Definitions for "Verification of Deposit"
Verification of account balance and history. This information must be verified through the borrower's bank.
Standardized form that is filled out by a bank official that verifies liquid assets in a depository institution.
A document signed by the borrower's financial institution verifying the status and balance of the borrower's financial accounts.
a form that requests and secures verifications of amounts on deposit that the applicant lists on the loan application.