Authorization Letter For Bank Statement Template for Denmark

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Key Requirements PROMPT example:

Authorization Letter For Bank Statement

I need an Authorization Letter For Bank Statement that allows my tax advisor to access my personal bank statements from Danske Bank for the tax year 2025, with the authorization valid until June 30, 2025.

Document background
The Authorization Letter for Bank Statement is a crucial document used in various business and personal contexts where third-party access to banking information is required. This document is particularly important in Denmark, where strict banking regulations and data protection laws govern the sharing of financial information. It is commonly used for audit purposes, visa applications, loan applications, or when professional advisors need access to financial records. The letter must comply with Danish banking regulations, including the Financial Business Act and Data Protection Act, while clearly outlining the scope of authorization, time period, and specific accounts covered. The document serves as a formal delegation of authority and must include sufficient details to satisfy both banking requirements and privacy regulations. Given Denmark's robust financial sector and international business environment, these authorization letters often need to accommodate both domestic and international banking relationships.
Suggested Sections

1. Date and Place: Current date and place of signing the authorization letter

2. Bank Details: Full name and address of the bank to which the authorization is addressed

3. Account Holder Information: Full name, address, and identification details of the account holder

4. Authorized Party Information: Full name, address, and identification details of the person/entity being authorized to access the statements

5. Account Information: Relevant account numbers and types covered by the authorization

6. Scope of Authorization: Specific details about what information can be accessed and for what time period

7. Purpose Statement: Clear statement of the purpose for which the bank statement is required

8. Duration of Authorization: Validity period of the authorization

9. Signature Block: Space for account holder's signature, date, and any required witnesses

Optional Sections

1. Data Protection Acknowledgment: Additional section acknowledging GDPR requirements and data protection rights, used when the authorized party is an organization or when sensitive data is involved

2. Revocation Terms: Section specifying how the authorization can be revoked, included when the authorization period is lengthy or when required by the bank

3. Language Declaration: Statement about the governing language if the letter is bilingual, used when dealing with international parties

4. Digital Access Authorization: Special provisions for digital/online access to statements, included when electronic access is required

Suggested Schedules

1. Identification Documents: Copies of required identification documents for both the account holder and authorized party

2. Specific Account List: Detailed list of all accounts covered by the authorization if multiple accounts are involved

3. Bank's Authorization Form: Any specific forms required by the bank, attached as supplementary documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Banking and Financial Services

Professional Services

Legal Services

Accounting and Audit

Real Estate

Insurance

Corporate Services

Tax Advisory

Immigration Services

Education

Healthcare

Relevant Teams

Legal

Finance

Compliance

Treasury

Corporate Secretariat

Risk Management

Accounting

Tax

Banking Operations

Client Services

Relevant Roles

Financial Controller

Accountant

Legal Counsel

Compliance Officer

Tax Advisor

Immigration Consultant

Audit Manager

Banking Relationship Manager

Corporate Secretary

Finance Director

Business Administrator

Risk Manager

Treasury Manager

Financial Advisor

Company Director

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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