Authorisation Letter to Financial Institution

Operating of Discretionary Account

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Description:

Authorisation given to a company / employee in relation to the operation of a discretionary account kept with a financial institution for investment / trading purposes.

I/we hereby specifically requested the opening and maintaining of a Discretionary Account with you. I/we have authorised and designated you or your employee _______________________ to effect Transaction in securities dealing for me/us on terms of the Client Agreement at your absolute discretion and at my/our risk. The discretionary authority granted to you or your designated employee will be restricted to trade execution only. Your Settlement Team will contact me/us directly for settlement of transactions.

Document Type:

Deed /poa / authorisation / agency / escrow

Category:

Business > Banking and Finance > Banking / Account Opening Form

 
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