Authorisation Letter to Financial Institution
Margin Client for Stock Borrowing
This document is an Authorisation / Request given by margin account client for securities borrowing / lending / margin lending purposes. The Account opened allows for deposits such as securities as collateral for loans or advances made to the authorised by a financial institution; to borrow or lend such securities without notice.
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Document Description
This document is an Authorisation / Request given by margin account client for securities borrowing / lending / margin lending purposes. The Account opened allows for deposits such as securities as collateral for loans or advances made to the authorised by a financial institution; to borrow or lend such securities without notice.
How to use this Document?
This is a letter written to the bank for the authorisation for securities borrowing / lending / margin lending under Margin Account.
This letter should be signed by the client.
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