������Ƶ

An Authorization Letter For Bank is a crucial document in Saudi Arabian banking operations that establishes a formal delegation of banking authority from an account holder to a designated representative. This document is essential when account holders need to authorize others to conduct banking transactions on their behalf, whether due to business necessities, personal circumstances, or operational requirements. The letter must strictly comply with Saudi Central Bank (SAMA) regulations, including specific formatting requirements, mandatory content, and authentication procedures. It's commonly used in both personal and corporate banking contexts, requiring careful attention to detail in specifying the scope of authority, duration, and any limitations on the authorized activities. The document plays a vital role in maintaining secure and compliant banking operations while facilitating necessary business and personal banking needs within the Saudi Arabian jurisdiction.

1. Letter Header: Full name and contact details of the authorizing person, including national ID/Iqama number

2. Date and Reference: Current date and any reference numbers required by the bank

3. Bank Details: Full name and branch details of the bank to which the authorization is addressed

4. Subject Line: Clear indication that this is a bank authorization letter

5. Account Details: Account holder's name and account number(s) covered by the authorization

6. Authorized Person Details: Full details of the person being authorized, including their ID/Iqama number and relationship to the account holder

7. Scope of Authorization: Specific banking transactions and activities being authorized

8. Duration of Authority: Validity period of the authorization

9. Declaration: Statement of the account holder's conscious and willing authorization

10. Signature Block: Space for authorizer's signature, witnessed signature, and bank authentication