Document background
The Authorization Letter For ATM Card Collection is a crucial document within the Saudi Arabian banking system that facilitates the secure delegation of ATM card collection to a trusted representative. This document becomes necessary when account holders are unable to personally collect their ATM cards due to various circumstances such as travel, illness, or business commitments. The letter must comply with SAMA regulations and typically includes comprehensive identification details of both parties, specific authorization language, and validity period. It serves as a security measure ensuring that ATM cards are only released to properly authorized individuals, thereby protecting both the bank's and account holder's interests. The document must be properly executed according to Saudi Arabian banking protocols, which may include specific authentication requirements depending on the issuing bank's policies.
