♢ Business Closure Form. Krenk says, "Increased fees for overdrafts, wire transfers and account maintenance are possible as financial institutions look to recover costs.It is always a good idea to prepare a corporate resolution to open a bank account to add to the record of approved business activities. Either way, it is always a good idea to prepare a corporate resolution to open a bank account to add to the record of approved business activities. "Assuming Institution" has the meaning set forth in the introduction to this Agreement. Please enter a search term. Basemap. Basemap Gallery. Options. Close.