What is a letter of good standing?

A letter of good standing is an official letter from the bank responsible for your credit facilities. This must be an original letter on the bank’s letterhead and must include your credit history with their institution. The letter should include information with regards to the length of time you have held an account with the bank, and provide confirmation of any outstanding loans, credit cards or debt facilities.

Please include the full name of a bank manager, relationship manager, employer, or other person who will be able to verify these documents if necessary.

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