Document background
The Authorization Letter for Transaction is commonly used in business and personal contexts where one party needs to delegate authority to another for conducting specific transactions. Under English and Welsh law, this document provides legal protection and clarity for all parties involved. It is particularly important in situations where the authorizing party cannot be physically present or wants to formally delegate transaction authority. The letter must clearly state the scope of authority, duration, and any limitations to prevent misuse and ensure compliance with UK regulatory requirements.
