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An Authorised Signatory Board Resolution For Bank Account Signatory is a crucial corporate governance document required under Swiss law when companies need to appoint or modify authorized signatories for their bank accounts. This document is typically needed when setting up new banking relationships, changing existing signatories, updating signing powers, or establishing new bank accounts. It must comply with the Swiss Code of Obligations and banking regulations, requiring formal board approval and proper documentation of the authorization. The resolution specifies who can sign on behalf of the company, any transaction limits, whether signatures must be joint or can be sole, and other relevant banking operational details. This document is essential for Swiss banks to verify the legitimacy of account operators and is often required for registration with the Commercial Registry.
