Proof of Funds Letter Samples: Secure Your Transactions

A Proof of Funds (POF) letter is a crucial document that verifies you have sufficient funds available to complete a transaction. Whether you’re buying property, investing in a business, or entering a financial agreement, a POF letter provides assurance to the other party that you have the financial capacity to fulfill your obligations. This article provides 11 diverse examples of POF letters to help you understand the different formats and information required in various situations.

The specific content of a POF letter will vary depending on the context. However, core elements typically include the account holder’s name, the bank’s name and contact information, the account number (sometimes partially masked for security), the available balance, and the date the letter was issued. It’s essential to obtain a POF letter directly from your financial institution to ensure its authenticity and credibility. Avoid relying on self-generated statements, as these may not be accepted.

These samples will give you a solid foundation to create or request an effective Proof of Funds letter. Remember to adapt each sample to your specific situation and consult with your bank or financial advisor for accurate guidance. Ensure that the information provided is accurate and up-to-date to avoid any delays or complications in your transactions.

Below are 11 Proof of Funds Letter samples:

1. Sample 1: Standard Bank POF

             
   [Bank Letterhead]
   [Date]
   
   To Whom It May Concern,
   
   This letter serves as confirmation that [Account Holder Name] holds an account with [Bank Name]. The account number is [Account Number].
   
   As of today, [Date], the available balance in this account is [Amount].
   
   Please contact us at [Bank Phone Number] if you require further information.
   
   Sincerely,
   
   [Bank Officer Name]
   [Bank Officer Title]
             
           

2. Sample 2: Investment Account POF

             
   [Investment Firm Letterhead]
   [Date]
   
   To Whom It May Concern,
   
   This letter confirms that [Account Holder Name] is a client of [Investment Firm Name] and holds investment account number [Account Number].
   
   The total value of the assets held in this account as of [Date] is [Amount]. This includes stocks, bonds, and other securities.
   
   For verification, please contact us at [Investment Firm Phone Number].
   
   Sincerely,
   
   [Investment Advisor Name]
   [Investment Advisor Title]
             
           

3. Sample 3: Business Account POF

             
   [Bank Letterhead]
   [Date]
   
   To Whom It May Concern,
   
   This letter confirms that [Company Name] maintains a business account with [Bank Name], account number [Account Number].
   
   The current balance in this account as of [Date] is [Amount].
   
   Please direct any inquiries to [Bank Phone Number].
   
   Sincerely,
   
   [Bank Manager Name]
   [Bank Manager Title]
             
           

4. Sample 4: Real Estate Purchase POF

             
   [Bank Letterhead]
   [Date]
   
   To Whom It May Concern,
   
   This letter verifies that [Account Holder Name] has sufficient funds available in their account [Account Number] at [Bank Name] to cover the purchase price of a property located at [Property Address].
   
   The available balance as of [Date] is [Amount].
   
   Sincerely,
   
   [Bank Officer Name]
   [Bank Officer Title]
             
           

5. Sample 5: Line of Credit POF

             
   [Bank Letterhead]
   [Date]
   
   To Whom It May Concern,
   
   This letter confirms that [Account Holder Name] has an approved line of credit with [Bank Name], account number [Account Number].
   
   The available credit limit as of [Date] is [Amount].
   
   For verification, please contact us at [Bank Phone Number].
   
   Sincerely,
   
   [Bank Loan Officer Name]
   [Bank Loan Officer Title]
             
           

6. Sample 6: Escrow Account POF

             
   [Escrow Company Letterhead]
   [Date]
   
   To Whom It May Concern,
   
   This letter confirms that [Account Holder Name] has funds held in escrow with [Escrow Company Name], account number [Account Number].
   
   The balance in the escrow account as of [Date] is [Amount]. These funds are designated for [Purpose of Escrow].
   
   Sincerely,
   
   [Escrow Officer Name]
   [Escrow Officer Title]
             
           

7. Sample 7: Savings Account POF

             
   [Bank Letterhead]
   [Date]
   
   To Whom It May Concern,
   
   This letter serves as confirmation that [Account Holder Name] holds a savings account with [Bank Name]. The account number is [Account Number].
   
   As of today, [Date], the available balance in this savings account is [Amount].
   
   Please contact us at [Bank Phone Number] if you require further information.
   
   Sincerely,
   
   [Bank Officer Name]
   [Bank Officer Title]
             
           

8. Sample 8: Down Payment POF

             
   [Bank Letterhead]
   [Date]
   
   To Whom It May Concern,
   
   This letter verifies that [Account Holder Name] has sufficient funds available in their account [Account Number] at [Bank Name] to cover a down payment of [Amount] for the purchase of a property.
   
   The available balance as of [Date] is [Total Amount].
   
   Sincerely,
   
   [Bank Officer Name]
   [Bank Officer Title]
             
           

9. Sample 9: Grant Funding POF

             
   [Grant Organization Letterhead]
   [Date]
   
   To Whom It May Concern,
   
   This letter confirms that [Account Holder Name] has been awarded grant funding through our organization. The fund allocated to the account of the [Account Holder Name] is [Amount].
   
   The available balance as of [Date] is [Amount].
   
   Sincerely,
   
   [Grant Officer Name]
   [Grant Officer Title]
             
           

10. Sample 10: Funds to Cover Business Startup Costs POF

              
    [Bank Letterhead]
    [Date]
    
    To Whom It May Concern,
    
    This letter confirms that [Account Holder Name] has sufficient funds in account number [Account Number] at [Bank Name] to cover business startup costs of [Business Name]
    
    The available balance as of [Date] is [Total Amount].
    
    Sincerely,
    
    [Bank Officer Name]
    [Bank Officer Title]
              
            

11. Sample 11: Stock Investments POF

              
    [Broker Letterhead]
    [Date]
    
    To Whom It May Concern,
    
    This letter confirms that [Account Holder Name] has [Total Units] share units in the [Name of Stock]. The current market price is [Stock value per unit]. Hence,  has a total asset valuation of [Total Stock Investment Amount].
    
    The amount above covers the requirements for Proof of Funds
    
    Sincerely,
    
    [Broker Agent Name]
    [Broker Agent Title]