Sample of Payment Authorization Letter
Dear Sir/Madam,
Introduction
I am writing this letter to formally authorize a payment of [amount] from my account to [payee’s name] for the purpose of [reason for payment].
Authorization Details
The account from which the payment will be made is listed as follows:
Bank Name: [bank name]
Account Name: [account name]
Account Number: [account number]
Swift Code: [swift code]
Routing Number: [routing number]
The payment amount will be transferred from this account to [payee’s name]’s account listed below:
Bank Name: [payee’s bank name]
Account Name: [payee’s account name]
Account Number: [payee’s account number]
Swift Code: [payee’s swift code]
Routing Number: [payee’s routing number]
Authorization Confirmation
Please confirm if the payment details stated are correct and inform me if there are any further requirements. I affirm that I have sufficient funds to cover the payment and that all information provided is accurate to the best of my knowledge.
Sincerely,
[Your Name]
[Your Signature]
Date: [Date of Authorization]
Witness
[Witness Name]
[Witness Signature]
Date: [Date of Witnessing]
