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Updated about 8 years ago, 12/05/2016

User Stats

58
Posts
7
Votes
Tom MacDonald
  • Melbourne, VIC
7
Votes |
58
Posts

Granting Power of Attorney for Establishment of Business Account

Tom MacDonald
  • Melbourne, VIC
Posted

Hi BP,

I have formed an LLC with my partner and now we want to establish a business account at our local credit union. Ideally we would both come into the bank together and open this account, however I live overseas and flying to Texas is not feasible at the moment.

Can anyone comment on the steps necessary to grant my partner power of attorney so that he can open this account up for us? We have prepared our operating agreement, EIN, and LLC formation documents. Will we need anything else?

We are going to have a conference call with the bank manager this coming week and I want to have the answers to any questions that might come up.

Thanks everyone!
Tom

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