Authorization Letter to Bank Template (Download in MS Word, Google Docs, PDF)
Authorization Letter to Bank Example (Copy & Paste)
[Your Name]
[Your Position]
[Bank Name]
[Bank Address]
[City, State, Zip Code]
[Email Address]
[Phone Number]
[Date]
[Recipient's Name]
[Recipient's Position, if applicable]
[Bank Name]
[Bank Address]
[City, State, Zip Code]
Subject: Authorization Letter for Bank Transactions
Dear [Recipient's Name],
I, [Your Name], as the account holder of [Your Account Number] at [Bank Name], hereby authorize [Authorized Person's Name], with identification number [ID number], to conduct banking transactions on my behalf.
[Authorized Person's Name] is authorized to perform the following actions:
Withdraw funds from my account.
Deposit funds into my account.
Transfer funds between my accounts.
Inquire about my account balance and transaction history.
Perform any other banking transactions necessary.
This authorization is effective immediately and remains valid until revoked in writing by me. [Authorized Person's Name] is required to present this authorization letter along with a valid identification document for verification purposes.
Please recognize [Authorized Person's Name] as my lawful representative and provide them with access to all necessary banking services and information.
If you have any questions or require further verification, please feel free to contact me at [Phone Number] or [Email Address].
Thank you for your attention to this matter.
Sincerely,
[Your Name]
[Your Position]
[Bank Name]
An Authorization Letter to Bank grants someone the authority to handle specific banking tasks on your behalf. This letter should clearly state your full name, account number, and the name of the person you are authorizing. Clearly outline the tasks they are permitted to perform, such as withdrawing funds, depositing money, requesting account statements, or making inquiries. Be sure to specify any limitations to their authority and the duration for which this authorization is valid. Include your contact information and the authorized person’s details for verification. Sign and date the letter, and for added security, consider having it notarized. This ensures the bank acknowledges and accepts the authorization, allowing for smooth banking transactions.