Bank Consent Letter Template for Singapore

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Bank Consent Letter

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Bank Consent Letter

"I need a Bank Consent Letter for our Singapore subsidiary to authorize our parent company's auditors to access our corporate account statements for the period January-March 2025, ensuring compliance with MAS regulations."

Document background

A Bank Consent Letter is a crucial document in Singapore's banking system, used when an account holder needs to authorize specific banking actions or grant access to account information. This document must comply with Singapore's strict banking regulations, including the Banking Act and MAS guidelines. The letter typically specifies the scope of authorization, duration of consent, and any conditions attached to the permission. It's particularly important in scenarios involving third-party access, account information sharing, or specific transaction authorizations, serving as a legal safeguard for all parties involved.

Suggested Sections

1. Bank Details: Full name and address of the bank

2. Account Holder Details: Full name and identification details of the account holder

3. Purpose of Consent: Clear statement of what is being consented to

4. Scope of Authorization: Specific details of what the bank is authorized to do

5. Duration: Period for which the consent remains valid

Optional Sections

1. Third Party Details: Information about authorized third parties, used when consent involves third-party access

2. Specific Transactions: Details of specific transactions covered, used when consent is transaction-specific

3. Revocation Terms: Conditions for revoking consent, included for longer-term authorizations

Suggested Schedules

1. Identification Documents: Copies of account holder's identification documents

2. Account Details: List of relevant account numbers and types

3. Authorization Forms: Any additional bank-specific forms required for the consent

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Authorization
Consent Scope
Data Protection
Duration
Electronic Communication
Governing Law
Indemnification
Information Access
Notices
Privacy
Revocation Rights
Security Measures
Third Party Rights
Transaction Authorization
Use Limitations
Variation
Waiver of Rights

Relevant Industries

Banking and Finance
Financial Services
Corporate Services
Investment Management

Relevant Teams

Compliance
Legal
Finance
Treasury
Operations

Relevant Roles

Relationship Manager
Compliance Officer
Account Manager
Treasury Manager
Financial Controller

How Genie AI reduced drafting time by 75% for a legal firm

Let's create your Bank Consent Letter

Authors

Alex Denne

Find the exact document you need

To Whom It May Concern Authorization Letter

Salary Deduction Form

Parental Consent Letter For Visa Application

Medical Consent Form For Minors

Consent To Disclosure Of Information

Consent Authorization

Authorization Letter To Get Diploma

Authorization Letter To Claim Parcel

Authorization Letter To Claim ATM Card

Authorization Letter To Claim Allowance

Authorization Letter For Visa Collection

Authorization Letter For Legal Purposes

Authorization Letter For Deed Of Sale

Authorization Letter For Cheque

Authorization Letter Credit Card

ACH Payment Form

Consent To Disclose Personal Information

Board Resolution For Authorisation To Represent The Company

Authorisation Letter For Vehicle

Authorisation Letter For Bank

Passport Delivery Authorization Letter

Authorization Letter With Attached ID

Authorization Letter To Process Business Permit

Authorization Letter For Visa Application

Authorization Letter To Sign Agreement On Behalf Of Company

Authorization Letter To Deposit Check

Direct Debit Authorisation Form

Letter To Bank For Change In Authorised Signatory

Authorization For Disclosure Of Information Form

Client Authorisation Form

Collection Authorisation Form

Authorization Letter For Salary

Authorized Representative Verification Letter

Automatic Deposit Form

Authorization For Release Of Information Form

Third Party Authorization Letter

Bank Consent Letter

Authorization Letter For Proof Of Address

Authorization Letter For Payment

Authorization Letter For Check Encashment

Authorization Letter For Getting Money

Authorization Letter For Electric Connection

Authorization Letter For Diploma

Authorization Letter For Affidavit Of Loss

Board Resolution For General Authorisation

Third Party Credit Card Authorization Form

Third Party Authorization Form

Permission Release And Consent Form

Payroll Deduction Form

Tenant Authorization Letter

Payroll Deduction Authorization Form

Signature Authorization Form

Payroll Authorization Form

Return Merchandise Authorization Form

Return Authorization Form

Release Of Authorization Form

Payment Authorization Form

Passport Authorization Form

Recurring ACH Payment Authorization Form

Proxy Letter For Authorization

Property Authorization Letter

Preauthorized Debit Form

Parental Authorization Form

Owner Authorization Form

Overtime Authorization Form

Non Borrower Credit Authorization Form

Minor Authorization Form

Medical Release Form For Minor

Medical Release Form For Adults

Credit Check Consent Form

Credit Card Payment Authorization Form

Credit Card Information Form

Credit Card Authorization Letter For Air Ticket Booking

Credit Card Authorization Form

Credit Bureau Consent Form