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Financial Information Release Form
"I need a Financial Information Release Form that allows my investment bank to share my financial records with a mortgage provider for a property purchase, with the authorization valid for 3 months starting from January 2025."
1. Requestor Information: Full details of the person/entity requesting financial information including name, address, contact details, and any relevant identification numbers
2. Information Owner Details: Complete details of the person whose financial information is being requested, including name, address, account numbers, and other relevant identifiers
3. Scope of Information: Detailed specification of the financial information being requested, including account types, date ranges, and specific data points required
4. Purpose Declaration: Clear statement of the intended purpose for requesting the information and how it will be used
5. Consent Statement: Explicit consent declaration including acknowledgment of data protection rights and authorization for information release
6. Data Protection Notice: Comprehensive notice about data processing, storage, security measures, and rights under UK GDPR and Data Protection Act 2018
1. Third Party Authorization: Additional authorization section when information is to be released to a party other than the requestor
2. Time Limitation Clause: Specification of the time period for which the authorization remains valid
3. Confidentiality Requirements: Special handling and security requirements for the released information
4. Revocation Rights: Information about the right to withdraw consent and the process for doing so
1. Schedule 1 - ID Verification Requirements: List of acceptable identification documents and verification requirements
2. Schedule 2 - Information Request Specification: Detailed form specifying exact information required and format of delivery
3. Schedule 3 - Authority Documentation: Template or requirements for power of attorney or other authority documents if applicable
4. Schedule 4 - Data Protection Statement: Detailed privacy notice and data protection information as required by UK GDPR
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