Bank Account Signing Authority Company Letter must be printed on Company LetterHead and Stamped and signed by all Directors of the Company.
This letter can be used for Private Limited Company, Partnership, & Sole Prioperitorship with the little amendments in the company section and replace Directors with Partners/Entrepreneur.
Bank Signing Authority Company Letter
CERTIFIED TRUE COPY OF THE RESOLUTION PASSED BY THE BOARD OF DIRECTORS OF (COMPANY NAME) (PVT.) LTD. IN THE MEETING HELD ON (DATE).
QUOTE “RESOLVED That a Banking PKR Currency account in the name of “COMPANY NAME PVT. LTD.’’ to be opened with the (BANK NAME) Bank Limited (BRANCH NAME) branch (the Bank) at their (CITY NAME) office.
AND THAT The Bank is hereby empowered to honor cheques, bills of exchange, and promissory notes, drawn, signed, accepted, or made on behalf of the Company Singly and or Any One of the authorized signatories namely (DIRECTOR 1), (DIRECTOR 2) and to act on any instructions given by the persons so authorized with regard to any accounts whether in credit or overdrawn or any transactions of the Company.
THAT the Bank be furnished with:
- Form A & Form 29.
- CNIC Copies of Signatories
- NTN Certificate
Resolved that the bank should Add the following names from the signatory list for maintaining this account:
| Name of Directors and person authorized | CNIC | Designation | Signature |
| DIRECTOR 1 | XXXXX-XXXXXXX-X | C.O.O | |
| DIRECTOR 2 | XXXXX-XXXXXXX-X | Director |
THAT the Company gives the Bank a list of the names of the Directors, Secretary, and other officers of the Company and advises the Bank in writing of any changes that may take place and the Bank shall be entitled to act upon the information so given.
FURTHER Resolved that these resolutions be communicated to the Bank and shall constitute the Company’s Mandate to the Bank to remain in force until revoked by notice in writing to the Bank signed by the Chief Executive or any Director acting or purporting to act on behalf of the Company and for this purpose, any instruction varying or purporting to vary the Mandate contained in these Resolutions shall be deemed a revocation.” UNQUOTE
______________________ ___________________ DIRECTOR 1 NAME DIRECTOR 2 NAME
CNIC: XXXXX-XXXXXXX-X CNIC: XXXXX-XXXXXXX-X
COMPANY SECRETARY NAME
Company Secretary
