Bank authorization letter is usually a formal consent letter addressed to notify the bank that an individual has authorized another person to take financial decision on his/her behalf. There are several types of banking authorization letters. Some are sent from the bank to other individuals while some others are addressed by people to the bank.
Such letters are applicable to a number of situations for instance writing a letter to a bank to authorize another person to handle financial affairs. This legal procedure is very sensitive and depends on the details provided by the actual or legal owner of the possessions.
Hence include all your contact information, as well as of the person who will be in charge of your accounts in your authorization letter to the bank.
Sample Bank Authorization Letter
Ms. Daley Thomas
45/76 Rainy Apartments
Mr. Allen Wills
343, Lincoln Lane
Date: 16 May, 2014
Subject: Authorization of Bank A/c 000-000-000
Dear Mr. Wills
I undersigned Daley Thomas, hereby authorize Mr. William Thomas, my husband to act on my behalf with regard to operate my bank A/c 000-000-000 while I am hospitalized.
You are requested to authorize my account from May 16, 2014 through Jun 12, 2014. As I am unable to travel, Mr. William Thomas is authorized to make deposits and withdrawals, use online bill payment services, and issue checks from my account.
Kindly ensure to complete the enclosed forms with required details and other necessary information in this matter. In case of any query feel free to contact me.
Given Below are a few Authorization letter samples for a clearer Idea.
Short Sale Authorization Letter
Short sale authorization letter is a formal letter addressed to a particular company to inform the recipient about a short sale program by the sender.
Authorization Letter to Pick Up
An authorization letter to pick up is written to authorize a person to pick up goods/materials/consignment on your behalf.
Medical Treatment Authorization Letter Sample
A Medical treatment authorization letter is generally written by the management of a company/employer to authorize a particular employee to obtain a medical treatment under the expense of the company.
Credit Card Authorization Letter Template
Credit card authorization is written to authorize someone to use your credit card. The recipient of such letters is normally banks and other larger corporation.
Authorization Letter to Claim
An Authorization Letter is a formal letter which gives the holder of the letter the authority to either grant permission for something or collect something from somewhere.