Letter of Authority To Operate Account

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LETTER OF AUTHORITY TO OPERATE ACCOUNTS From: To, ‘The Chief General Manager Canara Bank (Tanzania) Ltd Dear Sir / Madam Sub: Account Number: Wve hereby authorize you to honour all cheques or drafts drawn on the above account and to accept and act upon receipts for money deposited with or owing by the bank on any account or accounts at any time or times kept or to be kept in the above named account with the kank provided such cheques or draft are signed by Mr. / Mrs... whose specimen signature card is enclosed duly courtersigned by me/us, notwithstanding that such cheques or drafts may create overdrawing or to increase it to any extent. Mr / Mrs .-i also authorized on my/our behalf to make,draw, accept, endorse and negotiate or otherwise sign any hundis, Bill of Exchange and promissory Notes or other Negotiable Instruments to operate or overdraw an the above account with your bank, to receive payments of all moneys due to me /us. The authority shall continue in force until/ I/we revke it by a notice in writing delivered to you. ‘Specimen signatures of authorized person Aone 7 2) aa Countersigned by (Account holder/s) Namen. : Signature... Designatior Company Stamp Date FOR OFFICE USE Noted in the System Signature verified Accepted Signature of the Teller Officer/Manager General Manager Date:

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