An Authorization Letter To Collect Property Documents From Bank is essential in Singapore when property owners need to delegate the collection of important documents from banking institutions. This document is commonly used during property transactions, refinancing, or when the property owner cannot personally collect documents due to various circumstances. It must comply with Singapore's Banking Act, PDPA, and MAS guidelines, requiring specific details about the authorizer, authorized person, and the documents to be collected. The letter serves as a legal safeguard for all parties involved and ensures smooth document retrieval while maintaining banking confidentiality standards.
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1. Date: Current date of the authorization letter
2. Bank Details: Full name and address of the bank branch holding the documents
3. Authorizer Details: Full name, NRIC/passport number, and contact details of the person giving authorization
4. Authorized Person Details: Full name, NRIC/passport number, and contact details of the person being authorized
5. Document Description: Specific description of the property documents to be collected
6. Authorization Statement: Clear statement of authorization and its scope
7. Validity Period: Duration for which the authorization is valid
1. Witness Details: Details of witness when notarization is required
2. Special Instructions: Any specific handling or delivery instructions
1. Identity Documents: Copies of NRIC/passport of both authorizer and authorized person
2. Property Ownership Proof: Copy of property ownership documents or relevant reference numbers
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