Document background
The Authorization Letter For Cheque Claim is a crucial document in Singapore's banking system, commonly used when cheque owners cannot personally collect their cheques due to various circumstances such as illness, travel, or business commitments. The document provides a secure and legally compliant way to delegate cheque collection authority while protecting the interests of all parties involved. It must include specific details such as the identities of both parties, cheque details, and the scope of authorization, all in accordance with Singapore's banking regulations and practices. This authorization letter is particularly important in Singapore's business environment, where cheques remain a significant payment instrument despite increasing digitalization.
