Power of Attorney Letter for Bank Account Example [Edit & Download]

I, Robert Johnson, residing at 789 Cedar Lane, Chicago, IL 60601, being of sound mind and legal capacity, do hereby appoint Sarah Williams, residing at 123 Maple Avenue, Chicago, IL 60602, as my true and lawful attorney-in-fact to act on my behalf in all matters related to the management and operation of my bank account with [Bank Name].

Bank Account Details

Account Holder Name: Robert Johnson
Bank Name: First National Bank
Account Number: 9876543210
Branch Address: 456 Oak Street, Chicago, IL 60601

Powers Granted

Deposits and Withdrawals: To deposit funds into and withdraw funds from my account as necessary, whether by cash, check, or electronic transfer.
Cheque Signing: To issue and sign cheques in my name for any lawful purpose.
Account Management: To manage my account, including updating personal details, requesting account statements, and resolving any account-related issues.
Online Banking: To access and operate my online banking facilities, including making transfers, paying bills, and managing transactions.
Loan and Credit Handling: To apply for or manage loans or credit facilities linked to my account, if necessary, and make repayments on my behalf.
Account Closure: To close the bank account if deemed necessary and transfer the remaining balance to another account of my choosing.
Legal Representation: To communicate and represent me in all matters with the bank, including dispute resolution, compliance issues, or other legal matters related to the account.

Effective Date and Duration

This Power of Attorney shall become effective on January 10, 2025, and will remain in effect until revoked by me in writing or until the specified purpose is fulfilled.

Revocation

This Power of Attorney may be revoked by me at any time by providing written notice to Sarah Williams and [Bank Name]. Any such revocation shall be effective immediately upon delivery of the written notice.

I affirm that this Power of Attorney is granted to ensure the proper handling of my bank account-related matters and trust Sarah Williams to act in good faith and in my best interest at all times.

Signed on January 10, 2025, at Chicago, IL.

Signature: Robert Johnson
Printed Name: Robert Johnson
Witness: Emily Green
Witness: James Brown

[Notary Public Section as required in your jurisdiction]

Power of Attorney Letter for Bank Account Example [Edit & Download]