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1. Date and Bank Details: Current date and full details of the receiving bank, including branch information
2. Account Holder Information: Full name, address, and contact details of the account holder(s)
3. Account Information: Specific account number(s) and type(s) of account(s) covered by the authorization
4. Authorization Purpose: Clear statement of the purpose and scope of the authorization
5. Authorized Actions: Specific list of transactions or actions being authorized
6. Duration of Authority: Timeframe for which the authorization is valid
7. Signature and Declaration: Formal declaration of authorization and account holder's signature
1. Corporate Resolution Reference: Required for corporate accounts - reference to the board resolution authorizing this letter
2. Transaction Limits: Include when specific monetary limits need to be set on the authorization
3. Special Instructions: Any specific conditions or restrictions on the authorization
4. Authorized Signatory Details: When authority is being granted to specific individuals - their full details and specimen signatures
5. Revocation Terms: Specific conditions under which the authorization can be revoked before its expiry
1. Schedule A - List of Authorized Accounts: Detailed list of all account numbers and types covered by the authorization when multiple accounts are involved
2. Schedule B - Transaction Limits Table: Detailed breakdown of transaction limits by type of transaction or authorized person
3. Schedule C - Authorized Persons: List of authorized persons with their specimen signatures and specific powers granted to each
4. Appendix 1 - Required Documentation: List of supporting documents provided with the authorization letter (e.g., ID copies, corporate documents)
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