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Corporate Resolution To Open Bank Account
"I need a Corporate Resolution to Open Bank Account for my Qatar-based technology startup to establish multiple currency accounts with Qatar National Bank, with three authorized signatories and digital banking access for our CFO."
1. Company Information: Legal name of company, commercial registration number, and registered address
2. Meeting Details: Date, time, location of the meeting, and statement of proper notice/quorum
3. Attendees: List of board members/shareholders present at the meeting
4. Resolutions: The actual decisions made regarding bank account opening, including the bank name and type of account(s)
5. Authorization of Signatories: Names and details of persons authorized to operate the account
6. Banking Powers: Specific powers granted to authorized persons (e.g., withdraw funds, sign checks, online banking)
7. Certification: Statement certifying the resolution's validity and compliance with company's articles
8. Execution: Signature block for authorized company officer(s) to execute the resolution
1. Specific Banking Services: Detailed section about specific banking services required (used when company needs particular services like trade finance, letters of credit, etc.)
2. Foreign Currency Accounts: Additional provisions for opening accounts in foreign currencies (used when multiple currency accounts are needed)
3. Digital Banking Authorization: Specific provisions for online/digital banking services (used when company requires digital banking access)
4. Subsidiary/Branch Accounts: Additional provisions for opening accounts for subsidiaries or branches (used for companies with multiple entities)
5. Special Instructions: Any special operating instructions or restrictions (used when specific operational controls are required)
1. Schedule A - Authorized Signatories: Detailed list of authorized signatories with their full names, positions, Qatar ID numbers, and specimen signatures
2. Schedule B - Account Operating Instructions: Detailed matrix of signing powers and transaction limits for different types of transactions
3. Schedule C - Required Banking Services: Comprehensive list of banking services required by the company
4. Appendix 1 - Supporting Documents: List of supporting documents to be submitted with the resolution (e.g., commercial registration, articles of association)
Authors
Banking and Financial Services
Corporate Services
Manufacturing
Retail
Technology
Construction
Healthcare
Education
Hospitality
Real Estate
Energy
Transportation
Professional Services
Trading
Import/Export
Legal
Finance
Treasury
Corporate Secretariat
Executive Management
Board of Directors
Compliance
Accounts
Corporate Governance
Operations
Chief Executive Officer
Managing Director
Board Member
Chief Financial Officer
Finance Director
Company Secretary
Corporate Secretary
Treasury Manager
Financial Controller
Legal Counsel
General Manager
Operations Director
Accounts Manager
Finance Manager
Board Chairman
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