A bank statement is a print out of papers containing the history of transactions of an account holder. Including collection and deposition of money, demand drafts etc. There are 3 parties involved in such situation. To. Sub: Authorization letter to collect Cheque Book / ATM card / Bank Statement. Put your official signature at the end of the letter so that the authorization can be validated. 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. 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. The first party is responsible for the activities of the third party under his or her authorization. Now at the end just provide your Bank details such as your Bank account number& your name etc. In most cases, a request letter is written to the bank manager. Respected Sir, I Henry James have a Saving Account (3/3425SBZ) in your bank. XYZ Bank. Such a letter is a proof of your permission given to the concerned organization to allow someone else to perform the official tasks on your behalf. An authorization letter is a legal document written by an individual or a group of people to grant someone else the authority to act on their behalf. Therefore, I request you to kindly change the nomination and add my brother Rahul as a nominee. 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. The person who has the Bank account enjoys the authority of making these kinds of transactions and no other person can make the transactions on the account of that person unless authorized. There are different objectives for writing an authorization letter. Now in the main letter start the letter by specifying that you are having your Bank account in the concerned branch of the Bank and now you are willing to authorize a particular person on your behalf to execute the several kinds of the Banking transactions. Dear Sir/Madam, My name is Bo Maddox and I hold an account with your bank I&M under account number 37282036BM. Now below it write the subject matter of the letter and then comes the salutation part. Kindly take the needful action as early as possible. how to make letter of authorization for bank. authorization letter for bank transactions. Lastly, the Third Party is the person receiving the authority. Hence I request you to verify all the documents and open my account with my son as an authorized person. It would be helpful if you transfer my account to the Sarojini Nagar branch as I am facing inconvenience in operating it. And here below is the sample of this letter, which will help you in writing your own letter of authorization. Subject: Authorization to collect my Bank Statement. authorization letter to bank to get the bank statement; bank statement authority letter format; Note: For issuance of Bank statement to another person other than the account holder. You must read and check it once before concluding it. Dear Sir, This is to inform you that I have a current account (account number - XXXXXX) in your branch. To, The Branch Manager City Bank12/A Spring Heights Bandra West, Mumbai. Name of Bank: XXXXXXXXXX Account Number: XXXXXXXXXXXX . Sample Letter for Bank Statement. Attach a photocopy of an ID proof issued by the government. You must use simple vocabulary throughout the letter. I will be very much indebted for your help in this case. First of all, we should understand; “What is a party?” in the context of authorization letter. We know that a Bank statement is the summary of all the Banking transactions, which have been executed by the account holder and it lets the account holder have the information about all such transactions. An authorization letter is a legal paper that is written by a person or a group of persons to transfer the authority to someone else for a particular purpose. I am attaching an ID proof of Rahul in order to prove his identity and address. A company authorization letter can be used when a company needs to authorize someone to conduct financial transactions with a bank, negotiate a contract, or any number of other responsibilities, on behalf of the company. Write the name clearly of the person to whom you are willing to authorize in the letter and then mention the name of Banking transactions which are to be authorized. The bank authorization letter format is very straightforward. Our distinct account number is 0866563. They are the owners of the accounts in the bank. Subject: Loan Authorization Letter. Subject: Access to Joint Bank Account . Date: To. I will be out of the country between June and August, and Mr. Jones will be keeping my affairs in order. The Bank withdrawal is probably the most important transaction which can be executed on a specific Bank account, and this transaction can only be executed by the original Bank account holder. abcd bank ltd. agrabad branch . In view of my position as acknowledged above, I request you to kindly arrange to close my account soon. If you want someone else to collect the statement on your behalf then you must frame a formal letter with essential details. So, if you are unable to visit your Bank yourself and get the Bank statement then we urge you to use this template and authorize the other person who can get the Bank statement on your behalf. Date: 08.12.16. It should be written like ” To Bank Manager, PNB Delhi. 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