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.
A board resolution for opening a bank account is essential when a company initiates a new banking relationship. This resolution generally authorizes specific individuals within the organization to manage the account and conduct transactions on behalf of the company.
What should a resolution to open a corporate bank account include? Corporation name and address. Bank name and address. Bank account number. Date of resolution. Certifying signatures and dates. Corporate seal.
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.