The Authorization Letter ATM Card is a crucial banking document used in Nigeria when an account holder needs to delegate their ATM card usage rights to another person. This might be necessary during periods of illness, travel, or when account holders are otherwise unable to perform their own transactions. The document must comply with Nigerian banking regulations, including the Banks and Other Financial Institutions Act (BOFIA) 2020 and Central Bank of Nigeria guidelines. It typically includes detailed information about both the account holder and the authorized user, specific permissions granted, duration of authorization, and any applicable transaction limits. The letter serves as a legal protection for all parties involved - the account holder, the authorized user, and the bank - by clearly documenting the terms of the authorization and the scope of permitted activities.

1. Date and Place: Current date and location where the letter is being written

2. Bank Details: Full name and address of the bank branch where the ATM card is issued

3. Account Holder Information: Full name, account number, and contact details of the primary account holder

4. Authorized Person Details: Complete identification information of the person being authorized to use the ATM card

5. Authorization Statement: Clear statement of authorization specifying the powers being granted regarding ATM card usage

6. Card Details: Specific ATM card information including last 4 digits of card number and type of card

7. Duration of Authorization: Specific period for which the authorization is valid

8. Signature Block: Space for account holder's signature, authorized person's signature, and witness signatures