If you are unable to collect money on your own, an authorization letter is a legal document that allows someone else to collect money on your behalf. In this article, you will find tips and seven sample authorization letters that you can customize to fit your specific situation.
Tips for Writing a Sample Authorization Letter to Collect Money on My Behalf
Follow these tips when writing a sample authorization letter:
1. Title: Use a descriptive title that clearly indicates the purpose of the letter.
2. Greeting: Start the letter with a formal greeting that addresses the person you are giving authorization to.
3. Letter Body: Clearly state the purpose of the letter and give details about the amount of money, the method of payment and other necessary information.
4. Complimentary Close: End the letter with a complimentary close that expresses gratitude and appreciation.
5. Edit as Needed: Use the following samples as a guide, but make sure to edit them to fit your specific situation.
Seven Sample Authorization Letters to Collect Money on My Behalf
Sample Authorization Letter for Medical Expenses
Dear Sir/Madam,
I, [Your Name], hereby give authorization to [Other Person’s Name], to collect the sum of [Amount] for my medical expenses from [Hospital Name]. The payment shall be made in cash/draft/cheque or directly deposited to my bank account, [Account Number].
Thank you for your prompt attention to this matter.
Sincerely,
[Your Name]
Sample Authorization Letter for Rent Collection
Dear Property Manager,
This letter authorizes [Other Person’s Name] to collect my monthly rent of [Amount] on my behalf. The rent will be collected on the [Date] of every month, and the payment will be made in cash or deposited directly into my bank account, [Account Number].
Please provide [Other Person’s Name] with the necessary paperwork and receipts for the rent collected.
Sincerely,
[Your Name]
Sample Authorization Letter for Loan Collection
Dear Sir/Madam,
This letter authorizes [Other Person’s Name] to collect the outstanding amount of [Amount] on my loan from your institution. Please provide [Other Person’s Name] with the necessary paperwork and receipts for the amount collected.
Thank you for your prompt attention to this matter.
Sincerely,
[Your Name]
Sample Authorization Letter for Salary Collection
Dear HR Manager,
I hereby authorize [Other Person’s Name] to collect my salary for this month of [Amount] from our company. Please provide [Other Person’s Name] with the necessary paperwork and receipts for the amount collected.
Thank you for your prompt attention to this matter.
Sincerely,
[Your Name]
Sample Authorization Letter for Pension Collection
Dear Pension Fund Manager,
I hereby authorize [Other Person’s Name] to collect my pension for this month of [Amount] from your institution. Please provide [Other Person’s Name] with the necessary paperwork and receipts for the amount collected.
Thank you for your prompt attention to this matter.
Sincerely,
[Your Name]
Sample Authorization Letter for Dividend Collection
Dear Dividend Collection Agent,
I hereby authorize [Other Person’s Name] to collect my dividend for this year of [Amount] from your institution. Please provide [Other Person’s Name] with the necessary paperwork and receipts for the amount collected.
Thank you for your prompt attention to this matter.
Sincerely,
[Your Name]
Sample Authorization Letter for Refund Collection
Dear Sir/Madam,
I hereby authorize [Other Person’s Name] to collect the refund amount of [Amount] on my behalf from [Organization Name]. Please provide [Other Person’s Name] with the necessary paperwork and receipts for the amount collected.
Thank you for your prompt attention to this matter.
Sincerely,
[Your Name]
Frequently Asked Questions (FAQs)
Can I give authorization to someone else to collect money on my behalf?
Yes, you can give authorization to someone else to collect money on your behalf through a sample authorization letter. Make sure to clearly state the purpose of the letter and provide all necessary details, such as the amount of money, the method of payment, and the person’s name who is authorized to collect the money.
Do I need to notarize the authorization letter?
Notarization is not necessary, but it can be helpful in some situations, such as when collecting a large amount of money or when the payment institution requires it. Check with the payment institution to see if notarization is necessary.
Can I revoke the authorization letter?
Yes, you can revoke the authorization letter at any time by sending a written notice to the person who is authorized to collect the money. Make sure to provide clear instructions on how to return any money that has already been collected.
Is there a specific format for the authorization letter?
There is no specific format for the authorization letter, but it should include the purpose of the letter, the amount of money, the method of payment, and the name of the person who is authorized to collect the money. Follow the tips and samples provided in this article to ensure that your authorization letter is clear and effective.
Is it safe to give someone authorization to collect money on my behalf?
Yes, as long as you trust the person who is authorized to collect the money and you have provided clear instructions on how the money should be collected and where it should be deposited. Make sure to keep a copy of the authorization letter for your records.
Can I use a sample authorization letter from the internet?
Yes, you can use a sample authorization letter from the internet as a guide, but make sure to edit it to fit your specific situation. Use the samples and tips provided in this article to create an effective authorization letter that clearly states the purpose of the letter and provides all necessary details.
Conclusion
Writing a sample authorization letter to collect money on your behalf is a simple and effective way to ensure that your finances are taken care of when you are unable to do so yourself. Follow the tips and samples provided in this article to create an effective authorization letter that meets your specific needs.