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When to use a banking resolution

  • Checkmark To open and operate a company bank account
  • Checkmark To prove authority to financial institutions
  • Checkmark To appoint or change bank signatories for your company
  • Checkmark To authorize other financial decisions on behalf of a company

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Create your banking resolution in 3 steps

Complete Obligations


Gather Information

As you complete your banking resolution you will need to provide certain relevant information, including the name of the financial institution and the names of those authorized to transact on the account.

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Complete the Questionnaire

Our questionnaire will help you customize your document for your company, providing step-by-step instructions. You may notice that the questions presented to you change depending on how you answer them.

Complete Obligations


Review and Adopt

Review your completed resolution in its entirety to ensure that it meets your needs and is free of errors. While you do not need to sign the banking resolution, it must be formally adopted during a board meeting by the secretary or other authorized corporate officer.

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    Help Guide

    Table of contents

    Use a banking resolution to formally authorize opening a company bank account. Below are some helpful explanations of the key considerations when creating this document.

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