Document background
The Authorization Letter for Bank Certificate is a crucial document in Singapore's banking framework, commonly used when account holders need to prove their financial status or account details to third parties. This document is essential for various purposes such as visa applications, property transactions, or business dealings. It must adhere to Singapore's strict banking regulations, particularly regarding customer confidentiality and data protection. The letter specifies what information the bank is authorized to disclose, ensuring compliance with the Banking Act while meeting the account holder's specific needs.
