A Character Reference Letter For Bank is a crucial document within the Nigerian banking sector, typically required when individuals seek to establish or expand their banking relationships. This document is commonly requested during account opening procedures, loan applications, or when applying for specific banking products that require character verification. The letter should be written by a professional or person of standing who can credibly attest to the subject's character, financial responsibility, and general reputation. Under Nigerian banking regulations, particularly the Central Bank of Nigeria's KYC guidelines, such references form part of the customer due diligence process. The document helps banks assess potential clients' trustworthiness and comply with regulatory requirements while managing risk in their operations.

1. Letterhead Information: Referee's full name, professional title, business address, and contact details

2. Date and Bank Details: Current date and the receiving bank's name and address

3. Salutation: Formal greeting addressing the appropriate bank official or department

4. Subject Line: Clear indication that this is a character reference for [Subject's Name]

5. Introduction: Referee's introduction and purpose of the letter

6. Relationship Context: Nature and duration of relationship between referee and subject

7. Character Assessment: Specific examples and observations of the subject's character, reliability, and integrity

8. Financial Responsibility: Comments on the subject's known financial behavior and responsibility

9. Closing Statement: Willingness to be contacted for further information and recommendation statement

10. Signature Block: Formal signature, printed name, title, and contact information of the referee