Here’s a bank authorization letter sample with some guides in writing this.
BANK AUTHORIZATION LETTER SAMPLE – Here are some guides and tips when writing this kind of formal letter for some bank transactions.
An authorization letter falls under the formal letter, one of the two types of letters that are used mainly for record and documentation and proof of validity, transaction, agreement, or inquiry. As for authorization for a bank, this letter serves as a legal document that allows a person to collect the documents on behalf of someone else.
This is during cases when the person is unable to do it due to some valid reasons. The letter serves as permission to act like collecting documents, handling financial transactions, and making decisions. When you authorize someone, it is important to note that you are directly accountable for the activities that may happen which is why it is important to give authority to the people you trust the most.
When making this letter, it is important to follow these important details:
- Be formal in terms of tone, choice of words, and format.
- Be polite.
- The branch manager is the recipient but if you don’t know the name, you can always use To whom it may concern in the salutation.
- Make sure to put the date.
- In the body of the letter, be brief, formal, clear, and specific about your transaction.
Here’s an example of a bank authorization letter:
[Name]
[Address]
[Contact]
[Date]
[Recipient Name]
[Recipient Address]
[Recipient Contact]
To whom it may concern:
I, Juan Dela Cruz, have been a customer of your bank since 2005 with a savings account and a recurring deposit account. The details of my accounts are attached to this document.
I hereby authorize Jane Dela Cruz, my wife, to be appointed representative with full access of my accounts as I will be away for one month for a business trip. I assure you of my full consent with regards to this authorization.
Kindly allow Jane to make necessary acts to both the accounts such as making deposits, cash withdrawals, and make required signatures as I will not be able to make these. This authorization should be granted from today, October 5, 2012 until November 5, 2012, unless otherwise notified.
Attached are the necessary documents as proof of identity for confirmation of my relationship with Jane Dela Cruz as I authorize her to handle my banking. In case you need to contact me for clarification and verification, you can reach me on my cellphone at 0912-345-6789.
Sincerely,
[Signature]
Juan Dela Cruz