You are on page 1of 2

Requirements for Bank Letter

Please make sure that your bank letter follows these guidelines. Bank letters without one
or more of these requirements may be deemed insufficient, and another letter may be requested.
An acceptable bank letter:
Is printed on bank letterhead AND signed/stamped by bank official
Clearly indicates account holders first and last name in English letters (initials are
not acceptable).
Indicates the account balance OR that the balance is at least equal to the exchange
student expense estimate listed on our website. Please review this figure carefully
before requesting your bank letter.
Account balance amount can be listed in any currency (RMB, GBP, Euro, HK$,
etc.), but the letter MUST clearly state which currency it is using.
Indicates the kind of account held. See below for examples of acceptable and
unacceptable bank account types.
o Acceptable account examples:
Savings
Checking
Ordinary Deposit
Savings Deposit
Passbook Deposit/Savings
Demand Account/Deposit
Collection Savings
o Unacceptable account examples:
Time Deposits
Savings Optional Deposit
Fixed Deposit
PF/PPF (India Retirement Account)
Certificates of Deposit (Similar to CD accounts in the U.S.)
Postal Savings Certificates
Bonds
Retirement Accounts
Investment Funds
Stock Market Accounts
Letters of employment showing wage amounts
Life Insurance Policies
Money Market Accounts
Credit Card Balances
Any account that has a maturity date
Assets

BANK LETTER
[This form must be printed on official bank letterhead. It must be signed/stamped by a bank
official.]

Ohio University
Office of Admissions
Athens OH 45701
USA

Date: Day, Month, 20XX

To whom it may concern:


At our customers instruction and consent, we are pleased to inform you that
__(sponsor or students full name)________ is a valued long-standing client of our bank. As of
today, he/she has $___________ in his/her savings account**. [Amount can be listed in any
currency (RMB, GBP, Euro, HK$, etc.), but the letter MUST clearly state which currency it is
using].
This information is not taken as a representative or a guarantee by the bank. No responsibility or
liability for any damage resulting from or in connection with its use if assumed by the bank or by
its officers, whether in tort, contract or otherwise howsoever. This information is privileged and is
not to be furnished to another party without our written approval.
Very truly yours,

(signature of bank representative)


Title
** See cover page for a list of acceptable account types.

You might also like