Form with which a corporation may resolve to authorize an officer or representative to file necessary official documents for a given purpose.
Form with which a corporation may resolve to authorize an officer or representative to file necessary official documents for a given purpose.
Banking resolutions are generally part of the process for opening a bank account for your company. Check with your bank to see what their requirements are. To authenticate it as a stand-alone document, the banking resolution is signed by the corporate secretary and stamped with the corporation's corporate seal.
A banking resolution is a vital document that outlines who in a business has the authority to act on its financial matters, such as opening bank accounts or making key transactions.
What should a resolution to open a bank account include? LLC name and address. Bank name and address. Bank account number. Date of meeting when resolution was adopted. Certifying signature and date.
“RESOLVED THAT a Current Account in the name of the Company be opened with ____________ Bank, _____________ , for the operations of the activities of the Company and the said Bank be and is hereby authorized to honour all cheques, drafts, bills of exchange, promissory notes and other negotiable instrument, signed drawn ...