Are you in need of a Change Of Authorized Signatory Letter Sample? Look no further! Below you will find an example of a letter that you can use as a template for informing relevant parties of changes to your authorized signatories. Feel free to modify the content to suit your specific needs.
Explanation of Change Of Authorized Signatory Letter Sample
When a company undergoes changes in its authorized signatories, it is crucial to inform all relevant parties to ensure smooth operations. This letter serves as a formal notification of these changes and provides clarity on who is authorized to sign on behalf of the company. Below are the key points to consider when drafting a Change Of Authorized Signatory Letter:
- Clearly state the reason for the change in authorized signatories.
- Provide details of the new authorized signatories, including their names, titles, and signatures.
- Specify the effective date of the change to avoid any confusion.
- Include any additional information or instructions that may be relevant to the change.
Example of Change Of Authorized Signatory Letter Sample
Dear [Recipient’s Name],
I am writing to inform you of a change in our company’s authorized signatories. Effective [Effective Date], [New Authorized Signatory Name] will be replacing [Old Authorized Signatory Name] as the authorized signatory for all financial transactions and official documents.
[New Authorized Signatory Name] holds the position of [New Authorized Signatory Title] and has been duly authorized to sign on behalf of the company. Please update your records accordingly to reflect this change.
If you have any questions or require further information regarding this change, please do not hesitate to contact me at [Your Contact Information].
Sincerely,
[Your Name]
[Your Title]