The Bank Authorization Form is a fundamental document in Hong Kong's banking system, required whenever an account holder needs to establish or modify banking authorizations. This document is essential for various banking relationships, including personal accounts, corporate accounts, and third-party authorizations. The form must comply with Hong Kong banking regulations, including HKMA guidelines and the Banking Ordinance. It typically includes detailed information about the account holder, authorized persons, scope of authority, transaction limits, and specific banking services covered. The document is particularly crucial for corporate clients who need to designate multiple signatories or establish complex authorization hierarchies. It serves both as a risk management tool for banks and a protection mechanism for account holders, ensuring clear documentation of all banking authorizations.

1. Bank Details: Full name and details of the banking institution

2. Account Holder Information: Complete identification details of the account holder including full name, ID/passport number, and contact information

3. Account Details: Specific account number(s) and type(s) covered by the authorization

4. Authorization Scope: Clear description of the specific actions being authorized

5. Authorization Period: Duration of the authorization and any expiry conditions

6. Declaration: Account holder's confirmation of understanding and agreement to the authorization terms

7. Data Privacy Statement: Statement regarding the collection and use of personal data in compliance with PDPO

8. Signature Block: Space for account holder's signature, date, and witness information if required