Document background
An Authority Letter For Bank Statement is a crucial document used when an account holder needs to authorize a third party to access their bank statements in the Netherlands. This document is commonly required for various purposes such as visa applications, audit procedures, tax filings, or financial advisory services. The letter must comply with Dutch banking regulations, the General Data Protection Regulation (GDPR), and the Dutch Civil Code. It typically specifies the authorized party's details, the scope of access, time period for which access is granted, and any specific conditions or limitations. The document serves as a protective measure for both the bank and the account holder while ensuring transparent and authorized access to financial information.
