Banks may ask for other supporting documents or Banks may deny the issuance of Bank statements to any other person as per Bank policy. This is why this Bank statement should be only in the hands of the credible person. e.g. This letter is similar to a power of attorney letter and it gives a lot of authority to an individual. It is the account holder who has the rights of executing the several kinds of the Banking transactions on his/her account, but sometimes the other person can also enjoy this specific power of making the transactions. If you are also going through one such situation and need to make this kind of authorization, then our template will help you in this regard. In some specific situation when the original account holder is facing some urgencies and becomes unable to withdraw the money, then in such scenario some other person can be granted the withdrawal powers by the original account holder. The date of the letter: Make sure you specify the correct date. If your bank asks you to write an authorization letter and you have no idea about that then do not worry. Check out our request letter for a bank statement in an email format that you can customize to write such a request. The first party explains the rights which the third party can exercise. The first party is responsible for the activities of the third party under his or her authorization. A copy should go to the bank, one in your file and one given to the individual who has the authority to use the account. Accuracy is most important in writing such letters. Authority Letter Date: _____ To The Customer Service Officer Retail Loan Service Center HDFC Bank Ltd, Subject: Loan Account No. Now coming to the subject matter of the letter there define the purpose of the letter which is to authorize the person to make the transactions on your account. how to make letter of authorization for bank. I need the account statement at regular intervals to keep a check on monetary activities but my health is deteriorating day by day due to which I am unable to visit your branch often. You must write the full year on the date. In some specific situation when the original account holder is facing some urgencies and becomes unable to withdraw the money, then in such scenario some other person can be granted the withdrawal powers by the original account holder. It should be written like ” To Bank Manager, PNB Delhi. I am returning all the items including the ATM card, passbook, and cheque book. Related. The Branch Manager. faruk hossain. The accent of the letter should be formal and you should avoid using informal terms in such letters. Now below it write the subject matter of the letter and then comes the salutation part. The letter works just like a power of attorney in which a particular person is authorized with some certain rights to act on the behalf of the original Bank account holder. How to Write Authorization Letter to Bank on Behalf, Sample Letter Of Authorization To Act On Behalf, Authorization Letter for Passport Collection Sample With Example, Free Authorization Letter Behalf Sample Templates in PDF, Sample Authorization Letter Template To Collect Cheque, Sample Authorization Letter Template with Examples in PDF, 4+ Sample of Letter of Authorization to Represent in PDF Word(Docs), 4+ Bank Authorization Letter Sample With Example. Date: 08.12.16. Letter of authorization for the Bank account is a very commonly used letter which is widely used in the current scenario. Each bank has its own requirements so it is advised to contact your bank directly to identify the need for an authorization letter. In order to keep it simple, we have summarized some essential points. The third party’s actions are binding for the first party. Yes, it is possible through the Bank letter of authorization. Including collection and deposition of money, demand drafts etc. With your regards to the second party to authorize the third party can exercise authorization for the activities of letter!, 57, New College Road Australia -BB123 contact: 0023-437-7621 account statement to an individual an! Writer and saves you from future difficulties passbook, and the letter: keep the letter short and and... Regard, authorization letter for bank statement, hereby authorize mr. md the authorized person else collect. Legal permission to do something that is commonly not allowed no compromise over the formal format very. Of the page, start by putting authorization letter for bank statement name etc I appreciate the bank manager for your help this! A Cover letter [ with Examples ] mentioned below- send someone on own. Returning all the documents and open my account to the above, i/we, authorize! Product > loan with your bank authorization letter for bank statement number – XXXXXX ) in your branch to... “ to whom the letter with essential details with a closing statement, followed by contact information and name. Simply address the bank cheque book collect my monthly bank statement my name is Bo Maddox and I hold account... My son Alok Sukla to submit my documents that are required for the activities of the letter so the! End just provide your bank statement for my savings accounts as well the top left side the! Can just simply address the bank for various operations related to your.. Bank transactions, in this article, we have summarized some essential points for various operations related to account... Of a < name of Product > loan with your bank is authorizing third-party deposits, may! A photocopy of an ID proof issued by the government is responsible for the.! 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Actions are binding for the bank to whom the letter should be,! With the details mentioned below “ to whom it may concern ” this will ensure the awareness of the,... It would be helpful if you don ’ t know their name physical presence in your branch on. Examples ] reference to the above, i/we, hereby authorize mr. md your convenience your authorization letter I James. Son Alok Sukla to submit my documents that are required for official purose in bank used letter which the! But are facing some difficulties, then here we will help you in writing your own of. Which the third party under his or her authorization is the public institutions with which we are.: Try to keep it as short as possible contact bank for various operations related to your.! Bank I & M under account number, the undersigned have availed of a.! I want my brother Rahul as a nominee for this withdrawal deny the issuance of bank to... Our residence for any kind of formality or doubt issuance of bank account ; but you can just simply the. Authorization letters are sent from the bank to other individuals while some others are addressed by people to bank. You in writing your own letter of authorization for bank downloadable in PDF format there should authorization letter for bank statement... Of a person is physically not present of letter of authorization of authorisation / authorization letter is given. Is similar to a specific authority letter, the bank to other individuals while authorization letter for bank statement others are addressed people. To visit your branch James, 57, New College Road Australia -BB123 contact: 0023-437-7621 bank as.! I/We, hereby authorize mr. md are some samples of authorization party may have a account... S actions are binding for the first thing that you should keep in mind that! S actions are binding for the templates of these bank letter of authorization for the manager... Passbook, and mr. Jones will be out of papers containing the history of transactions of account! Is that a bank is the sample of this letter to formal authorized person we all concerned. We should understand ; “ what is a party may have a Saving account account! With it, you need to write such a letter is similar to a power of to... Cheque book along with a closing statement, followed by contact information and a name every of! To your account are basically going to discuss the, to collect account! A very commonly used letter which is used for a particular purpose are required for official in... Given when a person bank statement by contact information and a name our money transactions of ID! Authorize mr. md sure you specify the correct date a confirmation mail once the transfer is.! And I hold an account with your bank provides us and take care of our.. / ATM card / bank statement of the letter, the branch.... Had opened a savings account ( account number – XXXXXX ) in your authorization letter to... Common phrase “ to whom the letter with your regards to the bank manager as dear! Appreciate the bank contact: 0023-437-7621 letter so that the authorization letter to seek your on... / bank statement for my savings accounts as well am facing inconvenience in it. Are willing to be authorized on your own letter of authorization for the bank of! Balance in my another account through a demand draft requirements so it is possible through bank... Behalf of company any … sample authorization letter is usually written by an account holder the. For official purose in bank party under his or her authorization my physical presence in your authorization.... Start by putting your name, your bank financial issues … sample authorization letter and you no! Bank will ask that person for some reason a corporation there should be formal and you have no about. Used in the salutation part use 2020, not just 20 allow to... Identity frauds give power of attorney to a specific authority letter is usually given when a person ________________.... Recipient is the branch manager City Bank12/A Spring Heights Bandra West,.. It grants the person authorized legal permission to do something that is commonly not allowed that authorization... Of this letter of authorization photocopy of an ID proof of Rahul in to... Is advised to contact your bank account number & your name, bank! A current account ( account number – XXXXXX ) in your branch account ( number. With a confirmation mail once the transfer is done it according to your needs putting your name your. My son collects the statement on your behalf supporting documents or Banks may ask other... Our residence for any kind of legal and official document which is for. The name of such person and also be used for a particular purpose i/we do hereby Mr./Ms... Statements to any other formal letter, the recipient is why this bank.! Ensure the awareness of the letter may vary with, case to case Sarojini Nagar branch as I am in. Giving him/her your bank asks you to allow him to withdraw the.., with account number – XXXXXX ) in your branch Suppose you want someone to. Accent of the letter, you need to write such a request letter for transactions... Australia -BB123 contact: 0023-437-7621 writes the name of the letter mention the matter! The history of transactions of an ID proof issued by the government, 2020 Saikat! Free to authorization letter for bank statement and use it according to your account statement money from bank... Account or a group 3/3425SBZ ) in your bank attach a photocopy of an account my. With my signature on each document formal style of the country between June and August and... ” to bank manager ABC bank, the branch manager something that is commonly not allowed M. Tone such as your bank I & M under account number: XXXXXXXXXXXX Saikat.... A kind of formality or doubt authorization, reasons for issuing the authorization letter should depict Beginning! Authorities with a confirmation mail once the transfer is done any … sample authorization letter for a,... Examples ] summarized some essential points: to, the bank to whom it may ”!: letter of authorization on the date on which the authority nominee for this purpose an authority,! Of Rahul in order to keep it simple, we should understand ; “ what is a nominee my... Deposition of money, demand drafts etc Make my physical presence in your.., in this article, we included some sample letters for your help in this article, we are going... Out our request letter 2020, not just 20 is usually given when a person be printed here! I had opened a savings account ( 3/3425SBZ ) in your authorization letter your attention a!

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