An Authority Letter For Bank Statement is a crucial document in the Maltese banking sector, required whenever an account holder needs to formally request bank statements or authorize their release to themselves or designated third parties. This document is particularly important in Malta's robust financial services sector, where it must comply with strict banking regulations and data protection laws. The letter is commonly used for various purposes including tax filings, audit requirements, loan applications, or corporate governance matters. It contains essential information such as account details, statement period requested, and authorization parameters. Under Maltese law, these letters must meet specific requirements set forth by the Malta Financial Services Authority and the Banking Act, ensuring proper handling of confidential financial information while protecting both the bank's and the account holder's interests.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Letter Header: Full name and address of the account holder (authorizing party), date, and bank's complete details
2. Subject Line: Clear indication that this is an Authority Letter for Bank Statement
3. Account Details: Account holder's name, account number(s), and other relevant banking details
4. Authorization Statement: Clear statement of authorization, specifying what the bank is being authorized to do
5. Time Period: Specific period for which bank statements are requested
6. Purpose Statement: Reason for requesting the bank statement (adds legitimacy to the request)
7. Authentication Elements: Account holder's signature, identification details, and contact information
8. Closing: Professional closing, signature block, and date of signing
1. Third Party Authorization: Section authorizing a specific third party to collect the bank statement, if not being sent directly to the account holder
2. Special Instructions: Any specific format requirements, delivery instructions, or handling requirements
3. Statement Format: Specification of whether electronic or physical copies are required
4. Urgency Declaration: If the statement is needed urgently, including timeline requirements
5. Language Preference: Specification of preferred language for the bank statement if the bank offers multiple options
1. Account List: Schedule listing all relevant account numbers if authorization is needed for multiple accounts
2. Identification Documents: Copies of required identification documents as per bank's requirements
3. Authorized Personnel: List of authorized persons if multiple individuals are permitted to collect the statement
Find the exact document you need
No items found.
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)