Example of Power of Attorney for Withdrawing Money and How to Make it

Example of power of attorney for withdrawing money – All banking-related matters must be carried out by the account owner himself. So, if Sinaumed’s wants to withdraw money or make transactions at the bank, you have to go to the nearest branch office yourself.

Then, what if you are too busy to do not have time to do it? Or are you seriously ill but have to take money on the same day? It’s easy, you can make a power of attorney to withdraw money. This method is commonly used by many people, including employers who ask their employees to take money.

By using a power of attorney to withdraw money, you notify the bank that you are handing over power or authority to the person representing you. So you can still complete your business without having to come directly to the branch office.

In this article, we will discuss examples of power of attorney for withdrawing money and how to make one.

What is Power of Attorney for Withdrawing Money

A power of attorney for withdrawing money is basically a letter declaring the transfer of authority from the first party to a second party, such as a parent, sibling, child or employee.

This letter can be used when you cannot withdraw money at the bank yourself, so you have to represent it to someone else.

For example, you are seriously ill and cannot go out but have to withdraw a deposit to pay for hospital bills. Sinaumed’s can represent it to parents by making a power of attorney to withdraw money. So that your parents have the right to withdraw deposits on your behalf.

However, this power of attorney cannot be made haphazardly. There are certain conditions that must be met first, that is, you absolutely cannot go to the branch office yourself and include conditions, information, and facts in the letter.

In other words, this power of attorney is proof of transferring your rights and authority to another person who is the recipient of the power of attorney. The bank will usually ask for a power of attorney when they want to serve your needs. As explained by Sahala Aritonang in the book Template for Writing a Power of Attorney, Lawsuit Answer.

https://sinaumedia.com/products/template-penulisan-surat-kuasa-surat-juangan-answer-eksep-1?queryID=84406f91a0d5ddea448a2effd370218a

Therefore, Sinaumed’s must give power of attorney to someone you trust 100% because the bank will not be responsible if there is a loss or other things after the person in power has received the money.

Characteristics of Power of Attorney for Withdrawal of Money

A power of attorney for withdrawing money has several characteristics that are different from other letters in general, such as:

  1. A power of attorney for withdrawing money is made using standard Indonesian which is easy to understand.
  2. The power of attorney for taking money contains a statement of the transfer of authority or power from oneself to another person who is trusted.
  3. The language and words used in the power of attorney for withdrawing money must be concise, concise and clear.

How to Make a Power of Attorney for Withdrawing Money

You can make a power of attorney for withdrawing money yourself at home without the help of another party. But before that, you must first know what the elements and structure of a power of attorney are and what needs to be considered when making it.

Things to pay attention to when making a power of attorney to withdraw money

1. Find people you really trust

The power of attorney to withdraw money contains a very important and crucial mandate, so Sinaumed’s must find someone who is truly trusted to be the recipient of the power of attorney. That way, you can prevent things that are detrimental.

At the very least, you and the recipient of the power of attorney must have a good level of maturity and be physically and spiritually healthy. In addition, ask the person closest to you to accompany the power of attorney until you receive the money in person.

2. Prepare the necessary documents

When making a power of attorney, you and the attorney must prepare original documents to guarantee the data written in the letter. Thus, there will be no data errors, data errors, or falsification of your data and those of the attorney.

The written data must be original and correct so that the mandate contained in the power of attorney is carried out completely and smoothly. For example, if you want to provide a power of attorney to withdraw a deposit, then you must bring your KTP and bank account savings card.

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3. Stamp or seal

Next, make sure you put a stamp on the power of attorney to withdraw money. This stamp will later become proof that your power of attorney is valid in the eyes of the law and court.

Supposing, stamp duty is a “shield” of defense that prevents bad things from happening. Like the recipient of the power of attorney to take away your money or misappropriate the power given to him. Also, make sure the power of attorney signs the power of attorney on a stamp duty, OK!

This is why you have to choose the closest, trusted person, and able to carry out the task as the recipient of the power of attorney. That way, tasks can be completed properly and correctly.

You can find complete information about the things that need to be considered when making a power of attorney in the book Civil Procedure Code Edition 2 written by Elfrida R Gultom. This book reviews various matters related to civil procedural law which are very useful for academics, practitioners, students, and the general public.

 

Parts of Power of Attorney for Collection of Money

In making a power of attorney to withdraw money, there are several elements that must be clearly stated by the power of attorney to the recipient of the power of attorney, including the following:

  • Authorization personal data (Name NIP/NIK, Rank/Position, Occupation, Address).
  • From the power of attorney (Name NIP/NIK, Rank/Position, Occupation, Address).
  • Types of authority, causality, and limits.

In addition, a power of attorney must also contain important parts so that its position is valid in the eyes of the law, such as:

1. Letterhead or letterhead

Letter heads or letterhead are generally used in power of attorney issued by government agencies, government agencies, or companies. Meanwhile, an informal or personal power of attorney does not require letterhead.

Included as part of the letterhead include:

  • Name of agency, institution, or company
  • Complete address
  • Post box number
  • Postal code
  • Email address
  • Telephone
  • Fax
  • Company Logo

2. Letter number

An official or formal power of attorney made by an agency, institution or company must include the letter number according to the administrative data from the company. Meanwhile, non-formal or personal letterhead does not have to include the letter number.

3. Authorizer

In the power of attorney to withdraw money, it must be explained who is the principal and what are the rights and obligations. This section clearly states that the principal surrenders his power, rights or authority to the attorney general.

In addition, this part also signifies the agreement of the authorized person to give the power of attorney to the authorized person appointed by him.

4. Complete identity of the authorizing agent

After explaining the duties, rights and obligations of the attorney, the next step is to write down the complete identity. In this one power of attorney, the identity of the person giving the power of attorney must be written correctly according to the original data.

Therefore, Sinaumed’s must prepare identity documents and other documents needed. Such as KTP, KK, and others. Identity here includes full name, KTP number, type of work, full address, and telephone number.

5. The power of attorney

This section is the same as with the power of attorney, it will explain who is the recipient of the power of attorney, what rights and obligations he has. In this section, it must be written that the authorized person is willing to accept the power, rights or authority of the principal.

6. Identity of the authorized person

Next, also write down the identity of the recipient of the power of attorney in full and in accordance with the original data. Just like the power of attorney, what includes the identity of the power of attorney is the full name, KTP number, type of work, full address, and also telephone number.

7. Charge power

The contents of the power of attorney is the main part of the power of attorney for withdrawing money because this section explains what is authorized.

This sentence can be adjusted to the authority that must be carried out by the recipient of the power of attorney or the need for authorization. So, apart from withdrawing money, you can also write down opening an account, taking documents, or something else.

8. Time of authorization

After explaining the tasks represented by the power of attorney to the person of power, the next part is to explain the time of granting power of attorney.

In this section, it is explained about the time of authorization from the date of creation to the end of the validity period. This is done to notify third parties who will deal directly with the authorized person.

For example, the bank that will read the power of attorney to withdraw money will know whether the letter submitted by the power of attorney is still valid or has expired.

Especially for personal power of attorney, the timing of this power of attorney will be discussed first by both parties.

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9. Signature

Next is the signature section which will ensure that the giving of power of attorney and the receipt of power are not carried out with an element of coercion. This is evidenced by the signature on the stamp duty affixed by the principal and the attorney.

At the time of signing, it must be witnessed in person by a notary or a third party.

In addition, the signature on this stamp proves that the power of attorney to withdraw money made is valid and recognized in the eyes of the law and court. So, if for example things happen that are not desirable, then the power of attorney or the recipient of the power of attorney can be brought to justice.

10. Closing

Finally, there is a closing section which contains a closing statement regarding the agreement between the principal and the attorney. This closing statement usually reads:

“Thus, I made this power of attorney to withdraw money truthfully without any coercion from any party so that it can be used as it should be.”

Find important sections in other types of power of attorney in the book Anti Confusion in Court Procedures and Making a Power of Attorney compiled by Lukman Santoso. This book is able to be a guide for ordinary people who want to know or learn the ins and outs of court proceedings and how to make a power of attorney.

 

Example of Power of Attorney for Withdrawing Money

Sample Power of Attorney for Withdrawing Money at the Bank

Power of Attorney for Withdrawing Money at the Bank

I, the undersigned below:

Name : Andri Baraka

Place and Date of Birth : Bandung, October 27, 1985

Address : Jl. Beautiful Palace with No. 234, Bandung

KTP Number : 021782271085897

Phone Number : 0812-3456-7891

Parents Name : Barakah Putra

Hereinafter referred to as Authorizer

Name: Baraka Putra

Address : Jl. Beautiful Palace with No. 234, Bandung

KTP Number : 0217834626498

Hereinafter referred to as the Authorized Recipient

With this power of attorney, I as the Authorizer authorize my father as the Authorized Person to withdraw Rp. 25,000,000 in cash from my bank account with the following data:

Account Number : 987654321

Account Name : Andri Barakah

Bank Name : Bank Rakyat Indonesia West Bandung KCP

This power of attorney is made with the full responsibility of the Authorizer.

Thus we made this power of attorney consciously without any coercion from any party. Hopefully it can be used properly as it should.

Bandung, 30 November 2022

Recipient of Power of Attorney

(Signature) (Signature & Stamp Duty)

Barakah Son Andri Barakah

Sample Power of Attorney for Collecting Salary

Power of Attorney for Collecting Salary at the Bank

I, the undersigned below:

Name : Gunawan Setia

Place and Date of Birth : Yogyakarta, 02 August 1983

Address : Jl. Forward With Us No. 123, Sleman

KTP Number : 041681020883853

Phone Number : 0819-8765-4321

Occupation: Account Executive

Hereinafter referred to as Authorizer

Name: Diamond Diamond

Address : Jl. Beautiful Jasmine Rose No. 56, Sleman

KTP Number : 0218743234689

Hereinafter referred to as the Authorized Recipient

I, as the Authorizer, hand over the power of attorney to the Authorized Person to manage and collect salaries for the month of November 2022 at PT. Merdeka Forever with an amount of IDR 12,000,000. The Attorney will make the collection no later than November 28, 2022.

This power of attorney for taking salary money is made with the full responsibility of the Authorizer.

Thus we made this power of attorney consciously without any coercion from any party. Hopefully it can be used properly as it should.

Sleman, 30 October 2022

Recipient of Power of Attorney

(Signature) (Signature & Stamp Duty)

Intan Permana Gunawan Setia

Sample Power of Attorney for Retrieval of Pension Fund Money

Power of Attorney for Withdrawing Pension Fund Money at the Bank

I, the undersigned below:

Name : Surya Cipta Koesoema

Place and Date of Birth : Sukabumi, March 10, 1952

Address : Jl. Fertile Jasmine Flower No.46, Sukabumi

KTP Number : 0325675010035276

Phone Number : 0812-5436-9786

Last Position : Head of Public Service Section

Hereinafter referred to as Authorizer

Name : Asep Gurcita

Address : Jl. Subur jasmine flower no. 50, Sukabumi

KTP Number : 7793862338765

Occupation: Deputy Head of Public Service Section

Hereinafter referred to as the Authorized Recipient

I, as the Authorizer, hand over the power of attorney to the Authorized Person to manage and withdraw pension funds in November 2022 at PT. Makmur Jaya Abadi with an amount of IDR 5,500,000. The Attorney will withdraw the pension fund no later than December 2, 2022.

The Authorizer will accept full responsibility if there is a violation or fraud committed by the Authorized Person.

Thus we made this power of attorney consciously without any coercion from any party. Hopefully it can be used properly.

Sukabumi, 01 December 2022

Recipient of Power of Attorney

(Signature) (Signature & Stamp Duty)

Asep Gurcita Surya Cipta Koesoema

Find other examples of power of attorney in the book Template for Writing a Power of Attorney, Letter of Claim for Answers written by Sahala Aritonang.

 

This is the discussion about the sample power of attorney for withdrawing money and the parts contained in the power of attorney for withdrawing money. Hopefully all the discussion above can be useful as well as add to your insight.

If you want to find a book about letter writing, you can get it at sinaumedia.com .

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Author: Gilang Oktaviana Putra

Source:

  • https://www.rumah.com/panduan-properti/example-surat-kuasa-bank-32788
  • https://koinworks.com/blog/example-letter-of-power/
  • https://midtrans.com/en/blog/example-surat-kuasa-pengambilan-uang
  • https://katadata.co.id/intan/berita/634895411ce1c/example-surat-kuasa-pengambilan-uang-di-bank-element-dan-bagiannya