A credit authorization form is made to authorize a bank to charge from one’s account in order to pay a person stated on the form. It authorizes the bank to do as given in the form that means the form carries some important information on the basis of that the bank can proceed further. The form should be filled by the credit holder with giving the necessary details to the concerned bank.
A cardholder uses the form in many purposes, especially in needs. Landlords can also use the form only to check the credit report of a person with whom, they share a professional relation. Non-borrower also can withdraw money from the account of a credit holder with the consent of that person. The form contains information, including the account number, the type of the card and its validation, the amount to be charged and other things related to the financial transaction. The form should be signed by the card holder, without which it makes no use.
The template of the form is available in PDF and Word file. As per your use, you can download it.
Credit Authorization Form
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