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 the powers granted to them concerning the management of the bank account. It serves as an official directive to the bank, ensuring that the account is opened and operated in accordance with the company’s decisions
We provide a customizable format for an Account Opening Resolution that can be utilized by companies to draft this essential document. Typically, this resolution is prepared on the company’s official letterhead and is duly signed and authorized by the board of directors. It should clearly mention the names of the authorized signatories and the extent of their authority regarding the bank account operations.
You can select the specific document you need, and our team of experienced lawyers will draft it for you—starting with a free consultation call to understand its purpose and tailor it to your business requirements.
Let us draft a Board Resolution for Account Opening from scratch, fully personalized and customized to meet your company’s needs and ensure smooth banking operations.