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The Authorization Letter To Claim Money In Bank is a critical document in Saudi Arabian banking operations, designed to facilitate secure and legally compliant delegation of banking transactions. This document becomes necessary when account holders cannot personally conduct banking transactions and need to authorize another person to access their funds. It must strictly comply with SAMA regulations, the Banking Control Law, and Islamic banking principles. The letter typically includes comprehensive identification details of both parties, specific authorization scope, validity period, and any transaction limitations. Given Saudi Arabia's bilingual business environment, these letters often require both Arabic and English versions, with potential need for certified translations. The document serves as a protective measure for all parties involved, including the bank, the account holder, and the authorized person, while ensuring transparent and secure banking transactions.

1. Letter Header: Date, bank's name and address, and reference numbers if applicable

2. Subject Line: Clear indication that this is an Authorization Letter for Claiming Money

3. Authorizer Details: Full name, ID/Iqama number, contact details, and account number of the person giving authorization

4. Authorized Person Details: Full name, ID/Iqama number, and contact details of the person being authorized

5. Authorization Scope: Specific details of the authorization including account number, amount to be claimed, and any restrictions

6. Duration of Authority: Clear specification of the validity period of the authorization

7. Declaration of Free Will: Statement confirming the authorization is given freely and in sound mind

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