An Account Opening Resolution is a formal document drafted by a company’s board of directors to authorize the opening of a bank account in the company’s name. This resolution specifies the authorized signatories and outlines their powers regarding the management of the bank account. It serves as an official directive to the bank, ensuring the account is opened and operated in accordance with the company’s decisions.
We offer a customizable Account Opening Resolution format that companies can use to draft this essential document. Typically, the resolution is prepared on the company’s official letterhead and is duly signed and authorized by the board of directors. It should clearly state the names of the authorized signatories and define the scope of their authority over the bank account operations.
Select the document you need, and our experienced lawyers will draft it for you—starting with a free consultation to understand its purpose and customize it according to your business requirements.
Let us draft a Board Resolution for Account Opening from scratch, fully personalized and tailored to meet your company’s needs and ensure smooth banking operations.
