Resolution Letter to Open Bank Account

1 PAGE (71 WORDS) Management Template

A resolution letter to open a bank account is an official letter written by a company to a bank for the purpose of opening a bank account. 

It usually states that the board of directors of said company has resolved and therefore directs that an account be opened with the chosen bank.

It is a simple, straight forward letter that small companies can use anyday. The letter is usually signed by at least two or more directors (depending on the company's bylaws or articles of association/incorporation).