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Resolution To Add Signatory To Bank Account
"I need a Resolution To Add Signatory To Bank Account for our Singapore subsidiary that adds our new CFO as a Category A signatory with unlimited transaction authority, effective March 1, 2025, for our DBS corporate account."
1. Title and Date: Company name, registration number, and date of resolution
2. Preamble: States the meeting details, quorum present, and chairperson
3. Resolutions: Specific resolutions regarding the addition of new signatory
4. Bank Account Details: Relevant bank account numbers and banking institution details
5. New Signatory Details: Full name, identification details, and position of new signatory
6. Authorization Powers: Specific powers granted to the new signatory
7. Certification: Declaration of resolution's validity by company secretary or director
1. Existing Signatories List: List of current signatories (include when updating full signatory list)
2. Signing Limits: Specific transaction limits for the new signatory
3. Joint Signing Requirements: Requirements for joint signatures on transactions
1. Specimen Signature: New signatory's specimen signature
2. Identification Documents: Copies of new signatory's identification documents
3. Board Meeting Minutes: Minutes of the meeting where resolution was passed (if required by bank)
Authors
Board of Directors
Resolution
Bank
Bank Account
Authorized Signatory
Specimen Signature
Signing Authority
Transaction Limits
Joint Signing Requirements
Banking Mandate
Corporate Secretary
Directors' Resolution
Effective Date
Identification Documents
Authorized Powers
Signing Instructions
Banking Facilities
Corporate Seal
Certificate of Incumbency
Bank Account Details
Signatory Appointment
Signing Powers
Transaction Limits
Joint Signature Requirements
Specimen Signatures
Identity Verification
Board Authorization
Banking Instructions
Document Execution
Certification
Previous Mandates
Effective Date
Bank Acknowledgment
Corporate Authority
Operating Instructions
Signatory Removal
Communication Methods
Record Filing
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