Get a board resolution template sample to open a bank account and save as a . A specific corporate resolution that authorizes specific corporate officers with the legal standing to sign contracts on behalf of the corporation.Complete this form and we'll quickly prepare a corporate resolution to open a bank account. We'll need some basic information, i.e. Types of resolutions detailed in a Corporate Resolution include: opening bank accounts, executing contracts, or leasing equipment or facilities. The resolution officially authorizes members to open a bank account, apply for loans, and make withdrawals in the company's name. Please fill out this field. Understanding its purpose, elements, and the steps involved in completing it correctly is crucial for smooth and compliant business banking operations. The document outlines a board resolution for a company to designate a bank as its depository and authorize officers to manage bank accounts.