Verification of Deposit Form

A verification of deposit form is a document used by lenders, landlords, and financial institutions to confirm that an applicant holds a deposit account and to verify current and average balances. It's completed by the applicant's bank or financial institution and returned to the requesting party as part of an application review. It's the documented confirmation that gives underwriters and property managers the account information they need to make an informed decision.

Mortgage lenders use it to confirm an applicant's assets before approving a loan. Landlords and property managers use it to verify that a prospective tenant has sufficient funds to cover a deposit and first month's rent. Financial institutions use it as part of broader credit or loan application reviews. The requesting party sends the form to the applicant's bank, and the bank completes and returns it directly.

Cover every detail needed to confirm account standing:

• Applicant's full name and account number
• Financial institution name, branch, and authorized contact
• Account type (checking, savings, money market, etc.)
• Date account was opened
• Current account balance
• Average balance over the past two to three months
• Any outstanding loans against the account
• Authorized signature and date from a bank representative

Once the applicant completes their section, route the submission to the relevant financial institution for completion. Share the form link directly, or export the pre-filled applicant section and send it as part of your standard verification request. Connect submissions to Google Sheets via Zapier so every request is tracked from sent to received, and nothing falls through while you're waiting on the bank.

Typeform transmits data over encrypted connections and stores it securely. For sensitive financial information, use Typeform's data handling settings to control who has access to submissions, and confirm your organization's data retention policies apply to form responses. If your institution has specific compliance requirements around financial data, review Typeform's security documentation before collecting account information through the form.