The Authorization Letter For ATM Card Collection is a crucial document in Nigerian banking operations, designed to facilitate secure card collection when account holders cannot personally collect their ATM cards. This document becomes necessary in various situations, such as when account holders are traveling, ill, or otherwise unable to visit the bank. It must comply with Central Bank of Nigeria regulations and includes specific security features to prevent fraud while ensuring convenient access to banking services. The letter contains detailed identification information for both the account holder and authorized representative, specific card details, and a clear authorization statement. It's particularly important in Nigeria's banking sector where strict Know Your Customer (KYC) and anti-money laundering regulations require clear documentation of all card-related transactions.

1. Letter Header: Date, bank name and branch address, and reference number if applicable

2. Account Holder Details: Full name, account number, valid identification details, and contact information of the account holder

3. Authorization Statement: Clear statement authorizing the designated person to collect the ATM card

4. Authorized Person Details: Full name and identification details of the person authorized to collect the card

5. Card Details: Specific details of the ATM card being authorized for collection (if available)

6. Validity Period: Specific timeframe during which the authorization is valid

7. Authentication: Account holder's signature matching bank records and contact information