(To Be Reproduced On Letter Head of the Company or of Company Secretary)
I/We confirm that the following resolution reproduced below was duly passed at the meeting of the Board of Directors held on…………………. (Date)…… ….at……………….. (Address)……………………………… and is duly recorded in the Minute Book of the Company.
Present : 1.
2.
3.
It was resolved that;
(a) A Savings / Current Account and/or any other account or accounts be opened from time to time in the name of the company with Nations Trust Bank PLC
(b) The Bank be and is hereby authorized to honour and comply with all cheques, promissory notes and other orders drawn and all bills accepted on behalf of the company whether the current account be in credit or overdrawn, to comply with all directions given for or in respect of any account or accounts of any kind what so ever on behalf of the company provided that such cheques, promissory notes, orders, bills or directions are signed by any ……………..of the following.
Please give your OPERATING INSTRUCTIONS here
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(c) The bank be and is authorised to place Term Deposit/Call Deposits favouring the company for various amounts and various periods from time to time, communicated to the bank, or the issue of a negotiable instrument or instructions provided such instructions are signed by the persons authorised to sign on behalf of the company mentioned in paragraph (b)above.
(d) All Bills of Exchange and Promissory Notes payable to the company be endorsed on behalf of the company by the persons authorised to sign on behalf of the company in accordance with the provisions in paragraph (b) above.
(e) The bank be and is hereby authorised to honour the signatures placed in accordance with the provisions of paragraph (b) above to all warrants issued in respect of dividend or interest.
(f) Any ……………. be authorized to sign account opening forms, applications and such other documents as may be considered necessary for opening new accounts and/or obtaining banking services including the above and such other services as may be considered necessary.
(g) In the absence of any directions to the contrary communicated to the bank consequent to a duly passed resolution, all accounts subsequently opened shall be operated and dealt with upon the terms set out above in so far as the same may be applicable.
(h) The persons authorised to sign on behalf of the company and mentioned in paragraph (b)above be and they are hereby authorised on behalf of the company to withdraw and deal with any of the company’s securities or property or documents of title thereto which may be deposited with the said bank from time to time, whether by way of security or otherwise.
(i) The Bank be furnished with such documents and information as the bank may require and that the bank be informed of any changes which may occur from time to time in the Directors and other officers of the company.
(j)A copy of this resolution certified by the company secretary and a director be communicated to the bank and remain in force until an amending resolution be passed and a certified copy thereof be communicated to the bank.
……………………..
Company Secretary
…………………….
Director
Date:
