Board Resolution Closing Bank Account Template for Netherlands

A Board Resolution Closing Bank Account is a crucial corporate governance document used when a company needs to formally authorize the closure of its banking facilities. This document is particularly important in the Netherlands, where corporate actions must be properly documented and authorized in accordance with Dutch law and the Dutch Corporate Governance Code. The resolution is typically required by banks as evidence of proper corporate authorization and is used when companies are restructuring their banking relationships, closing dormant accounts, completing liquidation processes, or shifting banking providers. The document must include specific details about the account(s), authorized persons, and any special instructions for remaining funds. It needs to comply with both the company's articles of association and Dutch banking regulations, making it a key governance tool for managing corporate banking relationships.

1. Header: Company details including full legal name, registration number, and registered address

2. Date and Location: Date and place of the board meeting/resolution

3. Attendance: List of board members present/participating and confirmation of quorum

4. Background: Brief context explaining the reason for closing the bank account

5. Account Details: Specific details of the bank account(s) to be closed, including account numbers and bank information

6. Resolution: The formal decision to close the specified account(s)

7. Authorization: Designation of authorized persons to execute the account closure and handle related matters

8. Signature Block: Space for required signatures of board members/authorized signatories