If you want to consent for your bank to complete a transaction, you can use this Payment Authorization Letter to inform them.
[Sender’s Name]
[City, State and Zip Code]
[Email Address]
[Date]
[Bank’s Name]
[City, State and Zip Code]
[Email Address]
Reference: Payment Authorization to [Recipient’s Name]
To Whom It May Concern,
I am writing to authorize the payment of [Amount] to [Payment recipient’s Name]. The payment is in relation to [purpose of the payment]. This transaction should be completed on or before [Date] to prevent penalties.
I request that you complete this transaction from [Account Number]. Additionally, please deduct any applicable fees for this transaction from this account. I have included a copy of the invoice to process this payment authorization.
Best Regards,
[Sender’s Signature]
[Sender’s Name]