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A Bank Transfer Request Letter is a fundamental banking document used in Australian financial transactions to formally request the transfer of funds from one bank account to another. This document is essential when written authorization is required for significant transfers, international payments, or when specific transfer instructions need to be documented. The letter must comply with Australian banking regulations, including the Banking Act 1959 and Anti-Money Laundering and Counter-Terrorism Financing Act 2006. It contains critical information such as account details, transfer amount, purpose of transfer, and authorization, serving as both an instruction to the bank and a record of the requested transaction. This document is particularly important for business operations, audit trails, and ensuring clear communication between the account holder and the banking institution.

1. Sender Information: Full name, account number, contact details, and address of the person/entity requesting the transfer

2. Date: Date of the transfer request

3. Bank Branch Details: Name and address of the bank branch where the request is being made

4. Transfer Amount: Clear statement of the amount to be transferred, in both figures and words

5. Recipient Information: Full name, bank account number, bank name and branch of the recipient

6. Purpose of Transfer: Clear statement explaining the reason for the transfer

7. Authorization: Explicit authorization statement and signature of the account holder