"LETTER OF AUTHORITY TO OPERATE ON NON RESIDENTIAL RUPEE"
LETTER OF AUTHORITY TO OPERATE ON NON-RESIDENTIAL RUPEE A/C The Dy. General Manager Date: UTI Bank Ltd. Ahmedabad Dear Sir, My/our Non-resident External Rupee (NRE) A/c. No. SB/CA_____________________with you I/We hereby authorize you to honour all cheques drawn on the above account no. SB/CA with the bank provided such cheques are signed by Mr./Ms. _____________________________ whose specimen signature duly confirmed by me/us is given below, notwithstanding that such cheques may create an overdraft. The aforesaid Mr./Ms. ________________________________ is my father/mother/close relative (close relative means husband, wife, brother or any lineal ascendant or descendant of the individual) (specify) and he / she is authorised to operate the above account on my / behalf. ONLY FOR LOCAL DISBURSMENTS as per the rules governed by the Exchange Control Regulations of Reserve Bank of India. Yours faithfully, X X (Signature of the A/c Holder/s) Photograph of the Letter of Authority Holder Specimen signature/s of Letter of Authority Holder/s 1. 2. 3. Confirmed by A/c holder/s (Signature/s) 1.X 2. 3.