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Authority Letter For Cheque Book Collection for Indonesia

Authority Letter For Cheque Book Collection Template for Indonesia

An Authority Letter for Cheque Book Collection is a formal document used in Indonesia that grants specific authorization to a designated individual to collect a cheque book on behalf of the account holder. The document operates under Indonesian Banking Law and must comply with Bank Indonesia regulations regarding third-party authorizations. It serves as a legal instrument that enables secure delegation of cheque book collection while protecting both the bank's and account holder's interests through proper identification and authorization procedures.

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What is a Authority Letter For Cheque Book Collection?

The Authority Letter For Cheque Book Collection is an essential document in Indonesian banking operations, particularly when account holders cannot personally collect their cheque books from the bank. This document is commonly used by both individual and corporate account holders when delegating the collection of cheque books to authorized representatives. The letter must comply with Indonesian Banking Law (Law No. 10 of 1998) and relevant Bank Indonesia regulations, requiring specific details such as the account holder's information, authorized person's details, bank account information, and clear authorization statements. It serves as a security measure to prevent unauthorized access to banking instruments while facilitating necessary business operations. The document is widely used across various sectors and is particularly important in business environments where cheques remain a significant payment instrument.

What sections should be included in a Authority Letter For Cheque Book Collection?

1. Date and Place: Current date and place of execution of the letter

2. Authorizing Party Details: Full name, ID number, address, and account details of the person granting authority

3. Authorized Party Details: Full name, ID number, and address of the person being authorized to collect the cheque book

4. Bank Details: Name and branch of the bank where the cheque book is to be collected

5. Purpose Statement: Clear statement of the specific authority being granted (cheque book collection)

6. Account Information: Relevant bank account number and type for which the cheque book is being collected

7. Duration of Authority: Validity period of the authorization

8. Signature Block: Space for signatures of the authorizing party, authorized person, and witnesses if required

What sections are optional to include in a Authority Letter For Cheque Book Collection?

1. Witness Details: Details and signatures of witnesses - used when additional verification is required by the bank or when the authorizing party prefers extra security

2. Special Instructions: Any specific instructions regarding the collection process - used when there are particular requirements or restrictions

3. Contact Information: Additional contact details for both parties - used when enhanced communication channels are needed

4. Relationship Declaration: Statement of relationship between authorizing and authorized party - used when required by specific bank policies

What schedules should be included in a Authority Letter For Cheque Book Collection?

1. Identity Documents: Copies of valid ID cards (KTP) of both authorizing and authorized parties

2. Bank Account Details: Copy of bank account information or bank statement header showing account details

3. Specimen Signature: Specimen signatures of both parties if required by the bank

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Indonesia

Publisher

Ƶ

Sector

Banking

Cost

Free to use
Relevant legal definitions














Clauses













Relevant Industries

Banking and Financial Services

Corporate Services

Legal Services

Retail

Manufacturing

Trading and Commerce

Professional Services

Education

Healthcare

Real Estate

Relevant Teams

Legal

Finance

Administration

Corporate Services

Operations

Compliance

Treasury

Banking Operations

Front Office

Corporate Secretarial

Relevant Roles

Account Manager

Finance Manager

Administrative Assistant

Company Secretary

Legal Counsel

Compliance Officer

Banking Operations Manager

Treasury Manager

Office Manager

Executive Assistant

Corporate Services Manager

Bank Branch Manager

Financial Controller

Business Operations Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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