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Authorization Letter For Claiming ATM Card Template for Singapore

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Key Requirements PROMPT example:

Authorization Letter For Claiming ATM Card

"I need an Authorization Letter For Claiming ATM Card to allow my brother, James Chen, to collect my new OCBC Bank ATM card while I'm working overseas in March 2025, ensuring compliance with Singapore banking regulations."

Document background
An Authorization Letter For Claiming ATM Card is a crucial document in Singapore's banking system when cardholders cannot personally collect their ATM cards. This document, governed by Singapore banking regulations and MAS guidelines, serves as official permission for a designated person to collect the card on the owner's behalf. It includes detailed identification information, specific authorization parameters, and must comply with both banking security protocols and personal data protection requirements. The letter is particularly important in situations involving overseas card owners, medical circumstances, or business commitments preventing personal collection.
Suggested Sections

1. Date and Location: Current date and place of writing

2. Bank Details: Name and branch of the bank where ATM card is to be collected

3. Card Owner Details: Full name, account number, identification details of the card owner

4. Authorized Person Details: Full name and identification details of the person authorized to collect

5. Authorization Statement: Clear statement of authorization to collect the ATM card

6. Validity Period: Duration for which the authorization is valid

Optional Sections

1. Reason for Authorization: Explanation of why the owner cannot collect personally (used when required by specific bank policy or to provide additional context)

2. Special Instructions: Any specific requirements or limitations for the authorized person (used when there are specific conditions or limitations to the authorization)

Suggested Schedules

1. Identification Documents: Copies of ID documents of both card owner and authorized person

2. Proof of Account Ownership: Copy of bank statement or other proof of account ownership

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions















Clauses









Industries

Banking Act (Chapter 19): Primary legislation that regulates banking operations and services in Singapore, including aspects of banking security and customer protection.

Personal Data Protection Act (PDPA): Legislative framework governing the collection, use, and disclosure of personal data, ensuring proper handling of sensitive banking information.

MAS Guidelines - Electronic Banking: Regulatory guidelines issued by Monetary Authority of Singapore specifically for electronic banking operations and security measures.

MAS Guidelines - Technology Risk Management: Guidelines focusing on management of technology risks in banking operations and transactions.

MAS Guidelines - Authentication and Authorization: Specific guidelines governing authentication and authorization processes in banking transactions.

MAS Notice 644: Specific notice on Technology Risk Management requirements for secure banking transactions and card services.

AML/CFT Regulations: Anti-Money Laundering and Countering the Financing of Terrorism regulations, including Know Your Customer (KYC) requirements and identity verification procedures.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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