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
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