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    Board-Resolution - Opening of BPI Bank Account

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    Ken Asadon
    This board resolution authorizes the opening of a company bank account with Bank of the Philippine Islands (BPI). It designates authorized signatories who can sign documents related to transactions, checks, withdrawals, and more. It also names authorized corporate personnel who can inquire about account balances and check details. Finally, it states this resolution will remain valid unless modified or revoked by a subsequent board resolution received by BPI.

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    © All Rights Reserved
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    Board-Resolution - Opening of BPI Bank Account

    Uploaded by

    Ken Asadon
    3K views2 pages
    This board resolution authorizes the opening of a company bank account with Bank of the Philippine Islands (BPI). It designates authorized signatories who can sign documents related to transactions, checks, withdrawals, and more. It also names authorized corporate personnel who can inquire about account balances and check details. Finally, it states this resolution will remain valid unless modified or revoked by a subsequent board resolution received by BPI.

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    Board-Resolution- Opening of BPI Bank Account

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    This board resolution authorizes the opening of a company bank account with Bank of the Philippine Islands (BPI). It designates authorized signatories who can sign documents related to transactions, checks, withdrawals, and more. It also names authorized corporate personnel who can inquire about account balances and check details. Finally, it states this resolution will remain valid unless modified or revoked by a subsequent board resolution received by BPI.

    Copyright:

    © All Rights Reserved
    Download as RTF, PDF, TXT or read online from Scribd
    Download as rtf, pdf, or txt
    3K views2 pages

    Board-Resolution - Opening of BPI Bank Account

    Uploaded by

    Ken Asadon
    This board resolution authorizes the opening of a company bank account with Bank of the Philippine Islands (BPI). It designates authorized signatories who can sign documents related to transactions, checks, withdrawals, and more. It also names authorized corporate personnel who can inquire about account balances and check details. Finally, it states this resolution will remain valid unless modified or revoked by a subsequent board resolution received by BPI.

    Copyright:

    © All Rights Reserved
    Download as RTF, PDF, TXT or read online from Scribd
    Download as rtf, pdf, or txt
    of 2

    BOARD RESOLUTION 002-2016

    OPENING OF COMPANY BANK ACCOUNT

    OPENING OF COMPANY BPI BANK ACCOUNT

    That at a Special Meeting of the Board of Directors of the Corporation held on


    ________________, at which a meeting a quorum was present and acting throughout, the following
    resolutions were unanimously approved:
    “RESOLVED, that the Corporation be, as it is hereby, authorized to enter into transaction
    and/or avail of products or facilities of, or brokered by, or through the intermediation of, Bank of the
    Philippine Islands, or any of its branches, affiliates, and wholly/partly owned subsidiaries
    (hereinafter individually or collectively referred to as “BPI” for the purpose of these resolutions),
    including but not limited to, deposit accounts (including phone/electronic/internet banking
    facilities), cash management services, and similar transactions as the Corporation may deem
    reasonable, beneficial and in the furtherance of the interest of the Corporation;

    “RESOLVED, that any one of the following officers or directors of the Corporation be, as
    they are hereby, authorized to sign, for and in behalf of the Corporation any documents, papers,
    instruments, checks and withdrawal slips, debit and credit instructions, fund transfer instructions,
    check encashment/endorsement, forms, agreements, or contracts as may be appropriate and/or
    required for the implementation of the foregoing powers/transactions, authorized above;

    Position Name of Incumbent Officers/Directors Signature

    ____________
    ____________

    “RESOLVED, that the Corporate Secretary of the Corporation be authorized, as they are
    hereby authorized, to submit the updated lists of incumbent officers/directors occupying the above
    mentioned positions, from time to time.

    “RESOLVED further that in addition to the cited signatories, any one of the following
    corporate personnel has the authority to inquire on matters pertaining to the corporation’s account,
    e.g. outstanding balances, as well as the authority to confirm the due issuance of the corporation’s
    checks, the correctness of all the entries thereon and/or its regularity (vis-à-vis technical
    validity/deficiencies) of the same and any other related transaction/matters:

    Name Position Signature

    ____________
    ____________
    ____________
    “RESOLVED furthermore that the authorized signatories are hereby given authority to
    submit the updated list of authorized personnel occupying the above mentioned positions whenever
    applicable and necessary.

    “RESOLVED, FINALLY, that this Resolution shall remain valid, subsisting and enforceable
    unless subsequently modified, revoked, rescinded or superseded by a resolution of the Board of
    Directors and a copy of such resolution is actually received by BPI.

    IN WITNESS WHEREOF, we have hereunto set our hands 18th day of August
    2016 at Makati, Metro Manila.

    Chairman Director
    TIN TIN

    Director Director
    TIN TIN

    Director/Corporate Secretary
    TIN

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