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Third Party Credit Card Authorization Form for Indonesia

Third Party Credit Card Authorization Form Template for Indonesia

A legally binding document governed by Indonesian law that enables a credit card holder to authorize a third party to use their credit card for specified purposes and durations. The form complies with Indonesian banking regulations, including Bank Indonesia Regulation No. 14/2/PBI/2012 on Payment Card Operations and the Personal Data Protection Law (PDP Law) 2022. It includes detailed information about both parties, specific authorization parameters, usage limitations, and security measures to protect the card holder's interests while providing necessary flexibility for the authorized party to conduct approved transactions.

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What is a Third Party Credit Card Authorization Form?

The Third Party Credit Card Authorization Form is essential in situations where a credit card holder needs to delegate payment authority to another individual or entity while maintaining control and security over their financial resources. This document, governed by Indonesian law and banking regulations, is commonly used in various scenarios such as business expenses, family care arrangements, or recurring payment authorizations. The form includes crucial elements such as cardholder and authorized party details, transaction limits, validity period, and specific usage parameters. It ensures compliance with Indonesian financial regulations, particularly Bank Indonesia's payment card operations rules and data protection requirements, while providing a clear audit trail for all parties involved. The document serves as both a security measure and a legal record of the authorization granted.

What sections should be included in a Third Party Credit Card Authorization Form?

1. Form Title and Date: Clear identification of the document as a Third Party Credit Card Authorization Form with date of completion

2. Card Holder Information: Full legal name, contact details, and address of the credit card owner

3. Authorized Party Information: Full legal name, contact details, and address of the person/entity being authorized to use the card

4. Credit Card Information: Partial credit card details (last 4 digits only), card type, expiration date, and issuing bank

5. Authorization Scope: Clear description of the authorized usage, including any transaction limits and permitted types of transactions

6. Authorization Period: Specific duration or validity period of the authorization

7. Security and Privacy Statement: Statement regarding the protection and handling of card information in compliance with Indonesian data protection laws

8. Declaration and Consent: Explicit statement of authorization and acknowledgment of terms by the card holder

9. Signature Block: Space for signatures of card holder, authorized party, and witness if required

What sections are optional to include in a Third Party Credit Card Authorization Form?

1. Transaction Limits: Specific section detailing maximum transaction amounts and frequency limits, used when card holder wants to set specific restrictions

2. Purpose of Authorization: Detailed description of the specific purpose for which the authorization is granted, used when authorization is for specific purposes only

3. Emergency Contact: Additional contact information for urgent situations, used when dealing with medical or care-related authorizations

4. Witness Section: Space for witness details and signature, used when additional verification is required or requested

5. Revocation Terms: Specific conditions under which the authorization can be revoked, used when card holder wants to specify particular circumstances

What schedules should be included in a Third Party Credit Card Authorization Form?

1. Terms and Conditions: Detailed terms governing the authorization, including rights and responsibilities of both parties

2. Identification Documents: Copies or details of required identification documents from both parties

3. Transaction Log Template: Template for recording transactions made using the authorization, if required

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

Jurisdiction

Indonesia

Publisher

Ƶ

Document Type

Authorization Form

Cost

Free to use
Relevant legal definitions























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