There are many grounds why you need to authorize someone to act on your behalf about your bank accounts. Maybe you are going on vacation and need someone to handle your finances in your absence, or perhaps you have a medical emergency and can’t manage your accounts yourself. Whatever the reason, it is vital to have a bank authorization letter template on hand.
This template will help you create a professional and legally binding letter that will give another individual the authority to act on your behalf about your bank accounts. Fill in the blanks with the relevant information, and you can rest easy understanding that your finances are in good hands. Click here to download our template now!
Sample Bank Authorization Letter
[Date]
[Recipient’s Name]
[Recipient’s Address]
[City, State, Zip Code]
Dear [Name of Recipient,]
I, [Your Name], am writing to authorize my wife, [Wife Name], to modify my loan, [serial number], on my behalf from this point forward until the loan is repaid in full. I understand that there may be occasions where modification to the terms of my loan becomes necessary, and, as such, I grant her permission to act in my stead concerning this specific issue.
My wife has been apprised of my current financial situation and is fully aware of the nature of this loan and my ability to repay it. I trust her judgment implicitly and know that she will always act in my best interests. I hope you will consider this my formal authorization and allow my wife to work on my behalf.
If you have any questions or require any further information, please do not hesitate to contact me at [Your Phone Number].
Thank you for your time and attention in this matter.
Yours sincerely,
[Your Name]