BOARD RESOLUTION OF [YOUR COMPANY NAME]
REGARDING BANKING ACCOUNT
DULY PASSED ON [DATE]
The undersigned, being all the directors of [YOUR COMPANY NAME], hereby sign the following amended
resolutions:
RESOLVED THAT:
1.
THAT [BANK] (hereinafter called the “Bank”) be and is hereby appointed the Banker of the Company
2.
THAT [OFFICERS/DIRECTORS NAMES] be and are/is hereby authorized on behalf of the Company to
draw, sign, accept, endorse, or make checks, bills of exchange, warrants issued in payment of
dividends or interest, and other orders for the payment of money (whether the account is
overdrawn by the payment thereof in credit), and to withdraw any or all securities or other property
in the hands of the Bank including any box or boxes, sealed envelopes or packets, and their
contents, and to arrange for credit facilities for the Company (including letters of credit and forward
exchange contracts), and to sign in favor of the Bank guarantees of the obligations of third parties,
and in connection with any such credit facilities or guarantees to give security to the Bank on all or
any of the property, real or personal, present or future of the Company.
3.
THAT [OFFICERS/DIRECTORS NAMES] or any one of them be and is hereby authorized to endorse by
rubber stamp or otherwise and to deposit, discount or otherwise deal with checks, bills of exchange,
promissory notes and any other paper negotiable or non-negotiable and other orders for the
payment of money (but only for the benefit of the Company) and to receive all paid checks and
vouchers and sign and deliver to the Bank the Bank’s form of settlement of balance and releases.
4.
THAT the Bank be and is hereby authorized to honor the signature of any other official of the
Company in the place of the Secretary in certification of documents from the Company, on notice
signed by a Director and the Secretary or by two Directors being given to the Bank of his authority to
sign.
5.
THAT the Bank be furnished with a list of the names of the Directors and Officers of the Company,
and other persons authorized to sign for it, together with specimens of their signatures, and that the
Bank be notified in writing of any change of such Directors, Officers or persons. All of such lists when
filed with the Bank shall be binding on the Company until notice to the contrary shall have been
given to the Manager of the Branch of the Bank at which the account of the Company is kept, and
receipt of such notice duly acknowledged in writing.
6.
THAT this resolution be communicated to the Bank and remain in force until written notice to the
contrary shall have been given to the Manager of the Branch of the Bank at which the account of the
Company is kept, and receipt of such notice duly acknowledged in writing.
©
C
o
p
y
r
i
g
h
t
E
n
v
i
s
i
o
n
S
B
S
.
2
0
0
7
.
A
l
l
r
i
g
h
t
s
r
e
s
e
r
v
e
d
.