At 12:49 +0100 12/9/08, Alison Wheeler wrote:
On Thu, September 11, 2008 23:38, jonathan cardy wrote:
And I wouldn't recommend that all directors were co-signatures. If three out of five are cosignatures and at least two have to sign any cheque that should be fine.
WER were obliged to give details for *all* Directors, even though we made it clear that only three would have any power over the account.
Noted:I was not aware of the that!
Alison
ps. sfaiaa other banks in addition to the Co-operative Bank plc were approached; I just don't know which. The Coop happens to have a specific account for community organisations thus were the preferred option.
Well, maybe, but my local history group were also rejected by the Co-op (bad credit for one of the three of us). We ended up at the local credit union. Same signatories, same constitution. We don't have a cheque book, but we do have BACS etc.
Gordo