Bank Solvency Certificate Template

Bank Solvency Certificate: A solvency certificate is a letter issued by client’s bank by the request of client where the solvency position of client is stated for a certain amount that is available in his/her account. In business purpose, Solvency Certificate is necessary to know about the economic status of a company or firm submit its propose against a bid tender in order to know its financial ability and for that banks issues Solvency Certificate, which is based on the firms/company’s financial data and financial position available to the bank.

 Why Solvency Certificate:

  • Required for education abroad.
  • Tender issuing authority demand solvency certificate from contractor.
  • In case of bank loan, the issuing bank demanded a solvency certificate from applicant’s bank. (If he/she maintained account with other bank’s)

Condition’s of Issuing Solvency Certificate:

Solvency certificate is issued under the following two conditions:

  •  The client has available balance in his account that bank will issue for solvency certificate.
  •  The client has a fixed deposit (FDR) of same amount that bank will issue for solvency certificate.

Template/Format – 2

ON THE BANK’S LETTERHEAD

 

TO WHOMSOEVER IT MAY CONCERN

SUB: BANK SOLVENCY CERTIFICATE

This is to certify that Mr. Nic Johnson s/o Mr. David Johnson, is solvent to the extent of $ 30,000/= (US DOLLARS THIRTY THOUSAND) and to the best of our knowledge and information, is able to meet the year’s expenses of his son Mr. Rachit Jonson.

This certificate is issued at the specific request of the sponsor Mr. Nic Johnson exclusively for onward submission to the university in U.S.A.

However, the certificate does not amount to a commitment on our part of release of exchange from India and does not constitute statement of liability on the part of the bank.

Signature of the Manage

——————————-

Standard Chartered Bank

Template/Format – 2

TO WHOM IT MAY CONCERN

This is to certify that Engg. Sheikh Nasir, House#67/2, Road#6, Mirpur R/A, Dhaka, Bangladesh has been maintaining 2 (Two) different A/C(s) with us. Details of accounts are appended below:

Nature of A/c

Account No.

Present Balance

FDR

3100039600

6,00,000.00

FDR

3100039601

7,00,000.00

Savings

1100120901

60,500.00

Total

13,60,500.00

As per available data with us he is reported to be financially solvent.

For, First Security Islami Bank.

___________________

Authorized Signature

 

Template/Format – 3

The Visa Officer

Employment and Visit Visa Section

Immigration Department

The Government of the Canada

Special Administrative Region, Canada.

 

Sub: Bank Solvency Certificate.

This is to certify that Mr. Sheikh MD Nashir Uddin, SEO Specialist and Consultant of M/s. Seo Sem Marketing Consultant Ltd. is one of the premier customers of our Bank and Expert consultant of the country as well.

Accumulated turnover of this companies with us in 4017 US Dollar and this year is USD 6870.00 Dollar which is reflected their strong financial position and they are large volume of consultancy of our country.

For, HSBC Bank Ltd.

___________________

Authorized Signature

More:      Bank Solvency Certificate for UK Visas

 

 Visitors : 24942

Dolas

The Best multilingual SEO Specialist and Consultant in USA. Want to know more about SEO, or to solve your Problem, contact us today.

You may also like...

1 Response

  1. seo in india says:

    Wow that was unusual. I just wrote an really long comment
    but after I clicked submit my comment didn’t appear. Grrrr…
    well I’m not writing all that over again. Anyhow, just wanted to
    say fantastic blog!