Authorisation Letter to Financial Institution-Operating of Discretionary Account

Description

This document is an Authorisation / Request form given by a company / entity to open a discretionary account with a financial institution for investment / trading purposes. It authorises the bank to open up a corporate account in which all the purchases, sales, holdings and other dealings in securities effect from time to time. It allows a broker to buy and sell security without the consent of the client for each trade.

This agreement has 2 pages