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  • Deeds & Drafts / Declaration-for-advances-to-Joint-Account-Holders

Deeds & Drafts

Declaration for advances to Joint Account Holders

______________ Bank,

 ______________ Branch

Date:

Dear Sirs,

We the undersigned ___________ having applied for and been granted advances in our joint names on Overdraft/Cash Credit Account and for which account we are to be jointly and severally liable, hereby request and authorise you to honour cheques on such account signed by any ________ of us and to place the amount of all such cheques to the debit of such account, whether the account should happen to be in credit or overdrawn at the time of your honouring such cheques.

This authority shall remain in force until we shall give you notice to the contrary, in writing, under our hands.

Yours faithfully,

 

 


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