Board Resolution Format for Account Opening

One of the many important decisions the board of directors of a corporation takes involves financial matters such as opening and operating bank accounts. 

After a company is registered, a bank account is usually required to be set up for the day to day operations. A board resolution is usually required by banks, other financial institutions before an account can be opened for the company. 

This is a board resolution format authorizing the opening of bank accounts for an organisation/corporation. 

This board resolution format for account opening indicates decisions passed by the board of directors regarding the opening, operation of the account including signatories etc.