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An Authorization Letter For Bank Account is a critical document in Swiss banking operations that enables account holders to delegate specific banking powers to trusted representatives. This document is particularly relevant when account holders need to authorize others to conduct banking transactions, access account information, or manage financial affairs on their behalf. Under Swiss banking regulations, including the Federal Banking Act and FINMA directives, such authorization letters must meet strict requirements for validity and security. The document is commonly used in situations involving business operations, extended travel, illness, or other circumstances where direct account management by the account holder is impractical. It must clearly specify the scope of authority, duration, and any limitations to protect both the account holder's interests and ensure compliance with Swiss banking regulations.

1. Header Information: Date, bank's name and address, account holder's details

2. Subject Line: Clear indication that this is a Bank Account Authorization Letter with reference to the specific account number

3. Authorizing Declaration: Clear statement from the account holder authorizing the appointed person

4. Authorized Person Details: Full legal name, address, identification details of the person being authorized

5. Scope of Authorization: Specific powers being granted (transactions, information access, etc.)

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

7. Account Details: Relevant bank account numbers and types covered by the authorization

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