THIRD-PARTY MANDATE – SOLE PROPRIETORSHIP ACCOUNT
Date: February 25, 2021
Satellite Town, Rawalpindi
ACCOUNT NO. __________________
Until I shall give you notice in writing to the contrary, I authorize Mr. __________whose specimen signature appears below:
- To draw cheques and accept bills in my firm’s name on my firm’s above-mentioned Account and authorize you from time to time to pay and honor all such cheques and bills and place the amount thereof to the debit of the said amount whether the account is in credit, overdrawn or otherwise at the time when such cheques and bills are presented to you for payment.
- To draw bills on my firm’s behalf and to arrange terms with you for the discount or purchase of any documents.
- To buy, sell, fix or otherwise arrange Foreign Exchange on my firm’s behalf.
- To deal with and withdraw any of my firm’s securities from time to time held by you and to take advances thereon and to charge to or deposit with you any other securities in my firm’s name upon such terms as you may require.
- From time to time on my firm’s behalf to certify the correctness of the above account.
- To endorse cheques, bills, notes, drafts, orders, and all other documents on my firm’s account to pay money and such documents to the credit of the said account and to receive cheques and other vouchers relating to the said account.
- To give in writing instructions of any nature involving a debit to my firm’s above-mentioned Account.
- Generally to act on my firm’s behalf in all matters of business with you.
Specimen Signature of Your Name
Letter For Signature Authorizing Someone on Your behalf
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