The concerned person is entitled to receive power of attorney on basis of a few conditions. He/she must be among the group of account holders or a group of owners. Power of attorney authorization empowers the person with a higher level of responsibility.
Power of attorney is actually a legal document that empowers a group of candidates to legally act on behalf of another group of candidates and discharge duties or responsibilities for banking transactions or business activities.
Letter Template: 1
Power of Attorney Authorization Letter
[Insert or write the address of the sender]
[Insert or write the date]
[Insert or write the name of the recipient]
[Insert or write the post of the recipient]
[Insert or write the name of the company]
[Insert or write the address of the company]
Subject: Application for appointing for power of Attorney
To Whom It may Concern,
I [ your name] would like to inform you that I would not be available on [ date ] to collect both the passports from the Embassy of { country name] which is located in [ location ] .
I am extremely sorry that I would not be able to meet commitments as I promised on the day of verification that was held on [ date].
I am currently authorizing [ name of person ] to collect the passport and visa from the Embassy of [ country name] on [ date].
I am authorizing [ name of person ] to sign the necessary documents in concern with passport and visa application for both my wife and me.
[ name of person ] is working in the designation of [ position ] at [ company name] since [ year].
His/Her experience in the field of [ field name ] is for nearly [ time span] years].
The reason of authorizing [ name of person ] to collect the passport is due to fact that I am suffering from [ state of illness ] complications for last [ time span] years.
I have fulfilled the formalities of vaccination for [ name of disease] on [ date].
I am enclosing my vaccination certificates along with the prescription details related to my present sickness.
I had already stated on [ mention date] that is on the day of verification that I will be going to abroad for my treatment for [ state the illness].
My wife [ name of wife] will be also traveling with me for my health care and support for next [ number of months] months.
I have enclosed the details of [ name of the person] whom I am assigning as the power of attorney from today ie [ date].
I am also sharing the details of [ name of person] who has been appointed as the power of attorney till [ last date].
Name of the authorized person:
Address { mention address details]
Official address [ mention office address]
Passport details:
In the presence of witnesses [ name of the witnesses], I authorize [ name of the person ] in the position of power of attorney with the date effective till [ date].
Thanking You,
Yours Faithfully,
[ signature]
[ name ]
Letter Template: 2
Power of Attorney Authorization Letter
[Insert or write the address of the sender]
[Insert or write the date]
[Insert or write the name of the recipient]
[Insert or write the post of the recipient]
[Insert or write the name of the company]
[Insert or write the address of the company]
Subject: Application for appointing for power of Attorney
To Whom It may Concern,
I [ YOUR NAME] residing at [ residential address ] and working at [ official address] is assigning the position of Power Of Attorney to [ name of person] who is the son/ daughter of [ father’s name].
[ name of person ] is residing at [ residential address ] and working at [ official address ] in the position of [ position ] for a period of [time span] years.
The purpose of structuring this letter and appointing [ name of person ] executing the responsibilities in the position of Power of Attorney is that I was looking for a suitable person to look after the immovable property, intellectual property and assets of my company , [ name of company].
I am confident that he/she will be able to fulfill the responsibilities in the position of Power Of Attorney.
[ mention the name of witnesses and their addresses along with their designation ]
In the presence of the above-mentioned witnesses with their approval in form of signature and my lawyer { name of the lawyer], I am appointing [ name of the person ] as the most trustworthy and legal Attorney. He/She is entitled with complete power and responsibilities to execute the tasks, deeds and activities.
{ mention the responsibilities or tasks that will be handled by the power of attorney person].
For the authenticity of [ name of person] to act on behalf of me as the Power of Attorney, I am enclosing the necessary details in concern with his /her identity proof, citizenship and service details of the company.
In fact, he/she is working in my firm in the position of [ position ] since [ date].
With the support of my lawyer [ name of lawyer ] , I [ your name [ undertake the responsibility of [ name of person] appointed in the position of [ position ].
Thanking You,
Yours Faithfully,
[ signature]
[ name ]
Letter Template: 3
Power of Attorney Authorization Letter
Insert or write the address of the sender]
[Insert or write the date]
[Insert or write the name of the recipient]
[Insert or write the post of the recipient]
[Insert or write the name of the company]
[Insert or write the address of the company]
Subject: Application for appointing for power of Attorney
To Whom It may Concern,
I [ YOUR NAME] working in the position of [ position ] at [ company name] , am assigning [ name of the person ] in the position of Power Of Attorney to execute the banking formalities.
I [ your name] have been working in [ company name] for last [ time span] years.
I fully find [ name of the person ] capable to execute banking transactions in [ name of the bank] with my company account and trading account.
I [ your name ] hereby legally declare [ name of the person ] as Power Of Attorney with the support of the following witnesses:
[ name of the witness1 ]
{ address of the witness1 ]
[ designation ]
[ signature ]
[ name of the witness 2]
{ address of the witness2 ]
[ designation ]
[ signature ]
[ name of the witness 3]
{ address of the witness3 ]
[ designation ]
[ signature ]
On behalf of me, [ name of the person ] who is the son/daughter of [ name of father ] will act for me and manage the day-to-day financial transactions in the company account which is legally owned by me.
[ mention the responsibilities that will be executed by the person entitled with the power of Attorney].
I fully completely trust [ name of person ] who is working in the position of [ position ] for a period of [ time span] years.
I fully authorize [ name of the person ] to use my bank account from [ date] till the time I serve the next notice.
My company account is with [ name of the bank]
Address of the bank: [ address of the bank ]
Contact number :[ phone number]
Company Account Number : [ my company account number ]
[ signature]
With the advice and permission of my lawyer [ name of lawyer], I do undertake the responsibility of [ name of person] who has been appointed as Power of Attorney by me.
Thanking You,
Yours Faithfully,
[ signature]
[ name ]
Letter Template: 4
Power of Attorney Authorization Letter
Insert or write the address of the sender]
[Insert or write the date]
[Insert or write the name of the recipient]
[Insert or write the post of the recipient]
[Insert or write the name of the company]
[Insert or write the address of the company]
Subject: Application for appointing for power of Attorney
To Whom It may Concern,
With the consent of my lawyer { name of the lawyer ], I [name of the candidate] residing at [ mention address ] and operating my business responsibilities of [ company name ] as owner have taken legal decision to appoint [ name of the person ] to take the charge of [ company name ] as my agent [ Power Of Attorney In fact] in my name and for my professional benefits.
In case, if [ name of person ] is refusing to take the charge as the power of Attorney, I do select [ name of the person 2] as my successor agent.
On behalf of me , [ name of person 1] or [name of person 2 ] would be entitled to execute the responsibilities of the company.
As a responsible Power Of Attorney, [ name of person1] / [ name of person 2] will be entitle to take decision on following objectives:
- Real property
- Tangible Property
- Stocks and Bonds
- Trusts and Beneficiary objectives.
- Maintenance and operations of the company accounts which are with [name of bank]
[ A/C: account number]
[ name of the account owner: company name]
[ signature of the company owner]
[ date]
I give approval to [ name of person 1 ] / [name of person2] to take charge of above-mentioned factors.
The following witnesses are in my support for entitling [ name of person1]/ [ name of person2] for the Power of Attorney Tasks.
[ name of the witness1 ]
{ address of the witness1 ]
[ designation ]
[ signature ]
[ name of the witness 2]
{ address of the witness2 ]
[ designation ]
[ signature ]
[ name of the witness 3]
{ address of the witness3 ]
[ designation ]
[ signature ]
The above-mentioned witnesses are working in [ company of owner ]. They have been trusted employees for long period of time.
The power of attorney for [ name of person 1/ name of person2] will be effective till [ date].
I am sharing the documents in concerned with [ name of person1]/ person 2] with this letter.
Thanking You,
Yours Faithfully,
[ signature]
[ name ]
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