When composing an authorization letter to deposit money in a bank account, clarity and politeness are key. Begin with a polite greeting and state your name and account details. Clearly explain the reason for not being able to visit the bank personally. Provide details of the authorized person, including their name, and mention that you are enclosing a copy of their ID proof. Sign the letter and provide your contact details for verification. Avoid unclear language and ensure all necessary details are included for a successful authorization.
Sample Authorization Letter For Cash Deposit in Bank Account
To,
The Branch Manager,
____________ (Name of the Bank),
____________ (Address)
Date: __/__/____ (Date)
From,
____________ (Name of the person giving Authority),
____________ (Address of the person giving Authority)
Subject: Authority letter for depositing money in account ___________ (Account Number)
Respected Sir/Madam,
I would like to state that my name is ___________ (Your Name) and I carry a __________ (Savings/Current- Type of Account) in your branch bearing an Account no. _________.
As I am _____ (Reason for not being able to come to the bank – occupied /some urgent work /injury/health issue/any other). I will not be able to visit branch for depositing an amount of __________ (Amount) to my account as on date_________ (date of deposit).
Therefore, I hereby authorize, Mr/Mrs/Miss __________ (Name of authorized person) to deposit the mentioned amount in my bank account.
I am enclosing a copy of the ID Proof of the authorized person for your verification along with the signature attested.
Signature:_______________ (Signature of authorized person responsible for deposit)
Should you have any queries, feel free to contact me at mentioned contact details:
________________ (Contact Number),
________________ (Email ID)
Yours Truly/Sincerely,
_________________ (Name)
_________________ (Account Number)
Encl: Copy of ID Proof
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