be requested and collected includes but not limited to basic details of the account, account statements, transaction details, etc.

This authorisation shall remain valid until (Date).

Kindly do the needful and oblige.

Thanking you,

Yours faithfully,

    (signature)

(Name of the Account Holder)