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SAMPLE OF BOD RESOLUTION (Application for Auto Sweeping Facility) Please ensure the resolution is signed and stamp with Certified True Copy from the Company Secretary. Must be signed by at least two

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What is application for auto sweeping?

The application for auto sweeping is a form used to request automatic clearing of funds from one account to another.

Who is required to file application for auto sweeping?

Any individual or entity who wishes to set up automatic sweeping of funds between accounts is required to file the application for auto sweeping.

How to fill out application for auto sweeping?

To fill out the application for auto sweeping, you will need to provide information about the accounts involved, the frequency of the sweeps, and any specific instructions for the transfers.

What is the purpose of application for auto sweeping?

The purpose of the application for auto sweeping is to automate the transfer of funds between accounts, ensuring that balances are optimized and funds are utilized efficiently.

What information must be reported on application for auto sweeping?

The information required on the application for auto sweeping includes details about the accounts involved, the frequency and timing of the sweeps, and any specific instructions for the transfers.

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