Board Resolution Format For Opening Bank Account
Description
How to fill out File Official Papers - Resolution Form - Corporate Resolutions?
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FAQ
?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 ...
1. That a Current account be opened and /or Fixed Deposit be booked in the name of the Trust with Indusind Bank Limited (?Indusind Bank?) at and that Mr. __________________________ and Mr. _________________________ is/are authorized to sign the necessary forms and documents therefore.
RESOLVED THAT the consent of the board of directors is hereby ed to open and operate a bank account in the name of company with [Bank Name] at [Branch Name].
A corporate resolution to open a business bank account is a document that clearly shows the bank who has the authority to start an account on behalf of your corporation. If this information isn't specifically covered in your Articles of Incorporation or bylaws, your bank may require a resolution.
Although different banks may have different account opening procedures and protocols, the general requirements are largely similar: A Board Resolution to authorize the account opening with a named bank, as well as indicating the authorized signatories to the account to be opened.