Bank Letter

November 20.2008
ALTUS MAN SENTENCED 41 MONTHS AND MUST PAY OVER $4 MILLION IN RESTITUTION FOR USING FAKE CHURCH BOND TO DEFRAUD WESTERN OKLAHOMA BANKS

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November 19.2008
Interim Assistant Secretary Neel Kashkari Remarks on Implementation of the Emergency Economic Stabilization Act

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November 19.2008
Company to Pay $5.6 Million for Allegedly Overcharging U.S. on Contract to Recruit & Select Airport Screeners

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November 19.2008
SENATOR DIANNE WILKERSON INDICTED FOR ATTEMPTED EXTORTION

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November 19.2008
Former State Senator Wayne Bryant Guilty of all Counts for Schemes to Obtain a Corrupt Low-show Job at UMDNJ and Fraudulently Pad State Pension – Former Dean of Medical School Also Convicted –

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November 19.2008
FORMER BROKERAGE FIRM CEO CHARGED IN NATURAL GAS MISMARKING SCHEME AND FORMER LEAD TRADER AT BANK OF MONTREAL PLEADS GUILTY

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November 19.2008
MIAMI HIV CLINIC ADMINISTRATOR AND TWO MIAMI RESIDENTS SENTENCED FOR THEIR ROLES IN A $14 MILLION MEDICARE FRAUD SCHEME

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November 19.2008
From the Heart to Our Troops

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November 19.2008
In Case You Missed It: 'Fighting the Financial Crisis, One Challenge at a Time'

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November 19.2008
Testimony by Treasury Secretary Henry M. Paulson, Jr. before the House Committee on Financial Services

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November 19.2008
Two Charged With Illegal Trading With Iran

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November 19.2008
D.C. Court of Appeals Clears Way for $200 Million Restitution Order in Tax Fraud Conviction

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GUIDE / Bank Letter

Bank Letter

* DESCRIPTION: Bank Letter is required by many foreign receiving organizations as proof that a company is solvent. Each bank has its own form of a reference letter that it provides upon request. Usually the bank letter sets forth the name of the company, the date the account was opened, and the statement that the account is in good standing.

* LEGALIZATION: APOSTILLE: If the document is intended for use in a foreign country it has to be legalized (another word is “authenticated”) for foreign use. This is a process in which various seals are placed on the document. The legalization procedure basically depends on one factor: whether the target country has joined the Convention Abolishing the Requirement of Legalization for Foreign Public Documents (“The Hague Convention”). In this case the only legalization required is an Apostille certificate. (Apostille is a French word which means a certification). A document bearing an Apostille is valid in all of the Hague countries.

* CONSULAR LEGLAIZATION: Many foreign jurisdictions have not joined the Hague Convention. If the document is intended for a non-Hague country the consular legalization will be required. Before the consulate or the embassy can stamp the document, the document has to be authenticated on the state and federal levels.

* LEGALIZATION REQUIREMENTS: In many cases banks issue original reference letters that can be notarized upon request. In other cases they provide computer generated reference letters. Notarized originals are good for legalization. In case the bank issued you a computer generated letter it has to be accompanied by an original notarized affidavit signed by an officer of your company. We will furnish a sample affidavit when we process your order for the legalization.