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What is the bank authorization and signature card?

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What is the bank authorization and signature card?

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Alex87

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The bank signature card is the application to open the account in the business name. It shows the authorized signatures of the person/people who own and control the bank account. This proves who actually controls the company on a day-to-day basis. If your bank will not give you a copy of that application form with signatures, ask them to write a letter of confirmation on their bank letterhead, stating who is the owner and signatory on the business account.

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