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The Authority Letter For Bank Statement is a crucial document in Indonesian banking operations, commonly used when an account holder needs to delegate the authority to obtain bank statements to another party. This delegation might be necessary for various reasons, including corporate audit requirements, tax filing, visa applications, or business operations management. The document must comply with Indonesian banking regulations, particularly Law No. 10 of 1998 on Banking and the Financial Services Authority requirements. It typically includes detailed identification of the authorizing party and the authorized representative, specific bank account details, the scope and duration of authority granted, and necessary legal declarations. This document is particularly important in Indonesia's business environment, where formal authorization is strictly required for accessing banking information, and banks maintain rigid compliance with customer data protection regulations.

1. Letter Header: Date, reference number, and formal letterhead if applicable

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

3. Bank Details: Full name and address of the bank branch where the authority will be exercised

4. Account Holder Details: Full name, ID number, address, and contact information of the account holder

5. Authorized Person Details: Full name, ID number, address, and contact information of the person being authorized

6. Account Information: Relevant bank account numbers and types of accounts covered by the authorization

7. Scope of Authority: Specific powers being granted regarding bank statements (e.g., request, collect, receive)

8. Duration: Validity period of the authorization

9. Legal Declaration: Statement of legal capacity and responsibility for the authorization

10. Signature Block: Space for signatures, names, and dates for both the authorizer and authorized person