Sei sulla pagina 1di 2

AUTHORIZATION LETTER

(CLIENT LETTERHEAD)

BDO UNIBANK, INC. (“BDO”)


__________________________________
__________________________________

Attention : Mr. Jaime M. Nasol


Senior Vice-President
TBG – Cash Management Services

Gentlemen :

Please find below the names, positions/titles and specimen signatures of the representatives of
_________________________________ (“Client”), authorized to do and perform the following
acts:

1.To signature verify and endorse Customer Account Records (“CARs”), Cash Card Cardholder
Enrollment Form Information and other Account Opening Requirements of Enrolled Employees:
Name Position/Title Specimen Signature

2. To receive, accept and acknowledge receipt of ATM Cards and/or Cash Cards of
Enrolled Employees at the following Client sites:
Client Site Name Position/Title Specimen Signature

3. To make, deliver, send and transmit the Payroll Requirements (e.g. Payroll File, Payroll Master
List, revisions, updates thereto) to BDO:
Name Position/Ttile Email Address Office Address

4. To prepare and submit the Separated Employees Report:


Name Position/Title Specimen Signature
The authority granted to the abovenamed representatives shall be valid and effective unless and
until BDO is otherwise notified in writing by the Company.

The Company hereby irrevocably agrees to indemnify and render the Bank , its directors, officers,
employees and assigns, free and harmless from any and all liabilities, actions, claims, suits and
damages (including attorney’s fees and costs of suit) which may arise as a result of or in
connection with BDO’s reliance upon and implementation of the Company’s above mentioned
authorization. Further, BDO shall not be liable for any loss, damage to or unauthorized or
fraudulent use of the ATM Cards and/or Cash Cards from and after release by BDO of the ATM
Cards and/or Cash Cards to the abovenamed authorized representative/s of the Company.
These provisions shall survive the termination of this authorization letter.

We understand that this letter is being issued by us pursuant to our Regular Payroll and/or Cash
Card Payroll Agreement/s.Capitalized terms used herein and not defined shall have the meanings
ascribed to them in the Regular Payroll and/or Cash Card Payroll Agreement/s.

Very truly yours,

(Authorized Signatories of Client as stated in Board Resolution)

Potrebbero piacerti anche