I have written a detailed Power of Attorney (POA) after meeting with a bank official. I would like this POA it to be formatted and adjusted in such manner that no general English language words are used. Also, the writer to suggest me what additional points can be added to this POA to make it sound correct.
On 10th January, 2020. I Robert Smith (Passport #) son of John Smith (Passport #) residing at Tokyo, Japan do hereby designate my brother Albert Smith (Passport #) who is currently residing in China.
I Robert Smith as legal heir of deceased John Smith family give my brother Albert Smith the Power of Attorney on my behalf to execute bank account legalities of my father at the Universal China Bank.
I am giving my brother Albert Smith unconditional Power of Attorney privileges to represent me at the Universal China Bank in China. He has full rights to exercise and oversee legal matters at the Universal China Bank where our deceased father John Smith has active fixed deposits and bank accounts. Albert Smith is authorized on my behalf to exercise the followings but not limited to at the Universal China Bank in China.
#To enter into, make, sign, seal, execute, deliver, acknowledge all agreements, contracts, deeds, declarations, documents, papers, writings and things that may be necessary or proper to be entered into, signed, sealed, executed, delivered, acknowledged and etc in my name and on my behalf for such consideration as the Attorney may deem fit and to make payment of purchase price or advance as may be required for the purpose of these presents.
#To file and receive back documents, to deposit, wire transfer local/international and withdraw money and to grant receipts thereof from Universal China Bank.
#To open, maintain and operate bank accounts including drawing, accepting and negotiating instruments on my behalf with the bank, at any of its branches.
#To activate, deactivate, update and close any account (s) information and status.
#To withdraw any amount from fixed deposits, transfer, collaterals, or any other funds or rights currently deposited.
#To execute all kinds of transfer from the Principal’s account to local or foreign banks.
#To agree with bank on the rates of interest, commissions and other charges due on any of our deceased father accounts or transactions with you.
#In, general, to carry out all transactions with your Bank on our behalf, including, issuing instructions, signing all contracts, invoices, settlements and other documents in relation to the matters mentioned in this Power of Attorney for Universal China Bank accounts on the name of our deceased father John Smith.
Albert Details (Passport and ID Card)
John Smith Details (Passport and ID Card)
Robert Smith (Passport and ID Card)
I hereby agree and undersigned to all acts, deeds and things lawfully done by me/our said Attorney shall be construed as acts, deeds and things done by me and I/we undertake to ratify and confirm all and whatsoever that my /our said attorney shall lawfully do or cause to be done for me /us by virtue of the Power hereby given.