An Authorization Letter For Gold Loan Release is commonly used in Hong Kong when a gold loan holder needs to delegate the collection of their gold collateral to another person. This typically occurs when the loan holder is unable to personally collect the gold due to various circumstances such as being overseas, physical inability, or business commitments. The document must comply with Hong Kong banking regulations and financial institution requirements, including proper identification and verification procedures. It includes crucial details such as the loan account information, gold specifications, authorized person's details, and clear authorization statements. The letter serves as a legal safeguard for all parties involved in the transaction, particularly the bank releasing the gold and the loan holder granting the authorization.

1. Letter Header: Date, reference number, and addressee details (bank/financial institution name and address)

2. Subject Line: Clear indication that this is an Authorization Letter for Gold Loan Release with relevant loan reference numbers

3. Introduction and Party Details: Full identification of the authorizer (loan holder) including HKID/passport number and contact details

4. Loan Account Details: Specific details of the gold loan account including account number, loan amount, and gold specifications

5. Authorization Statement: Clear and unambiguous statement of authorization, specifying who is authorized to collect the gold

6. Authorized Person Details: Complete identification details of the person authorized to collect the gold

7. Declaration: Statement confirming the authenticity of the authorization and accepting responsibility for the actions of the authorized person

8. Signature Block: Space for authorizer's signature, name, date, and contact information