An Authorization Letter For Opening Bank Account is a crucial document in Swiss banking operations, particularly when an individual or entity needs to delegate the authority to open a bank account to another party. This document is commonly used when the account holder cannot be physically present, when corporate accounts require multiple authorizations, or when international clients need local representatives to handle their banking matters in Switzerland. The letter must comply with Swiss banking regulations, including the Federal Banking Act, Anti-Money Laundering Act, and FINMA guidelines. It typically includes detailed identification information, specific powers granted, duration of authority, and may require notarization or additional verification depending on the circumstances. This document is particularly important in Switzerland's banking sector due to the country's strict financial regulations and its position as a global financial center.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Letter Header: Date, bank's name and address, reference number if applicable
2. Subject Line: Clear indication that this is an authorization letter for bank account opening
3. Authorizer's Details: Full legal name, address, and identification details of the person giving authorization
4. Authorized Person's Details: Full legal name, address, and identification details of the person being authorized
5. Authorization Scope: Specific powers being granted regarding the bank account opening process
6. Account Details: Desired type of account and currency
7. Duration of Authority: Time period for which the authorization is valid
8. Declaration: Statement confirming the authorizer's legal capacity and free will in giving this authorization
9. Signature Block: Space for authorizer's signature, date, and place of signing
1. Special Instructions: Used when specific banking services or account features are requested
2. Joint Account Details: Required when the account will have multiple holders
3. Corporate Authorization: Used when the authorization is given on behalf of a company, including details of corporate resolution
4. Witness Section: May be required by some banks or when the authorization involves significant powers
5. Language Declaration: Required when the letter is bilingual or when the authorizer's primary language isn't the letter's language
1. Identification Documents: Copies of valid passport or ID cards of both authorizer and authorized person
2. Proof of Address: Recent utility bills or official documents showing current address
3. Corporate Documents: Required for business accounts - includes commercial register excerpts, articles of association
4. Signature Specimen: Official signature samples of the authorizer and authorized person
5. Source of Funds Declaration: Document explaining the origin of funds to be deposited, as required by Swiss anti-money laundering regulations
Relevant legal definitions
Clauses
Relevant Industries
Banking & Financial Services
Corporate Services
Legal Services
Investment Management
Wealth Management
International Trade
Real Estate
Retail
Healthcare
Education
Manufacturing
Professional Services
Non-Profit Organizations
Technology
Hospitality
Relevant Teams
Legal
Finance
Compliance
Corporate Secretariat
Administrative Services
Operations
Risk Management
International Business
Treasury
Corporate Services
Customer Relations
Wealth Management
Relevant Roles
Chief Financial Officer
Finance Director
Corporate Treasurer
Compliance Officer
Legal Counsel
Company Secretary
Banking Relationship Manager
Account Manager
Financial Controller
Administrative Director
Operations Manager
Business Development Manager
Investment Manager
Wealth Manager
Risk Manager
Corporate Services Manager
International Business Director
Power of Attorney Holder
Find the exact document you need
New Signatory Introduction Letter
A Swiss-compliant formal letter introducing and authorizing new signatories for company bank accounts, including necessary supporting documentation and authentication details.
Download
Authority Letter For Legal Representation
A Swiss-compliant legal document authorizing an attorney to represent an individual or entity in specified legal matters within Swiss jurisdiction.
Download
Authorization Letter For Using Motorcycle
A Swiss-law compliant authorization letter granting permission for specified motorcycle usage, including user and vehicle details with usage terms.
Download
Letter Of Authority
A Swiss-law governed document that formally grants specific powers of representation from a grantor to a designated representative.
Download
Authority Letter For Gst
A Swiss legal document authorizing a representative to handle VAT matters with the Federal Tax Administration on behalf of a business entity.
Download
Authorization Letter For Money Claim
A Swiss-law governed authorization letter that empowers a designated party to collect money or handle financial claims on behalf of another party, complying with Swiss legal requirements.
Download
Authorization Letter For Parcel
A Swiss-law compliant authorization letter enabling a designated person to collect a parcel on behalf of another individual.
Download
Attorney Authorization Letter
A Swiss-law governed document authorizing an attorney to act on behalf of a principal, defining the scope and terms of legal representation.
Download
Consent Letter For Gst Registration
A Swiss-compliant authorization letter allowing a representative to handle VAT registration with Swiss tax authorities on behalf of a business.
Download
Authorization Letter For Claiming Check
A Swiss-law governed authorization letter that enables a designated person to claim or cash a check on behalf of the check owner.
Download
Authorisation Letter On Behalf Of Company
A Swiss law-governed document authorizing an individual or entity to act on behalf of a company, establishing specific powers and responsibilities under Swiss corporate regulations.
Download
Trust Letter Of Authority
A Swiss-compliant formal document that grants specific powers to act on behalf of a trust, adhering to Swiss banking and trust regulations.
Download
Financial Authorization Letter
A Swiss-law governed authorization letter granting specific financial powers to a designated representative, compliant with Swiss banking regulations and civil code.
Download
Declaration Of Authorization
A Swiss law-governed document that formally grants specific powers from an authorizer to an authorized person to act on their behalf.
Download
Authorization Letter For Police Clearance
A Swiss-compliant authorization letter enabling a representative to obtain a police clearance certificate on behalf of another individual.
Download
Authorisation Letter For Passport Collection
A Swiss-compliant authorization letter enabling a designated person to collect a passport on behalf of the applicant from Swiss authorities.
Download
Authorization Letter Birth Certificate
A Swiss-compliant authorization letter enabling designated parties to obtain birth certificates from civil registry offices.
Download
Executor Letter Of Authority
A Swiss legal document that officially confirms an executor's authority to administer a deceased person's estate under Swiss federal and cantonal law.
Download
Debit Authority Letter
A Swiss-law governed authorization letter allowing banks to directly debit funds from a specified account, establishing a formal direct debit arrangement.
Download
Company Authorisation Letter
A Swiss law-governed document that formally delegates specific corporate powers and authority to designated individuals to act on behalf of a company.
Download
Authorisation Letter To Act On Behalf
A Swiss law-governed document authorizing an agent to act on behalf of a principal, specifying powers and responsibilities under Swiss legal requirements.
Download
Authorised Signatory Letter
A Swiss law-governed document that formally grants signing authority to designated individuals within a company, specifying their powers and limitations.
Download
Authorised Representative Letter
A Swiss law-governed letter appointing an authorized representative and defining their powers and scope of authority.
Download
Authorisation Letter To Collect Certificate
A Swiss-compliant formal letter authorizing a designated person to collect certificates on behalf of another individual, following Swiss Civil Code requirements.
Download
Authorisation Letter For Bank
A Swiss-compliant banking document that authorizes a designated person or entity to conduct specific banking transactions on behalf of an account holder.
Download
Letter Authorization To Act On Behalf
A Swiss-law governed authorization letter that formally empowers an agent to act on behalf of a principal, typically used for administrative, financial, or legal matters.
Download
Authorization Letter On Behalf Of Me
A Swiss law-governed legal document authorizing a designated representative to act on behalf of the principal, in compliance with Swiss Civil Code requirements.
Download
Authorization Letter For Withdrawal Of Cash From Bank
A Swiss-compliant formal authorization letter enabling a designated individual to withdraw cash from another person's bank account, subject to Swiss banking regulations.
Download
Authorization Letter To Withdraw My Savings
A Swiss law-compliant authorization letter enabling a designated person to withdraw funds from the account holder's savings account, subject to Swiss banking regulations and privacy laws.
Download
Authorization Letter To Use Billing Address
A Swiss-law compliant authorization letter granting permission to use the authorizer's billing address for specified purposes, subject to Swiss federal regulations.
Download
Authorization Letter For Representative To Attend Meeting
A Swiss law-compliant authorization letter empowering a representative to attend and act on behalf of another party at a specified meeting.
Download
Parking Authorization Letter
A Swiss-compliant formal letter granting specific parking rights to an individual or entity for a designated parking space, including vehicle details and usage terms.
Download
Authorization Letter For Refund Money
A Swiss-law governed authorization letter that legally enables a designated party to receive a refund on behalf of the authorizing individual.
Download
Authorization Letter To Verify Employment
A Swiss-compliant formal authorization document allowing employers to verify employment details with third parties, adhering to Swiss data protection and employment laws.
Download
Authorization Letter To Sell Car
A Swiss-law compliant authorization letter empowering a designated party to sell a vehicle on behalf of the owner, incorporating federal and cantonal requirements.
Download
Company Signature Authorization Letter
A Swiss-law governed document authorizing specific individuals to sign and represent a company in official capacities.
Download
Authorization Letter To Act On My Behalf
A Swiss law-compliant legal document authorizing an appointed agent to act on behalf of a principal, specifying the scope and duration of delegated powers.
Download
Authorization Letter To Pay On My Behalf
A Swiss-law governed authorization letter enabling a designated person to make payments on behalf of the authorizer, compliant with Swiss banking and regulatory requirements.
Download
Authorization Letter To Get Money
A Swiss law-governed authorization letter empowering a designated person or entity to collect or receive money on behalf of the authorizer, in compliance with Swiss banking and financial regulations.
Download
Signature Authorization Letter For Bank
A Swiss law-governed banking document that authorizes specified individuals to conduct banking transactions on behalf of an account holder.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)