Bank Confirmation Letter Reply
Dear client this is with reference to your letter no.
Bank confirmation letter reply. The letter of confirmation should be clear without any misunderstanding as it serves a proof of the agreement of both the partied. Certain banks accept standing instruction from the entity being audited. The response letter should address the person who had initially sent the query.
The bank confirmation letter doesn t indicate the final decision of the client i e. This letter may be used to request information even when an executor does not know the deceased person s account s number or whether they held an account s at the institution. Only original copy of the request letter together with the authorisation letter from the entity will be accepted for processing.
Xxx regarding information required from your good honor dated xx xx xxxx and your response letter no. A bank confirmation letter also requires the. Moreover the bank confirmation is supposed to be received directly from the bank whereas the bank statement has been received through the client.
It should satisfy the query of the person who had asked for a response to a certain situation. A bank confirmation letter bcl is a letter from a bank or financial institution confirming the existence of a loan or a line of credit that has been extended to a borrower. The letter acts as evidence for the auditors of the company for year end audit purposes.
Standard chartered bank wales united kingdom dear sir confirmation of balance in the account. The letter should include specific information which is to the point and satisfies the reader by solving the relevant issue or providing some information about it. Sample bank credit confirmation letter.
We need to determine whether a response to a positive confirmation is necessary to obtain sufficient appropriate audit evidence related to bank balance as at december 31 2013. Xxxx regarding opening of bank account dated xx xx xxxx our letter no. You should end your letter in a congratulatory tone as you are giving your consent so it will be wise to recheck the letter as it may bring problems or misunderstanding for both the points so it needs to be clear from all ambiguities.
Incorrect or invalid information regarding authorising officer s may result in delays in the bank s response to a bank confirmation request. I wish to apply for the confirmation of balance in my account as i am the account holder in your bank and have been using this account for seven years. Henry emerald manager national bank new york ny 53422.
A bank confirmation letter gives an executor the ability to locate assets which the executor did not have prior knowledge. Letter for balance in bank account.
