An Authorization Letter For Cheque is a critical document in Indonesian banking and business operations when an account holder needs to delegate authority for cheque-related transactions. This document becomes necessary in various situations, such as when business owners are unavailable, during international travel, or in cases of physical inability to visit the bank. The letter must comply with Indonesian banking regulations, particularly Bank Indonesia's requirements for negotiable instruments and third-party authorizations. It should clearly specify the scope of authority, whether for a single transaction or multiple cheques, and include all necessary identification details of both parties. The document serves as a legal protection for all parties involved, including the bank, and must be properly witnessed and documented according to Indonesian banking practices.
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1. Date and Place: Current date and location where the letter is being executed
2. Authorizer Details: Full name, address, and identification details of the person granting the authorization
3. Authorized Person Details: Full name, address, and identification details of the person being authorized
4. Bank Account Information: Relevant bank account details including account number and bank branch
5. Cheque Details: Specific information about the cheque(s) including number, date, and amount
6. Scope of Authorization: Clear description of the powers being granted regarding the cheque
7. Duration of Authority: Validity period of the authorization
8. Signature Block: Space for signatures of authorizer, authorized person, and witnesses
1. Special Conditions: Any specific conditions or restrictions on the use of the cheque
2. Multiple Cheque Details: Used when authorization covers multiple cheques
3. Revocation Clause: Specific conditions under which the authorization can be revoked
4. Indemnification: Clause protecting the bank from liability
5. Emergency Contact: Alternative contact information in case of urgent matters
1. Copy of Identification Documents: Copies of valid ID cards/documents of both parties
2. Specimen Signature Card: Official specimen signatures of both authorizer and authorized person
3. Copy of Cheque: Copy of the cheque(s) being authorized for reference
4. Bank Account Documentation: Relevant bank account documents showing account ownership
Relevant legal definitions
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Relevant Industries
Banking and Financial Services
Corporate Services
Legal Services
Retail
Manufacturing
Construction
Import/Export
Professional Services
Healthcare
Education
Real Estate
Relevant Teams
Finance
Legal
Administration
Treasury
Corporate Secretariat
Compliance
Operations
Accounts Payable
Executive Office
Relevant Roles
Chief Financial Officer
Finance Manager
Accountant
Treasury Manager
Company Director
Business Owner
Financial Controller
Administrative Manager
Corporate Secretary
Legal Counsel
Compliance Officer
Banking Relationship Manager
Account Executive
Operations Manager
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