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Ash
Ash, Solicitor
Category: Law
Satisfied Customers: 10916
Experience:  Solicitor with 5+ years experience
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How long is a Letter of Authority valued a bank has

Resolved Question:

How long is a Letter of Authority valued for after a bank has exempted it?
Submitted: 2 years ago.
Category: Law
Expert:  Ash replied 2 years ago.
Hello my name is ***** ***** I will help you.I dont quite understand, after the bank has exempted it?
Customer: replied 2 years ago.
The bank have a time scale of me signing the LOA and the date they recived it of no more than six months. My question is how long is it valed for the CMC to act on my behalf?
Expert:  Ash replied 2 years ago.
Until it has been revoked. So there is no time limit, unless the bank has a different policy or you cancel it.
Can I clarify anything for you about this today please?
Alex
Ash and 2 other Law Specialists are ready to help you
Customer: replied 2 years ago.
Sorry it should read acted on the LOA