Bank Confirmation Letter - BCL

A bank confirmation letter (BCL) is exactly what it sounds like: a letter from a bank confirming that a loan or a line of credit has been extended to a borrower.

A bank confirmation letter is an affirmation of your good standing as a bank client. It is a valued chit when buying things on credit from skeptical sellers. Stare into a mirror confidently and tell yourself, "You are strong, in control, and master of your domain." Or you can giggle, "They like me, they really like me!"