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An Authorization Letter To Withdraw Money From Cooperative is a crucial document in Singapore's cooperative banking system. It is used when a cooperative member needs to delegate the authority to withdraw funds to another person, whether due to absence, illness, or convenience. The document must conform to Singapore's Cooperative Societies Act and include specific details such as the authorized amount, duration of authorization, and full identification of both parties. This authorization serves as a legal record of the member's consent and protects both the cooperative and the parties involved in the transaction.
