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Authorization Letter To Get Money for Indonesia

Authorization Letter To Get Money Template for Indonesia

An Authorization Letter to Get Money is a formal legal document used in Indonesia that grants specific authority to an individual or entity to collect, withdraw, or receive money on behalf of another person or organization. This document is governed by Indonesian civil law, particularly the Indonesian Civil Code (KUH Perdata) Articles 1792-1819 regarding power of attorney. The letter must clearly specify the parties involved, the exact scope of authority, and the duration of the authorization. It requires proper identification of all parties and may need notarization depending on the amount involved or specific requirements of the receiving institution.

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What is a Authorization Letter To Get Money?

The Authorization Letter To Get Money is a crucial document in Indonesian business and personal transactions where one party needs to delegate the authority to collect or withdraw funds to another. This document type is commonly used when the principal cannot personally collect funds due to various circumstances such as illness, travel, or business commitments. The letter must comply with Indonesian legal requirements, including proper identification of parties and specific authorization details. It's particularly relevant in banking transactions, salary collections, business payments, and other financial matters where direct collection isn't possible. The document's validity is governed by Indonesian Civil Code provisions regarding power of attorney, and depending on the amount or receiving institution's requirements, may need notarization or additional witnesses.

What sections should be included in a Authorization Letter To Get Money?

1. Letter Header and Date: Contains the date and place of execution of the authorization letter

2. Authorizer Details: Full name, ID number (KTP), address, and contact information of the person giving authorization

3. Authorized Person Details: Full name, ID number (KTP), address, and contact information of the person being authorized

4. Purpose Statement: Clear statement of the purpose of authorization - specifically to withdraw or receive money

5. Authorization Scope: Specific details about the money to be collected, including amount, source, and any reference numbers

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

7. Legal Declaration: Statement confirming the legal binding nature of the authorization

8. Signatures: Space for signatures of both parties, with names clearly printed below

What sections are optional to include in a Authorization Letter To Get Money?

1. Specific Restrictions: Include when there are limitations or conditions on how the money can be collected or used

2. Multiple Collection Authorization: Include when authorization is needed for multiple transactions or collections over time

3. Substitute Authority Clause: Include when the authorized person needs the ability to delegate the authority to another person

4. Witness Section: Include when additional verification or authentication is required, particularly for large sums

5. Revocation Terms: Include when specific conditions for revoking the authorization need to be stated

What schedules should be included in a Authorization Letter To Get Money?

1. Copy of Authorizer's ID: Attached photocopy of authorizer's KTP or other valid identification

2. Copy of Authorized Person's ID: Attached photocopy of authorized person's KTP or other valid identification

3. Bank Account Details: Document containing relevant bank account information, if applicable

4. Supporting Documents: Any relevant documents proving the right to the money being collected (e.g., payment slip, contract, inheritance document)

5. Notary Statement: If notarized, the notary's official statement and seal

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

Document Type

Authorization Form

Cost

Free to use
Relevant legal definitions














Clauses

















Relevant Industries

Banking & Financial Services

Legal Services

Corporate Services

Real Estate

Insurance

Education

Healthcare

Retail

Construction

Manufacturing

Relevant Teams

Legal

Finance

Human Resources

Administration

Compliance

Operations

Treasury

Corporate Secretariat

Risk Management

Relevant Roles

Legal Counsel

Finance Manager

Human Resources Manager

Administrative Officer

Company Secretary

Compliance Officer

Account Manager

Treasury Manager

Operations Manager

Personal Assistant

Executive Secretary

Banking Officer

Corporate Attorney

Risk 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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