Authorization Letter for Personal Loan Closure

Last Updated: April 26, 2024

Authorization Letter for Personal Loan Closure

Dale Beck
123 Oak Avenue
Springfield, IL 62704
[email protected]
October 12, 2023

Loan Manager
Springfield Community Bank
456 Pine Street
Springfield, IL 62705

Dear Loan Manager,

I, Dale Beck, holding the personal loan account number 987654321 with Springfield Community Bank, hereby authorize my brother, Thomas Beck, to act on my behalf regarding the closure of the aforementioned personal loan. Due to my current assignment overseas, I am unable to manage this matter personally.

Thomas Beck, bearing identification ID number IL9876543, has my full consent to complete all necessary procedures related to the closure of my personal loan, including the settlement of any outstanding balance, collection of relevant documents, and receipt of final closure statements. He will present this letter along with his identification as proof of his authorization.

This authorization is valid until the complete closure process of the loan is duly completed, but not beyond December 31, 2023. I assure you that any actions taken by Thomas Beck regarding my loan will be in compliance with the bank’s policies and my loan agreement.

I kindly request the bank’s cooperation in assisting Thomas Beck with the required procedures to ensure a smooth and efficient closure process. Please feel free to contact me directly at my email or phone number listed above should you need further verification or have any questions.

Thank you for your attention to this matter and for your continued support.

Sincerely,

[Signature]
Dale Beck

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