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Power of Attorney (Banking)

This document appoints an attorney to act on behalf of an individual for banking purposes. The attorney is authorized to perform a wide range of activities related to banking transactions including signing checks, paying and receiving money, handling securities, applying for insurance, managing accounts, and generally conducting all business with the bank. The power of attorney remains in effect until written notice of revocation is provided to the bank.

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100% found this document useful (7 votes)
20K views2 pages

Power of Attorney (Banking)

This document appoints an attorney to act on behalf of an individual for banking purposes. The attorney is authorized to perform a wide range of activities related to banking transactions including signing checks, paying and receiving money, handling securities, applying for insurance, managing accounts, and generally conducting all business with the bank. The power of attorney remains in effect until written notice of revocation is provided to the bank.

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Legal Forms
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Banking Power of Attorney

1. I, appoint to be my true and lawful attorney(s) to do on my behalf


anything that I can lawfully do by an attorney in connection with:

(a) making, drawing, signing, accepting, endorsing, transferring and assigning any
cheques, bills of exchange, drafts, promissory notes, deposit receipts, negotiable
instruments and money orders;

(b) paying and receiving all moneys and receipts therefor;

(c) signing, issuing, endorsing and transferring warehouse receipts whether in favor of
myself or otherwise, executing any hypothecation papers or instruments pledging
or giving authority to sell, dispose of, or insure, or other authority over or in
respect of any securities, goods, wares or merchandise;

(d) applying for, assigning or consenting to any contract of fire insurance or any
variation therein;

(e) transacting and managing all business with such bank(s) and the officers and agents
thereof;

(f) drawing and executing all orders and drafts for payment of money on the bank(s),
or any branch or agency thereof, or on any authorized officer or agent; and

(g) settling, balancing and arranging all books and accounts with the bank(s), and
giving and signing any acknowledgments,

(h) and generally to do every other act, matter and thing which the nature of my
business with the bank(s) shall or may require, as amply and effectually, to all
intents and purposes, as I could do or have done in person.
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2. This power of attorney shall remain in full force until due notice in writing of its
revocation shall have been given to the bank or banks relying on it.

IN WITNESS WHEREOF the donor has set his or her hand and seal on .

SIGNED, SEALED AND DELIVERED )


in the presence of: )
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Banking Power of Attorney
1.
I,            appoint                       to be my true and lawful attorney(s) to do on my beh
2.
This power  of attorney shall remain in full force until due notice in writing of its 
revocation shall have been given to

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