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Get the free New Account Signing Authority form - Westpac

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New account signing authority One form per account. Please initial all alterations To: Westpac Government Business PO Box 691 WELLINGTON A: Account name Date Tick if schedule attached Account Number
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New account signing authority refers to the legal authorization given to someone to open and manage a new financial account on behalf of an individual or organization.
The individual or organization who is delegated the responsibility of opening and managing a new financial account is required to file the new account signing authority.
To fill out new account signing authority, you need to provide the required information about the authorized individual or organization, their responsibility and scope of authority, and any necessary supporting documentation. The specific process may vary depending on the financial institution or governing regulations.
The purpose of new account signing authority is to ensure that authorized individuals or organizations have the legal ability to open and manage new financial accounts on behalf of others. It helps establish accountability and control over the management of financial assets.
The information that must be reported on new account signing authority includes the name and contact details of the authorized individual or organization, their designated responsibilities and authority, and any relevant supporting documentation that proves their eligibility and authorization.
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