Authorization Letter Samples
Writing authorization letter samples means legally delegating power or giving an authorized written authorization to someone to act on your behalf. This is either a formal written request or an oral statement that gives legal authorization to represent someone on behalf of another individual.
The word person used in the authorization may come from the Latin term persona which was originally used to define the fictional mask worn by an actor during a play. On many occasions, one would use the symbol of the rose to indicate the person who will be authorized to make the request.
Authorization Letter Samples
Banks are always a step ahead of other people. They are given authority to handle a wide range of financial matters such as managing client’s money and granting loans.
Important Tips When Writing Authorization Letter Samples
A bank can only be done with the authorization letters of their clients. There are some banks that issue their own set of authorization letters while others issue documents to their clients after their application has been approved.
Aside from the formal letter, there are other things that make a big difference. For example, the bank should never use “we do” when issuing the letter of grant. Instead, they should use the term “grantor.” This way, the meaning is clear and the reference to the person who grants the permission is more specific. Other tips include avoiding the use of “you” in the authorization letters as well.
It is not compulsory for you to sign the authorization letter yourself. You can have someone else write it for you. When signing the letter, make sure you state that you are legally representing someone else and not the actual issuing bank. The bank will just release the loan to someone else when they see that you were the one who made the request.
- Be as factual and complete as possible.
Another important aspect of the authorization letter samples is to be honest. Be as factual and complete as possible. If you are not a lawyer, take time to study the law and find out all the details that apply to your case. Take advantage of the power given to you. If you want to take charge of your finances, then take charge. The bank does not have the authority to take charge of you.
Banks prefer that the borrower have signed the letter in presence of an agent. However, if you are unable to attend the signing session, the bank may consider the request for signature as an informal document that does not follow the letter format. They should therefore request the borrower to either sign the document by hand or to prepare a signed form.
- Do not mention salary until the end of the letter.
Before mentioning the salary, mention the name and position of the authorized signatory. In general, it is a good idea to mention the number of years the bank account holder has been with the bank. This shows that the bank is confident about the person’s capability of repaying. If they mention the number of accounts in your name, the bank will conclude that you are trying to defraud them.
- attach the signed form to the letter.
Once the authorization has been signed, attach the signed form to the letter. You can send the file format of the authorization sample along with the letter. The recipient can use the file format as a template to create a personalized personal authorization letter samples. The recipient can then modify the letter to make it personalize.
For standard business letter templates, there is the unformatted sample that can be downloaded from the internet. However, this is not the case with the sample of the authorization letters. For customized business letter templates, you have to write the letter according to the specific requirements. These requirements vary from one party involved in the transaction to another.
The parties involved in the transaction will require different sets of authorization to perform the transaction. It is up to the business to choose which set of authorization best fits their needs. This can be done by working with an attorney. The attorney can help you to obtain the set of formalities required by the authority.
- Ensure that the names of the parties involved
Before drafting the letter, you need to ensure that the names of the parties involved are correctly mentioned in the letter. For instance, the letter should contain the name of the signor only, or the name of the authorized signatory plus the full name of the person who is signing the letter.
- sign the authorization
Also, before drafting the letter, ensure that the recipient knows that he is legally empowered to sign the authorization. If the letter is drafted informally, there is a chance that the signature on the letter will not match that of the recipient.