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

Last Updated: January 10, 2025

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

I, Richard Miller, residing at 456 Birch Lane, Los Angeles, CA 90001, being of sound mind and legal capacity, do hereby appoint Jennifer Thompson, residing at 789 Cedar Street, Los Angeles, CA 90002, as my true and lawful attorney-in-fact to act on my behalf for the purpose of managing all matters related to my bank accounts and financial dealings with [Bank Name].

This Power of Attorney grants Jennifer Thompson the authority to perform the following actions on my behalf:

  1. Bank Account Management: To open, manage, and operate bank accounts in my name, including savings accounts, checking accounts, and fixed deposits, held with [Bank Name].
  2. Deposits and Withdrawals: To deposit funds into and withdraw funds from my accounts as necessary, including cash, checks, or electronic transfers, and to obtain account statements or other related records.
  3. Cheques and Payments: To issue, sign, and endorse cheques, drafts, and payment orders in my name for any purpose permitted by law.
  4. Loan Applications: To apply for loans or lines of credit in my name with [Bank Name], as well as to sign loan documents, agreements, or guarantees, and make repayments on my behalf.
  5. Debit and Credit Cards: To apply for, manage, and operate debit cards and credit cards issued in my name, including making payments and resolving disputes with the bank.
  6. Account Closures and Transfers: To close any of my existing accounts with [Bank Name] and to transfer funds to other accounts as required.
  7. Bank Correspondence: To communicate with [Bank Name] regarding my accounts and financial matters, including resolving disputes, updating personal information, and requesting clarifications or adjustments to my accounts.
  8. Investments and Certificates: To purchase, renew, or redeem fixed deposits, certificates of deposit, or other financial instruments on my behalf.

This Power of Attorney shall become effective on January 10, 2025, and shall remain in effect until revoked by me in writing or until a specific termination date, whichever comes first.

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

I affirm that this Power of Attorney is granted to ensure the proper handling of my financial and banking matters, and I trust Jennifer Thompson to act in good faith and with my best interests in mind at all times.

Signed on January 10, 2025, at Los Angeles, CA.

Signature: Richard Miller
Printed Name: Richard Miller
Witness: George Taylor
Witness: Emily Johnson

[Notary Public Section as required in your jurisdiction]

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