An Authorization Letter For Cheque is a crucial document in Nigerian banking and business operations, used when an account holder needs to delegate authority for cheque-related transactions to another person. This document becomes necessary in various situations, such as when business owners are traveling, during medical emergencies, or for regular business operations requiring delegation of financial authorities. The letter must comply with Nigerian banking regulations, including the Central Bank of Nigeria guidelines and the Bills of Exchange Act, and typically includes comprehensive details about the parties involved, specific cheque information, and authorization scope. It serves as a security measure to prevent unauthorized transactions while facilitating necessary business operations when the primary account holder cannot personally handle cheque transactions.

1. Letter Header: Date, reference number, and formal letterhead if applicable

2. Recipient Details: Bank name, branch, and address

3. Subject Line: Clear indication that this is an Authorization Letter for Cheque

4. Authorizer Information: Full name, account number, and contact details of the person giving authorization

5. Authorized Person Details: Full name, identification details, and contact information of the person being authorized

6. Cheque Details: Specific cheque number(s), amount(s), and date(s) being authorized

7. Authorization Statement: Clear and unambiguous statement of the authority being granted

8. Signature Block: Space for authorizer's signature, date, and witness signatures