Board Resolution Template for Opening Bank Account

UNANIMOUS WRITTEN CONSENT OF THE BOARD OF DIRECTORS

OF [COMPANY NAME]

DOCUMENT CONTROL

• Effective Date: [Date]
• Document Version: 1.0
• Jurisdiction/Scope: [State/Country of Incorporation] / Corporate Governance & Banking Operations

---

OFFICIAL NOTICE & LEGAL DISCLAIMER

This document is a standardized corporate template designed for operational and legal compliance. It does not constitute formal legal, tax, or regulatory advice. Corporate governance requirements vary significantly by jurisdiction and corporate charter. Legal Counsel and the Board of Directors of [Company Name] must review this instrument prior to execution to ensure absolute compliance with applicable local laws, corporate bylaws, and articles of incorporation.

---

PARTIES & DEFINITIONS

• Corporation: [Company Name], a [State/Jurisdiction] [Corporation / LLC / Entity Type], having its principal place of business at [Company Principal Address] (hereinafter referred to as the "Company").
• Board: The duly elected or appointed Board of Directors (or Managing Members/Managers) of the Company (hereinafter referred to as the "Board").
• Financial Institution: [Name of Bank / Financial Institution], including any of its subsidiaries, affiliates, and branches (hereinafter referred to as the "Bank").
• Authorized Person(s): The corporate officer(s), director(s), or designated agent(s) explicitly authorized herein to execute banking transactions on behalf of the Company.

---

OPERATIVE CLAUSES & TERMS

1. Establishment of Depository Account(s) WHEREAS, the Board deems it to be in the best commercial interest of the Company to establish one or more commercial bank accounts with the Bank for the deposit of corporate funds, execution of financial transactions, and general treasury management;

NOW, THEREFORE, BE IT RESOLVED, that the President, Chief Executive Officer, Chief Financial Officer, Treasurer, or any other designated officer of the Company is hereby authorized and directed to establish and maintain one or more demand deposit, savings, investment, or other commercial accounts with the Bank in the name of the Company.

2. Designation of Authorized Signatories and Agents BE IT FURTHER RESOLVED, that the following individual(s), holding the corporate title(s) set forth opposite their respective name(s), is/are hereby designated, authorized, and empowered, acting individually or collectively as specified herein, to sign, execute, deliver, and perform any and all checks, drafts, notes, acceptances, bills of exchange, electronic fund transfers (ACH/Wire), and orders for the payment of money drawn against or belonging to the funds of the Company:

• Name: [Full Legal Name of Signatory 1] | Title: [Corporate Title] | Signature: ___________________________
• Name: [Full Legal Name of Signatory 2] | Title: [Corporate Title] | Signature: ___________________________

3. Scope of Operational Authority BE IT FURTHER RESOLVED, that the Authorized Persons are hereby authorized, on behalf of and in the name of the Company, to:

• Deposit funds, checks, notes, or other negotiable instruments payable to the Company into the accounts maintained with the Bank.
• Endorse checks and orders for the payment of money for deposit or collection.
• Execute and deliver agreements relating to treasury management, cash management, merchant services, corporate credit cards, and online/mobile banking portals.
• Borrow money, secure lines of credit, and pledge corporate assets as collateral, provided that such borrowing does not exceed [$ Maximum Amount or "None"] without subsequent specific Board authorization.

4. Reliance by the Bank BE IT FURTHER RESOLVED, that the Bank is authorized and directed to honor, receive, and pay any instruments, drafts, or electronic transactions signed, accepted, or endorsed by the designated Authorized Persons, without inquiry as to the circumstances of issue or the disposition of the proceeds thereof, even if drawn to the individual order of any Authorized Person signing them.

5. Certification of Corporate Officers and Incumbency BE IT FURTHER RESOLVED, that the Secretary or Assistant Secretary of the Company is hereby authorized, empowered, and directed to certify to the Bank:

• A true copy of these Resolutions and the Articles of Incorporation / Bylaws of the Company.
• The specimen signatures of the Authorized Persons designated herein.
• From time to time, any subsequent changes, modifications, or revocations regarding these resolutions or the status of Authorized Persons, and that the Bank may conclusively rely upon such certificates until formally notified in writing of any change.

6. Indemnification and Continuation BE IT FURTHER RESOLVED, that these resolutions shall remain in full force and effect until written notice of their revocation, amendment, or modification has been delivered to an authorized officer of the Bank. The Company hereby agrees to indemnify and hold harmless the Bank from any claims, losses, or liabilities arising out of or relating to the Bank's reliance upon these resolutions, including any unauthorized acts of designated Authorized Persons prior to the Bank's receipt of written revocation.

---

EXECUTION & SIGNATURES BLOCK

IN WITNESS WHEREOF, the undersigned, constituting the entirety of the Board of Directors (or required quorum thereof) of [Company Name], have executed this Unanimous Written Consent as of the Effective Date set forth above.

Directors / Managing Members:

---

Signature: [Director/Manager 1 Signature]
Printed Name: [Full Legal Name]
Title: [Director / Manager / Corporate Secretary]
Date: [Date]

---

Signature: [Director/Manager 2 Signature]
Printed Name: [Full Legal Name]
Title: [Director / Manager]
Date: [Date]

---

Corporate Secretary Certification (Attestation):

I, the undersigned, being the duly elected, qualified, and acting [Secretary / Assistant Secretary] of [Company Name], do hereby certify that the foregoing is a true, correct, and complete copy of the resolutions duly adopted by the Board of Directors of the Company in accordance with its Articles of Incorporation and Bylaws on [Date], and that said resolutions have not been modified, amended, or rescinded, and are currently in full force and effect.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the Company as of this [Day] day of [Month], [Year].

---

Signature: [Secretary Signature]
Printed Name: [Full Legal Name of Secretary]
Title: Corporate Secretary
Company Seal (if applicable): [Affix Seal Here]

---

STEP-BY-STEP EXECUTION GUIDE

1. Review & Customization: Populate all bracketed fields ([...]) with accurate corporate, banking, and personal data. Ensure that the designated signatories match the internal corporate bylaws and operating agreements.
2. Board Approval / Execution: Secure the required signatures from the members of the Board of Directors or Managers. Depending on state law and corporate bylaws, this can be executed via unanimous written consent or voted upon during a formal meeting of the Board.
3. Corporate Secretary Attestation: The Corporate Secretary must sign the Attestation section to certify the authenticity of the document for external institutional review.
4. Bank Submission: Provide the fully executed document, along with required KYC (Know Your Customer) documentation, Articles of Incorporation, Good Standing certificates, and government-issued identification of all Authorized Persons, directly to the designated commercial representative at [Name of Bank / Financial Institution].
5. Corporate Records Maintenance: File the original executed resolution and bank compliance packet securely in the permanent Corporate Records Book / Minute Book under the "Banking & Finance" category.