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The Authorization Letter for Collection of Payment is a crucial document in Canadian business operations, designed to facilitate secure and authorized payment collection processes. It is commonly used when a party needs to delegate the authority to collect payment to another individual or entity, whether for a single transaction or multiple payments over time. The document must comply with various Canadian federal and provincial regulations, including PIPEDA for personal information handling and provincial contract laws. It becomes necessary in situations such as business representatives collecting payments, third-party collection agencies acting on behalf of creditors, or authorized agents handling financial transactions. The letter typically includes detailed information about all parties involved, specific payment details, scope of authority granted, and duration of the authorization, ensuring clear documentation of the delegation of collection rights.

1. Date and Place: Current date and location of letter execution

2. Authorizing Party Details: Full name, address, and contact information of the person/entity giving authorization

3. Authorized Party Details: Full name, address, and contact information of the person/entity being authorized to collect payment

4. Payment Details: Specific information about the payment to be collected, including amount, due date, and original transaction reference

5. Scope of Authorization: Clear statement of the powers being granted, including specific actions the authorized party can take

6. Duration of Authority: Time period for which the authorization is valid

7. Signature Block: Space for authorizing party's signature, witness signature if required, and date of signing