Authorization Letter Credit Card

Authorization Letter Credit Card Template for Singapore

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Key Requirements PROMPT example:

"I need a Credit Card Authorization Letter for my executive assistant to use my corporate credit card for business expenses up to $5,000 per month, effective from January 1, 2025, to December 31, 2025, with specific restrictions on entertainment and travel expenses."

Document background

The Credit Card Authorization Letter is commonly used in Singapore when a card holder needs to delegate credit card usage rights to another person. This document is essential for situations such as business expenses, family purchases, or travel arrangements where the card holder cannot be present. The authorization letter must comply with Singapore's strict banking and financial regulations, including MAS guidelines and the Banking Act. It provides legal protection for all parties by clearly defining the scope of authorization, transaction limits, and duration of permission.

Suggested Sections

1. Authorizer Details: Full name, ID/passport number, contact information of person giving authorization

2. Card Details: Credit card number (last 4 digits), issuing bank, type of card

3. Authorized Person: Details of person being authorized to use the card

4. Authorization Scope: Specific permissions and limitations of card usage

5. Duration: Validity period of the authorization

6. Declaration: Statement of authorization and acceptance of responsibility

Optional Sections

1. Transaction Limits: Specific spending limits per transaction or period, used when authorizer wants to set specific spending restrictions

2. Permitted Merchants: List of specific merchants where card can be used, included when usage is restricted to specific vendors

3. Emergency Contact: Additional contact information for urgent situations, included when authorizer wants backup contact points

Suggested Schedules

1. Copy of Credit Card: Redacted copy of the credit card (showing only last 4 digits)

2. ID Verification: Copy of authorizer's identification document

3. Bank Verification: Any required bank forms or verification documents

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Banking and Financial Services
Retail
Corporate Services
Travel and Hospitality

Relevant Teams

Finance
Procurement
Legal
Compliance
Administrative

Relevant Roles

Chief Financial Officer
Finance Manager
Business Owner
Executive Assistant
Procurement Manager

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Let's create your Authorization Letter Credit Card

Authors

Alex Denne

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