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1. Company Details: Legal name of the company, registration number, and registered address
2. Resolution Date and Meeting Details: Date of the resolution and details of the meeting where the resolution was passed
3. Authority Confirmation: Confirmation of the board's authority to pass the resolution and reference to relevant company constitution clauses
4. Bank Account Authorization: Authorization to establish and maintain banking relationships with specified banks
5. Authorized Signatories: Designation of authorized persons who may operate bank accounts and their signing powers
6. Banking Powers: Specific powers granted regarding account operation, including deposits, withdrawals, loans, and other banking transactions
7. Signing Requirements: Specification of signing arrangements (e.g., single, joint, or threshold-based signing requirements)
8. Resolution Certification: Certification by company secretary or director that the resolution was properly passed
9. Execution: Formal execution of the resolution by authorized officers
1. Electronic Banking Services: Authorization for online and electronic banking services - include when company requires digital banking access
2. Foreign Exchange Transactions: Powers related to foreign currency accounts and forex transactions - include for companies engaging in international business
3. Credit Facilities: Authorization for obtaining various forms of credit - include when company requires borrowing powers
4. Trade Finance: Powers related to trade finance instruments like letters of credit - include for companies involved in international trade
5. Investment Powers: Authorization for investment accounts and securities trading - include for companies requiring investment services
6. Subsidiary Accounts: Powers related to managing accounts of subsidiaries - include for holding companies with subsidiaries
1. Schedule A - Authorized Signatories List: Detailed list of authorized signatories with specimen signatures and signing limits
2. Schedule B - Specific Banking Powers: Detailed breakdown of authorized banking activities and associated limits
3. Schedule C - Bank Account Details: List of existing and authorized bank accounts covered by the resolution
4. Appendix 1 - Supporting Documents: List of required KYC documents and corporate documentation to be provided to the bank
5. Appendix 2 - Specimen Signatures: Official specimen signatures of all authorized signatories
6. Appendix 3 - Company Extract: Extract from company registration documents confirming authority to pass resolution
Banking Services
Board of Directors
Company
Company Secretary
Corporate Accounts
Digital Banking Services
Electronic Instructions
Financial Year
Financial Instruments
Group Companies
Mandate
Resolution
Signing Authority
Signing Limits
Specimen Signature
Subsidiary
Transaction Authority
User Credentials
Bank
Banking Facilities
Business Day
Electronic Banking Platform
Payment Instruments
Securities
Trade Finance Instruments
Working Capital Facilities
Written Instructions
Banking Powers
Account Operation
Signing Requirements
Electronic Banking
Credit Facilities
Foreign Exchange
Trade Finance
Investment Authority
Specimen Signatures
Certification
Amendment
Execution
Communication Methods
Security Measures
Account Access
Transaction Limits
Reporting Requirements
Compliance
Ratification
Duration
Notice Requirements
Document Verification
Bank Instructions
Authorized Personnel
Financial Services
Manufacturing
Retail
Mining
Technology
Healthcare
Construction
Agriculture
Telecommunications
Real Estate
Energy
Transport and Logistics
Professional Services
Tourism and Hospitality
Education
Finance
Legal
Treasury
Corporate Secretariat
Executive Management
Board of Directors
Risk Management
Compliance
Corporate Governance
Accounts
Chief Executive Officer
Chief Financial Officer
Financial Director
Company Secretary
Treasury Manager
Finance Manager
Managing Director
Board Director
Financial Controller
Accounts Manager
Corporate Governance Officer
Risk Manager
Legal Counsel
Board Chairman
Executive Director
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