An Authorization Letter Credit Card is a critical financial document used when a credit card holder needs to formally authorize another party to use their credit card for specified purposes. This document, structured under Dutch law and financial regulations, is commonly used in situations such as business expenses, family arrangements, or authorized agent purchases. It includes essential elements such as the card holder's details, authorized user's information, card specifications, usage limitations, and duration of authorization. The letter must comply with Dutch financial regulations including the Financial Supervision Act (Wft), anti-money laundering legislation (Wwft), and EU directives such as PSD2 and GDPR. It serves as a legal protection for all parties involved and is often required by financial institutions to process authorized transactions.

1. Header Information: Date, recipient bank/company details, and reference numbers

2. Authorizer Information: Full legal name and contact details of the credit card owner

3. Authorized Party Information: Full legal name and details of the person/entity being authorized to use the card

4. Card Details: Relevant credit card information (last 4 digits only, type of card, issuing bank)

5. Authorization Scope: Clear description of what the authorized party can and cannot do with the card

6. Duration of Authorization: Specific timeframe for which the authorization is valid

7. Authorization Declaration: Formal statement of authorization with reference to Dutch law

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