Complete a board resolution
If you can’t collect all the signatures you need to approve changes to your business accounts, you will need to complete a board resolution.
What is a board resolution?
A board resolution is a written record of an important decision made by directors in a board meeting.
When do I need to send a board resolution to the bank?
You’ll need to send us a copy of a board resolution if your signatories are not able to approve changes to your business accounts. For example, if a signatory has left the business and there are now not enough signatories left on the account to sign in accordance with your mandate.
To complete a board resolution, use one of the templates on this page.
Board resolution templates
How do I send my completed board resolution?
You’ll need to complete both of the following documents – the names of the people being added or removed need to be the same on both documents:
- Instruction to vary your authority 14080 (PDF, 275 KB)
- Board resolution to add new people onto your mandate using templates above
Attach both the documents to an email sending to: CommercialClientServicingSME@Lloydsbanking.com
Post
If you have a dedicated Relationship Manager, send to:
Bank of Scotland
Commercial Banking
2 Bankhead Crossway North
Edinburgh
EH11 4DT.
If you don’t have a dedicated Relationship Manager, send to:
Bank of Scotland
Business Banking
The Green Building
Kirkstall Road
LEEDS
LS78 1LB.