Company bank accounts must be handled carefully, consistently, and securely. This Bank Account Access Policy provides information relating to all aspects of managing company bank accounts, including:
- Opening Bank Accounts
- Bank Account Authorizations
- Bank Account Transactions
- Variations to Bank Account Terms and Conditions
- Closing Bank Accounts
The procedure can easily be customized by replacing the tokens in brackets with the appropriate officers, names and numbers. You can further edit this procedure to include any other banking procedures that are relevant to your company.
The “Bank Account Access Policy” is recommended to be included within the Finance section of your Company Manual.
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