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What is an Authorization Letter?
An Authorization Letter allows you as an account holder to grant another trusted individual to perform banking transactions on your behalf. This letter, addressed to an institutional representative, allows the bank to know that the person holding the letter is operating with your permission. At the discretion of the institution, you or your representative may also be required to provide a more formal Power of Attorney assigning this authority.
Sample Authorization Letter
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I, , hereby authorize to act on my behalf as a representative in collecting . The certificate can be found at . I am attaching a copy of the Certificate in order to identify my representative when they come to collect it.
Thank you in advance for your assistance, and I appreciate your cooperation on this matter. Should you need any further information from me regarding the same, I can be reached at . This authorization is effective from through .
Best,
By: | Date: |