Document background
The Authorization Letter Cheque is a crucial document in Singapore's banking system that enables account holders to delegate cheque-handling authority to trusted representatives. This document is commonly used when account holders are unable to personally handle cheque transactions or wish to delegate this responsibility for business efficiency. The letter must comply with Singapore's banking regulations and typically includes specific details about the authorized person, scope of authority, and transaction limitations. It serves as a legal protection mechanism for both the bank and the account holder, ensuring clear documentation of delegated authority for cheque-related transactions.
