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Format of Power of Attorney for Bank Authority

Format of Power of Attorney for Bank Authority

KNOW ALL men these present that We, (1) _____ (2) _____  (3) all sons/daughters of late _____ son of _____ All resident of _____, do hereby  appoint our mother _____ as our Attorney in our name and on our behalf  to do or execute  all or of the acts or things.

Whereas late _____ has with the following accounts with _____ Bank,  _____.
Whereas he has expired on _____, leaving behind the following legal heirs.
(1_____ (2) _____ (3) _____ all sons/daughters of late _____ son of _____ & (4) _____widow of late _____All resident of _____,


And whereas we cannot present ourselves to receive our share in the said amount and give discharge to the Bank.

By virtue of this Power of Attorney, the same nominated Attorney will do the following acts i.e. to say.

1. To receive out share in the said amount lying with _____.

2. To give receipt and proper discharge to the Bank connection with the above amounts received on our behalf.

3. To execute Indemnity Bond and arrange for surety in respect of our share in the said amount received.

4. Generally to so all lawful acts necessary for receiving of the said amounts from the Bank.

And we hereby agree that tall acts, deed and things lawfully done by our said attorney shall be deemed as acts deeds and things done by us personally and we undertake to ratify and confirm all and whatsoever that our said attorney shall lawful do or cause to be done for us by virtue of power hereby given and that no binding on us.

In witnesses where we signed this deed on this _____ day of _____.



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