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Authorization Letter
An Authorization Letter allows you as an account holder to grant another trusted individual to perform banking transactions on your behalf. This letter, addressed to an institutional representative,... Read More
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Making an Authorization Letter
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What is an Authorization Letter?
An Authorization Letter allows you as an account holder to grant another trusted individual to perform banking transactions on your behalf. This letter, addressed to an institutional representative, allows the bank to know that the person holding the letter is operating with your permission. At the discretion of the institution, you or your representative may also be required to provide a more formal Power of Attorney assigning this authority.
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