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Bank Account Opening Resolution
A Bank Account opening resolution is a document that is used to formally authorize the Company to open a bank account. Every Company needs to open a bank account to carry out the functioning of the business.
A Board resolution needs to be passed by the Board of Directors stating the Company to open a current bank account addressing to the Bank Branch, in which an account in the name of the business/ company needs to be open by the Board of directors. Such resolution also authorises certain directors or authorised signatory to act on behalf of the Company to complete the bank account opening procedure with the Bank.
ComplianceIndia can help obtain draft format of Bank account opening Resolution quickly and hassle-free.
How to proceed?
We will provide a draft format on request which can be used by the Company to prepare and finalise the Board resolution for Bank account opening. Such Board resolution is to be drafted on Company’s letter head and is signed and authorised by the Board of Directors or authorised signatory of the Company. Such resolutions must include the terms and condition relating to operating authority in the hands of Directors individually or jointly.
Let us provide a draft personalized and customized copy of Bank Account Opening Resolution to you based on your needs.