Mandate Partnership. 1. Partnership details. Partnership name in full. The partnership of. 2. Application to accounts
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1 Mandate Partnership Please use this mandate to appoint partners and other individuals as authorised signatories to deal with the Bank. Each individual will have important responsibilities and must be chosen carefully. All partners must sign section 5. Please complete this mandate in BLOCK CAPITALS and in black ink. Please mark option boxes with an x. The individual signing the Certificate in section 6 must initial all corrections. 1. Partnership details Partnership name in full The partnership of Please insert the trading name of the Customer or the names of all the partners if there is no trading name 2. Application to accounts Please insert details in either section 2.1 or 2.2 below as appropriate. EITHER: 2.1 This mandate applies to all existing and future accounts of the Partnership Account number OR: Sort code 2.2 This mandate only applies to the accounts of the Partnership detailed below: Account numbers Sort code Account numbers Sort code Page 1 of 5 Total number of accounts Please specify the main operating account New customers If unknown please leave boxes blank New customers If unknown please leave boxes blank If there are more than 12 accounts, please detail on a separate sheet and attach to this mandate Please insert total number of accounts detailed in this section 2.2 and on any separate sheet
2 3. Authority The partners of the Partnership, all of whom have signed this mandate as authorised signatories, agree that a banking relationship will be maintained with National Westminster Bank Plc (the Bank) in accordance with this mandate and that: the individuals identified as authorised signatories may, in accordance with the signing rules: o sign cheques and give instructions for Standing Orders, Direct Debits, electronic payments, banker s drafts and other payments on the accounts even if it causes an account to be overdrawn or exceed any limit o sign, accept or endorse bills of exchange o request and give counter indemnities for the issue of letters of credit or Guarantees (including bonds, indemnities and undertakings) Authorised signatories identified in the signing rules may, in accordance with the signing rules: o sign facility agreements for overdrafts or the issue of letters of credit or Guarantees o sign agreements for electronic products, including payment systems, and appoint or remove administrators and operators of those electronic products. The Partnership authorises the administrators and operators to exercise the powers detailed in the terms of each electronic product. These powers may be extensive and include the power to make payments and access information on behalf of the Partnership, and in the case of administrators, the power to appoint and remove other administrators (with the same powers) and operators any authorised signatory may give other instructions or requests for information to the Bank in relation to the accounts; opening accounts with the same signing rules and authorised signatories; closing accounts; or other banking services or products each partner (and for a Scottish partnership, the legal person that is the partnership from time to time) is jointly and severally liable for the Partnership s obligations to the Bank the Bank may accept instructions that do not have an original written signature provided the Bank is satisfied that the instruction is genuine and subject to any other agreement the Bank may require for those instructions this mandate will continue, even if a partner ceases to be a partner or a new partner joins the partnership or there is a change in the constitution or name of the partnership, until withdrawn in writing by any partner, or the Partnership gives a replacement mandate the Partnership will immediately notify the Bank in writing if any individual ceases to be a partner Page 2 of 5
3 4. Signing rules for the accounts specified in section 2 The Bank may act on the instructions, on behalf of the Partnership, of: One authorised signatory OR If unlimited is selected, do not add a value in the box below Two authorised signatories for amounts up to and including OR for amounts up to and including If unlimited is selected, do not add a value in the box below If unlimited is not selected, an additional signing rule must be added below to specify who may give instructions Only complete the box below if additional or different signing rules are required. Signing rules can use the designation given to an authorised signatory in section 5. This designation could be their official position (e.g. partner) or by signing group (e.g. A, B, C). Example 1 Any three authorised signatories if the amount exceeds xxxxx Example 2 Any two authorised signatories, one of whom must be a partner if the amount exceeds xxxxx Example 3 any one authorised signatory for amounts up to and including xxxxx one authorised signatory from group A and one authorised signatory from group B see section 5 Do not identify individuals here by name as these details are collected in section 5. Page 3 of 5
4 5. Authorised signatories for the accounts specified in section 2 All partners and any other intended authorised signatories must sign this section. If more than 3 authorised signatories are required, please photocopy this page, complete and attach to this mandate. Please cross through any unused boxes in this section and on any additional sheets. If designations are specified in section 4, please also include the designation in the Official Position and/or signing group fields below (e.g. partner and A). Your Information - Giving your consent By signing below you agree that the Bank may: obtain information about you from credit reference agencies to verify your identity. obtain information about you from fraud prevention agencies. pass your details to fraud prevention agencies, if false or inaccurate information is provided and fraud is suspected. share your information with Government agencies and third parties in order we can verify your status and comply with our regulatory obligations Page 4 of 5 National Westminster Bank Plc, Registered in England & Wales No Registered Office: 135 Bishopsgate, London EC2M 3UR
5 6. Certificate I certify that: In respect of this mandate and any additional authorised signatories page: all the signatures are genuine; the information given is correct; and I have initialled all corrections. To verify any information on this mandate the Bank may call me on: The Bank may assume that the person who confirms their identity, and correctly answers the Bank s security questions is me. Please insert a contact telephone number Signature of a partner Print first name Print surname Official position Date (DD/MM/YYYY) Page 5 of 5 National Westminster Bank Plc, Registered in England & Wales No Registered Office: 135 Bishopsgate, London EC2M 3UR
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