Document background
The Authorization Letter for Bank to Collect Cheque Book is essential in situations where account holders cannot personally collect their cheque books from Singapore banks. This document is required by Singapore financial institutions to ensure secure and authorized collection of banking instruments. It must include specific details about the account holder, the authorized person, and the bank, along with clear authorization statements and validity periods. The letter helps banks comply with their security protocols and MAS guidelines while protecting the interests of all parties involved. It's particularly useful for business owners, elderly account holders, or those unable to visit the bank personally.
