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Board Resolution For Change Of Signatories In Bank Account Template for Indonesia

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Key Requirements PROMPT example:

Board Resolution For Change Of Signatories In Bank Account

"I need a Board Resolution For Change Of Signatories In Bank Account to add our new CFO as primary signatory and remove two retiring directors from all our Indonesian corporate accounts, with implementation by March 2025."

Document background
A Board Resolution For Change Of Signatories In Bank Account is a crucial corporate document required when a company needs to modify the authorized individuals who can operate its bank accounts in Indonesia. This document becomes necessary during various corporate events such as leadership changes, employee departures, organizational restructuring, or modifications to signing authorities. The resolution must adhere to Indonesian regulatory requirements, particularly Law No. 40 of 2007 on Limited Liability Companies and relevant OJK banking regulations. It typically includes details of the board meeting, specific changes to signing authorities, new signatory information, and authentication by appropriate corporate officers. This document serves as the primary evidence for banks to implement changes to account operating authorities and is essential for maintaining proper corporate governance and banking relationships.
Suggested Sections

1. Title and Company Details: Full legal name of the company, company registration number, and registered address

2. Meeting Details: Date, time, location of the board meeting, and confirmation of quorum

3. Attendance: List of board members present and absent, including chairperson of the meeting

4. Existing Banking Arrangements: Current bank account details including account numbers and existing authorized signatories

5. Resolution Statements: Formal statements of the board's decisions regarding the change of signatories

6. New Signatory Details: Complete information about new signatories including names, positions, and identification details

7. Signing Authorities and Limits: Specific powers granted to signatories and any applicable transaction limits

8. Authentication: Signatures of the chairman and company secretary/director confirming the resolution

Optional Sections

1. Removal of Existing Signatories: Specific section about removal of existing signatories - include when there are outgoing signatories to be explicitly removed

2. Digital Banking Access: Section specifying online banking access rights - include when the company uses digital banking services

3. Special Instructions: Any special operating instructions or conditions - include when there are specific operational requirements

4. Foreign Currency Operations: Special provisions for foreign currency accounts - include for companies dealing with multiple currencies

5. Branch Specifications: Specific branch authorizations - include when the company operates with multiple branches of the bank

Suggested Schedules

1. Appendix A - Signatory Information Forms: Detailed personal and professional information of new signatories including specimen signatures

2. Appendix B - Identification Documents: Copies of required identification documents for new signatories

3. Appendix C - Bank Account Details: Complete list of affected bank accounts and their details

4. Appendix D - Authorization Matrix: Detailed matrix showing signing powers, combinations, and transaction limits

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























Clauses




















Relevant Industries

Banking and Financial Services

Manufacturing

Retail

Technology

Healthcare

Education

Construction

Mining

Agriculture

Transportation

Hospitality

Professional Services

Energy

Telecommunications

Import/Export

Real Estate

Relevant Teams

Legal

Finance

Corporate Secretariat

Treasury

Compliance

Corporate Governance

Banking Operations

Executive Leadership

Risk Management

Administrative

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Finance Director

Managing Director

Company Secretary

Board Director

Financial Controller

Treasury Manager

Legal Counsel

Compliance Officer

Corporate Secretary

Finance Manager

Account Manager

Operations Director

Branch Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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