Document background
An Authorization Letter For Transaction is a crucial legal instrument in Singapore's business environment, used when an individual or organization needs to delegate transaction authority to another party. This document, governed by Singapore law, specifically outlines the scope of authorization, transaction limits, and duration of the authority granted. It's particularly important in situations where the authorizer cannot be physically present to conduct transactions, requiring clear documentation for banks, government agencies, or other institutions. The document must comply with Singapore's Electronic Transactions Act, Personal Data Protection Act, and relevant banking regulations.
