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Get the free Corporate Card Company Resolution Form - HSBC Commercial ...

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PLEASE FILL IN CLEARLY. *Indicates a mandatory field. Form of mandate for adoption by a Society/Club/Association To: The Hong Kong and Shanghai Banking Corporation Limited, Singapore Branch (the Bank)
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How to fill out corporate card company resolution

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How to fill out corporate card company resolution

01
To fill out a corporate card company resolution, follow these steps:
02
Start with the company's name and address, followed by the date of the resolution.
03
State the purpose of the resolution, such as authorizing the use of corporate cards for business expenses.
04
List the names and titles of the individuals who will be issued corporate cards, along with any specific limitations or spending thresholds.
05
Include any additional details or conditions, such as the requirement to provide receipts for all expenses or the need for regular expense reports.
06
Conclude the resolution by stating that it is adopted and approved by the company's board of directors or other relevant authority.
07
Sign and date the resolution, and have it witnessed or notarized as required by your jurisdiction.
08
Note: It is recommended to consult with an attorney or legal expert when preparing a corporate card company resolution to ensure compliance with applicable laws and regulations.

Who needs corporate card company resolution?

01
Companies that wish to establish a formal process for issuing corporate cards to their employees typically require a corporate card company resolution. This resolution helps authorize the use of corporate cards, outlines the individuals eligible to receive them, and establishes any spending limits or conditions. It provides guidelines for managing business expenses and ensures accountability within the organization. Corporate card company resolutions are commonly used by corporations, limited liability companies (LLCs), and other types of companies.
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A corporate card company resolution is a formal document that authorizes employees to use company credit cards for business expenses.
The authorized officer or board of directors of the company is required to file the corporate card company resolution.
The corporate card company resolution can be filled out by including the name of the company, the names of authorized employees for card use, and the limits and restrictions on card usage.
The purpose of the corporate card company resolution is to establish guidelines for the use of company credit cards and to ensure accountability and transparency in financial transactions.
The corporate card company resolution must include the names of authorized card users, limits on card usage, reporting requirements, and approval processes for card transactions.
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