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An Authority Letter For Bank Statement is a crucial document in the Maltese banking sector, required whenever an account holder needs to formally request bank statements or authorize their release to themselves or designated third parties. This document is particularly important in Malta's robust financial services sector, where it must comply with strict banking regulations and data protection laws. The letter is commonly used for various purposes including tax filings, audit requirements, loan applications, or corporate governance matters. It contains essential information such as account details, statement period requested, and authorization parameters. Under Maltese law, these letters must meet specific requirements set forth by the Malta Financial Services Authority and the Banking Act, ensuring proper handling of confidential financial information while protecting both the bank's and the account holder's interests.

1. Letter Header: Full name and address of the account holder (authorizing party), date, and bank's complete details

2. Subject Line: Clear indication that this is an Authority Letter for Bank Statement

3. Account Details: Account holder's name, account number(s), and other relevant banking details

4. Authorization Statement: Clear statement of authorization, specifying what the bank is being authorized to do

5. Time Period: Specific period for which bank statements are requested

6. Purpose Statement: Reason for requesting the bank statement (adds legitimacy to the request)

7. Authentication Elements: Account holder's signature, identification details, and contact information

8. Closing: Professional closing, signature block, and date of signing