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A Bank Letter of Reference is a crucial document in the Philippine banking system, typically requested when an individual or business needs to establish their financial credibility with third parties. This document is commonly required for various purposes including visa applications, business transactions, rental agreements, or educational admissions. The letter, which must comply with Philippine banking regulations and the BSP's guidelines, provides authenticated information about a customer's banking relationship, including the length of the relationship, account standing, and general financial conduct. It serves as an official testimony from a regulated financial institution, making it a valuable tool for risk assessment and due diligence processes. The document's issuance is subject to strict privacy laws and banking regulations in the Philippines, requiring proper authorization from the account holder and careful consideration of information disclosure limits.

1. Bank Information Header: Bank's letterhead, complete contact details, branch information, and reference number

2. Date and Addressee: Current date and 'To Whom It May Concern' or specific recipient details

3. Customer Identification: Full legal name of the customer and their relationship with the bank

4. Account Relationship: Duration of banking relationship and types of accounts maintained

5. Account Standing: Statement about the satisfactory conduct of the account(s)

6. Disclaimer: Standard disclaimer about the information provided and limitation of bank's liability

7. Authorization Reference: Reference to customer's authorization to release information

8. Signatory Block: Bank officer's name, title, signature, and contact information