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1. Date and Place: Current date and location where the letter is being executed
2. Bank Details: Full name and address of the bank branch where the account is held
3. Account Holder Information: Full name, address, and contact details of the account holder
4. Account Details: Bank account number and type of account
5. Authorized Person Information: Full name, address, and identification details of the person being authorized to make the withdrawal
6. Authorization Statement: Clear statement of authorization specifying the powers being granted
7. Withdrawal Details: Specific amount authorized for withdrawal or statement if it's a general authorization
8. Signature Block: Space for account holder's signature and date
1. Time Limitation: Include when the authorization is only valid for a specific time period
2. Transaction Limits: Include when there are specific limits on withdrawal amounts or frequency
3. Purpose Statement: Include when the withdrawal is for a specific purpose that needs to be documented
4. Witness Details: Include when bank policies or circumstances require witness verification
5. Special Instructions: Include when there are specific conditions or instructions for the withdrawal
6. Revocation Clause: Include when specifying conditions under which the authorization can be revoked
1. Identity Documents: Copies of valid identification documents for both account holder and authorized person
2. Specimen Signature: Specimen signatures of both the account holder and authorized person
3. Bank Account Statement: Recent bank statement or proof of account ownership (if required by bank)
4. Power of Attorney: Copy of power of attorney document if the authorization is given under an existing POA
Banking and Financial Services
Corporate Services
Legal Services
Business Administration
Retail Banking
Commercial Banking
Financial Technology
Trust Services
Investment Services
Professional Services
Legal
Compliance
Finance
Administration
Operations
Treasury
Risk Management
Corporate Services
Customer Service
Branch Operations
Bank Manager
Compliance Officer
Legal Counsel
Financial Controller
Company Secretary
Administrative Assistant
Account Manager
Treasury Manager
Finance Director
Risk Manager
Operations Manager
Branch Manager
Corporate Services Manager
Financial Advisor
Trust Officer
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