03/28/2021
Are we allowed to use ChexSystems when a POA is used?
06/07/2020
Does a POA need to be added to the signature card or just have the POA in the customer file?
05/27/2019
I am seeking your advice regarding an account we are preparing to open for a legal entity which is represented by an individual given power of attorney.
The potential customer is a business registered with the Secretary of State, making them a legal entity who has given power of authority to a person that is not affiliated to the business. This person has come to open a business account in the company's name. The directors are from India and according to their Articles of Incorporation show the business located locally. Our question is, can an individual who is given power of attorney on behalf of a legal entity open an account for the business?
05/19/2019
Can a POA add beneficiaries on an account?
01/06/2019
Can you have POA for a person whose account is in a trust?
09/09/2018
My friend who's currently incarcerated sent me to pick up her final paycheck from the Goodwill. After receiving the check, she sent me a letter
giving me full permission to deposit and cash the check and spend the money as I see fit. With her behind bars, I can't have her sign the check over to
me. She told me to do it myself over the phone but I was just wondering if the letter she sent me would be sufficient for me to legally cash it.
07/15/2018
If a person selected her Durable POA which currently is included on all accounts as a Beneficiary, would it be okay to accept the POA and allow that person to be listed as POA and Beneficiary?
04/15/2018
If a wife has POA for her husband can she add herself as authorized signer and add herself as the pay-on-death beneficiary?
04/03/2016
Our customer has appointed her daughter as her attorney-in-fact. Can the daughter set up Internet banking on her mom's account? The daughter/AIF is not listed as a joint owner of the account, and was appointed AIF after the account was open.
02/09/2015
Does a POA have the authority to change the address on the customers account?