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1. Date and Place: Current date and place of execution of the authorization letter
2. Authorizer Details: Full legal name, address, and identification details of the person granting the authorization
3. Authorized Person Details: Full legal name, address, and identification details of the person being granted the authorization
4. Purpose and Scope: Clear statement of the financial activities being authorized, including specific powers granted
5. Account Information: Relevant bank account details and financial institutions covered by the authorization
6. Duration: Time period for which the authorization is valid, including start date and expiry date if applicable
7. Declaration of Sound Mind: Statement that the authorizer is acting voluntarily and with full mental capacity
8. Signature Block: Space for signatures of the authorizer, including any witness requirements
1. Witness Details: Required when additional verification of the authorization is needed or requested by financial institutions
2. Revocation Terms: Specific conditions under which the authorization can be revoked, if different from standard legal provisions
3. Transaction Limits: Specific monetary limits on transactions, if the authorization is to be restricted
4. Special Instructions: Any specific conditions or restrictions on the use of the authorization
5. Notarization Block: Required when the authorization needs to be notarized for certain high-value transactions or specific bank requirements
1. Identification Documents: Copies of valid identification documents of both parties (usually attached rather than appended)
2. Bank Account Details: Separate schedule listing all relevant bank account numbers and financial institutions if multiple accounts are involved
3. Specimen Signature: Official specimen signature of the authorized person for bank records
Authorized Person (Bevollmächtigter)
Authorization Period
Authorized Activities
Financial Institution
Designated Account(s)
Transaction Limit
Banking Day
Specimen Signature
Identification Documents
Power of Attorney (Vollmacht)
Revocation Notice
Emergency Situation
Authorized Transaction
Bank Mandate
Scope of Powers
Duration
Account Access
Transaction Authority
Limitation of Powers
Revocation Rights
Representation Authority
Compliance Requirements
Data Protection
Witness Requirements
Specimen Signature
Bank Notification
Identification and Verification
Liability
Governing Law
Severability
Banking and Financial Services
Legal Services
Real Estate
Healthcare
Education
Business Services
Non-profit Organizations
Insurance
Retail
Professional Services
Legal
Compliance
Finance
Operations
Customer Service
Risk Management
Treasury
Corporate Secretariat
Administrative Services
Client Relations
Legal Counsel
Bank Manager
Compliance Officer
Financial Advisor
Power of Attorney Administrator
Account Manager
Legal Administrator
Risk Management Officer
Customer Service Representative
Notary
Corporate Secretary
Treasury Manager
Finance Director
Operations Manager
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