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Authorization Letter For Credit Card for United Arab Emirates

Authorization Letter For Credit Card Template for United Arab Emirates

A Credit Card Authorization Letter is a formal document used in the United Arab Emirates that grants specific permission for credit card usage to designated individuals or entities. Governed by UAE banking regulations and federal laws, particularly UAE Federal Law No. 14 of 2018 (Central Bank Law), this document provides legal authorization for credit card transactions while protecting the interests of both the cardholder and the authorized user. The letter includes essential details such as cardholder information, authorized user details, transaction limits, validity period, and specific usage permissions, all structured to comply with UAE banking requirements and consumer protection regulations.

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What is a Authorization Letter For Credit Card?

An Authorization Letter For Credit Card is a crucial document in the UAE banking system that enables cardholders to formally delegate credit card usage rights to other individuals or entities. This document is commonly required when businesses need to authorize employees for company credit card use, when family members need authorization for medical or emergency expenses, or when individuals need to delegate payment authority during their absence. The letter must comply with UAE Federal Law No. 14 of 2018 and relevant Central Bank regulations, containing specific details about transaction limits, validity periods, and authorized usage scenarios. It serves as a legal protection mechanism for all parties involved and is widely accepted by UAE financial institutions, retailers, and service providers. The document can be particularly important in corporate settings where multiple employees may need access to company credit cards, or in personal situations where temporary authorization is required for specific purposes.

What sections should be included in a Authorization Letter For Credit Card?

1. Header Information: Date, bank name and address, reference numbers if applicable

2. Authorizer Details: Full legal name, Emirates ID number, contact information, and address of the person giving authorization

3. Card Details: Credit card number (last 4 digits only), type of card, and issuing bank details

4. Authorization Statement: Clear statement of authorization, specifying what actions are being authorized

5. Transaction Limits: Specific limits on transaction amounts or types of transactions authorized

6. Validity Period: Clear statement of the duration for which the authorization is valid

7. Declaration: Statement confirming the authorizer's consent and understanding of the terms

8. Signature Block: Space for authorizer's signature, date, and witness signature if required

What sections are optional to include in a Authorization Letter For Credit Card?

1. Third Party Authorization: Additional section when authorizing a third party to use the credit card, including their full details and relationship to the cardholder

2. International Usage Declaration: Special authorization for international transactions, if needed

3. Corporate Authorization: Additional section when the authorization is given on behalf of a company, including company details and authorizer's position

4. Specific Usage Restrictions: Any specific restrictions or conditions on card usage

5. Emergency Contact Information: Additional contact details for urgent situations or verification

6. Language Declaration: Statement about language preference and understanding when the authorizer's first language is not Arabic or English

What schedules should be included in a Authorization Letter For Credit Card?

1. Identity Documents: Copies of Emirates ID, passport, or other government-issued identification

2. Proof of Address: Recent utility bill or other accepted proof of address document

3. Corporate Documents: Trade license, power of attorney, or other corporate documents if authorization is business-related

4. Specimen Signature: Official signature specimen for bank verification purposes

5. Bank Verification Form: Any specific forms required by the issuing bank for authorization purposes

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

Publisher

Ƶ

Document Type

Letter of Authority

Sector

Banking

Cost

Free to use
Relevant legal definitions



















Clauses



















Relevant Industries

Banking & Financial Services

Retail

Healthcare

Education

Travel & Hospitality

Professional Services

Real Estate

E-commerce

Manufacturing

Construction

Technology

Telecommunications

Relevant Teams

Finance

Legal

Compliance

Administration

Corporate Services

Treasury

Procurement

Operations

Human Resources

Risk Management

Company Secretariat

Relevant Roles

Chief Financial Officer

Finance Manager

Accounts Payable Manager

Treasury Manager

Procurement Manager

Office Administrator

Executive Assistant

Company Secretary

Legal Counsel

Compliance Officer

HR Manager

Operations Manager

Personal Assistant

Corporate Services Manager

Banking Relationship Manager

Financial Controller

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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