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Wage Verification Letter
"I need a Wage Verification Letter for an employee who has been with us for 3 years, including their basic salary and quarterly bonuses, as they're applying for a home loan with DBS Bank in January 2025."
1. Letter Header: Company letterhead, date, reference number
2. Addressee Details: Name and address of requesting party/institution
3. Employee Information: Full name, NRIC/FIN, position, employment duration
4. Salary Information: Current salary, breakdown of components, payment frequency
5. Employment Status: Confirmation of current employment status
6. Authorization Statement: Statement confirming authority to issue letter
7. Signatory Details: Name, position, and signature of authorized person
1. Historical Salary Information: Previous salary details for loan applications or when specifically requested
2. Benefits Information: Additional benefits and allowances when relevant to the verification purpose
3. Purpose Statement: Specific purpose for which letter is issued, when letter is for specific institution or purpose
1. Salary Payment Records: Recent payslip copies if required
2. CPF Contribution History: Statement of CPF contributions if needed
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