The Direct Credit Authorisation Form is a fundamental banking document used in the United Arab Emirates to establish automated credit transfer arrangements. This form is essential when setting up regular incoming payments such as salary credits, dividend payments, or other recurring deposits into a bank account. It complies with UAE Central Bank regulations and federal banking laws, particularly UAE Federal Law No. 14 of 2018 and relevant Central Bank directives on payment systems. The form captures crucial information including account holder details, credit instructions, and necessary authorizations, serving as a legal basis for automated credit transactions. It's commonly used by both individual and corporate customers, requiring careful attention to detail in completion to ensure smooth processing of regular credit transfers.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Bank Information: Details of the receiving bank including name, branch, and contact information
2. Account Holder Information: Full legal name, account number, IBAN, and contact details of the account holder
3. Authorization Declaration: Clear statement authorizing the bank to process direct credits to the specified account
4. Payment Details: Frequency, amount (fixed or variable), and purpose of the direct credit
5. Effective Date: Start date of the direct credit arrangement
6. Terms and Conditions: Standard terms governing the direct credit service
7. Signature Block: Space for authorized signature(s) and date
1. Corporate Authorization: Additional section for corporate customers including board resolution references and authorized signatory details
2. Multiple Account Details: Section for cases where credits need to be distributed across multiple accounts
3. Third Party Authorization: When the payment is being authorized by someone other than the account holder
4. Variable Amount Authorization: Special declarations required when the credit amount may vary
5. Special Instructions: Any specific processing instructions or conditions for the credits
1. Schedule A - Payment Schedule: Detailed breakdown of payment dates and amounts for recurring credits
2. Schedule B - Multiple Account Distribution: Distribution details when credits are to be split across multiple accounts
3. Appendix 1 - Required Documents Checklist: List of supporting documents required for processing the authorization
4. Appendix 2 - Terms and Conditions: Detailed terms and conditions of the direct credit service if too lengthy for main form
Authors
Relevant legal definitions
Clauses
Relevant Industries
Banking and Financial Services
Corporate Services
Retail
Manufacturing
Real Estate
Healthcare
Education
Technology
Telecommunications
Government and Public Sector
Professional Services
Construction
Hospitality
Trading and Distribution
Relevant Teams
Finance
Treasury
Accounts Payable
Payroll
Legal
Compliance
Human Resources
Operations
Banking Operations
Corporate Services
Financial Control
Relevant Roles
Finance Manager
Treasury Manager
Accounts Payable Manager
Payroll Manager
Financial Controller
Banking Relationship Manager
Compliance Officer
Legal Counsel
Human Resources Manager
Operations Manager
Chief Financial Officer
Account Executive
Finance Director
Banking Operations Officer
Company Secretary
Find the exact document you need
Authorization For Disclosure Of Health Information Form
UAE-compliant authorization form for the release of patient medical information between healthcare providers, ensuring legal and secure transfer of health records.
find out more
Vital Records Authorization Form
UAE-compliant authorization form for requesting official vital records, aligned with Federal Law No. 2 of 2001.
find out more
Release Authorization
A UAE-compliant legal document authorizing the release of specified information, assets, or rights from one party to another, subject to UAE federal laws and regulations.
find out more
Passport Parent Consent Form
UAE-compliant legal document providing parental consent for minor's passport issuance/renewal, meeting Federal Authority for Identity and Citizenship requirements.
find out more
Authorization Letter To Pick Up Parcel
A UAE-compliant authorization letter enabling a designated person to collect a parcel on behalf of the intended recipient.
find out more
Authorization Letter To Use Credit Card
A UAE-compliant authorization letter enabling a designated person to use the cardholder's credit card under specified conditions and timeframes.
find out more
Authorization Letter To Claim Money On My Behalf
A UAE-compliant legal document authorizing a designated person or entity to collect money on behalf of the authorizer, subject to UAE Federal Law.
find out more
Approval Permission Letter To Conduct Research
A UAE-compliant official authorization letter granting permission to conduct specific research activities within the Emirates, subject to local regulations and requirements.
find out more
Authorization Agreement
A UAE law-governed agreement establishing an authorization relationship between a principal and agent, defining the scope and terms of delegated authority.
find out more
Salary Deduction Form
A UAE-compliant form authorizing specific deductions from an employee's salary, in accordance with UAE Labor Law requirements.
find out more
Parental Consent Letter For Visa Application
A UAE-compliant legal document providing parental authorization for a minor's visa application, meeting federal immigration and child protection requirements.
find out more
Consent To Disclosure Of Information
A UAE law-governed document establishing formal consent for information disclosure and processing, aligned with Federal Decree Law No. 45 of 2021.
find out more
Consent Authorization
UAE-compliant Consent Authorization document for personal data processing, aligned with Federal Decree Law No. 45 of 2021.
find out more
Authorization Letter To Claim Diploma
UAE-compliant authorization letter enabling a designated person to collect an academic diploma on behalf of the graduate.
find out more
Authorization Letter For National ID
A UAE-compliant legal document authorizing a designated person to handle matters related to the principal's Emirates ID card.
find out more
Authorization Letter For Deed Of Sale
A UAE-compliant legal document authorizing a representative to execute a property sale transaction on behalf of the property owner.
find out more
Company Authorisation Letter
A UAE-compliant legal document authorizing an individual to act on behalf of a company for specified purposes and duration.
find out more
Authorization Letter For Tenant To Apply For Internet
A UAE-compliant authorization letter enabling tenants to apply for internet services at their rented property, with explicit permission from the property owner.
find out more
Authorization Letter To Post Office
A UAE-compliant formal document authorizing an individual or entity to conduct specific postal transactions on behalf of the authorizer at UAE post offices.
find out more
Authorization Letter For Claiming ATM Card
UAE-compliant authorization letter allowing a designated person to collect an ATM card from a bank on behalf of the account holder.
find out more
Permission Authorization Letter
A UAE-compliant legal document granting specific permissions or authority from one party to another, subject to UAE federal laws and authentication requirements.
find out more
Consent Letter From Parent For International Passport
A UAE-compliant parental authorization letter required for issuing an international passport for a minor child, meeting federal legal requirements for travel documentation.
find out more
Authorization Letter For Receiving Package
A UAE-compliant legal document authorizing a designated person to collect a package on behalf of the owner, meeting local postal and authentication requirements.
find out more
Authorization Letter To Get Diploma And Transcript Of Records
A UAE-compliant authorization letter enabling a designated person to collect educational credentials on behalf of a student or graduate.
find out more
Authorization Letter For Scholarship
A UAE-compliant legal document authorizing actions related to scholarship administration and management, subject to federal laws and educational regulations.
find out more
Direct Credit Authorisation Form
A UAE-compliant banking form that authorizes regular automated credit transfers into a specified bank account, governed by UAE Central Bank regulations.
find out more
Authorized Representative Verification Letter
A UAE-compliant formal document that verifies and confirms an individual's authority to act as an authorized representative for a company or person.
find out more
Procuration Letter
A UAE-compliant legal document authorizing an agent to act on behalf of a principal, requiring official notarization and potentially authentication for use within the UAE legal framework.
find out more
Apostille Authorization Letter
A UAE-compliant authorization letter that empowers a representative to handle document apostille processes through official channels.
find out more
Authorization For Release Of Information Form
A UAE-compliant legal document authorizing the controlled release of personal information to specified recipients, governed by UAE federal data protection laws.
find out more
Authorization Letter To Collect Visa On My Behalf
A UAE-compliant legal document authorizing a designated person to collect a visa from immigration authorities on behalf of the visa applicant.
find out more
Authorization Letter For Signature
A UAE-compliant legal document that delegates signing authority from one party to another, typically requiring notarization and including specific scope and duration of authorization.
find out more
Authorization Letter For Passport Collection Us Visa
A UAE-compliant authorization letter enabling a designated person to collect a passport with US visa from the US Embassy/Consulate in the UAE.
find out more
Authorization Letter For Check Encashment
A UAE-compliant legal document authorizing a specified individual to encash or deposit a check on behalf of the check owner.
find out more
Authorization Letter For Bank To Collect Cheque Book
UAE-compliant authorization letter enabling a designated person to collect a cheque book from a bank on behalf of an account holder.
find out more
Authorization Letter For Diploma
A UAE-compliant legal document authorizing a designated party to handle educational credentials on behalf of the diploma holder.
find out more
Third Party Release Form
A UAE law-governed document that formally releases parties from liability, claims, or obligations, ensuring legal compliance with UAE Federal laws and regulations.
find out more
Third Party Credit Card Authorization Form Hotel
A UAE-compliant form allowing credit card holders to authorize hotel charges for third-party guests, incorporating local banking and consumer protection requirements.
find out more
Third Party Credit Card Authorization Form
UAE-compliant authorization form allowing credit card owners to formally permit third parties to use their credit card under specified conditions.
find out more
Third Party Authorization Form
A UAE-compliant legal document authorizing a third party to act on behalf of an individual or entity, subject to UAE Civil Code requirements and proper authentication.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)