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A Letter to Bank for Change in Authorized Person is a crucial document used when organizations need to update their authorized signatories for bank accounts in Indonesia. This document is required when there are changes in personnel due to resignations, new appointments, or organizational restructuring. It must comply with Indonesian banking regulations, including Law No. 10 of 1998 on Banking and relevant OJK guidelines. The letter includes comprehensive details about both the existing and new authorized persons, their roles, specimen signatures, and the scope of their authority. Supporting documents such as board resolutions, identity proofs, and specimen signature cards typically accompany this letter. Banks in Indonesia require this formal communication to maintain accurate records and ensure proper account access control while preventing unauthorized transactions.

1. Letter Header: Bank's complete name and address, date, reference numbers, and subject line

2. Account Details: Account holder's name, all relevant account numbers, and current account type

3. Purpose Statement: Clear statement requesting change in authorized person(s) for the account

4. Current Authorized Person Details: Details of the existing authorized person(s) being removed, including full name, position, and specimen signature

5. New Authorized Person Details: Complete information about the new authorized person(s), including full name, position, ID/passport numbers, and specimen signature

6. Authorization Scope: Clear description of the powers and limitations of the new authorized person(s)

7. Effective Date: Specified date from which the change should take effect

8. Closing and Authentication: Signature of company director or authorized representative with company seal