February 18, 2024
Bank Letters

Authorization Letter for Opening Bank Account – Sample Authorization Letter for Current Account Opening

The Branch Manager,
____________ (Bank Name),
____________ (Bank Address)

Date: __/__/____ (Date)

Subject: Authorization letter for opening __________ (OD /Current/Limit Account – Type of account) Bank account

Dear Sir/Madam,

I/ We _____________ (Company Name) would like to open a __________ (type of account).

As per requirement, please find enclosed the account opening form of your bank for opening a __________ (type of account) in the name of _______________ (account details). The account may be opened with your __________ (Branch Name) branch.

We, hereby, authorize __________ (Bank Name) to process the account and levy charges in our account as per bank norms. The following signatories would be authorized to operate the account __________ (mode of account – Singly/ All Jointly /As per Board Resolution/Any other) and to act upon any instructions so given relating to the account.

We also declare that ______________ (Company Name) do accept all the terms and conditions mentioned in the application form or any other terms and conditions as may be notified by the bank in connection.

I/ We _____________ (Company Name) request you to kindly process the same.

For _____________ (Company Name)

Authorized Signatory

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