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An Authorization Letter To Claim Money On My Behalf is a crucial legal instrument in Philippine banking and financial transactions when an individual cannot personally collect or claim funds. This document is commonly used in various scenarios such as overseas workers authorizing family members to collect remittances, employees delegating authority to collect salary or reimbursements, or individuals authorizing representatives to handle banking transactions. The document must comply with Philippine banking regulations, anti-money laundering laws, and notarial requirements. It typically includes the full details of both the principal and the authorized representative, specific authorization scope, transaction details, and necessary declarations to establish its legitimacy. Financial institutions in the Philippines generally require this document to be notarized to prevent fraud and ensure legal validity.

1. Date and Place: Current date and location where the letter is being executed

2. Recipient Details: Name and address of the bank/institution where the money will be claimed

3. Principal's Information: Complete name, address, and valid ID information of the person giving the authorization

4. Attorney-in-Fact Information: Complete name, address, and valid ID information of the authorized representative

5. Authorization Statement: Clear and specific declaration of the authority being granted to claim money

6. Transaction Details: Specific details about the money to be claimed (amount, source, account numbers if applicable)

7. Declaration of Sound Mind: Statement that the principal is of legal age and sound mind while executing the document

8. Signature Block: Space for signatures of the principal, authorized representative, and notary public