Should we require the signature of the party being removed from a Business account on our Account maint. form indicating that change?

Several Internal staff have different views either way. Majority feel that the customer being removed should sign bank documentation.

I have always been under the impression that if you have a Partnership and one of the partners are being removed, then yes their signature or written authorization should be obtained, but not for all commercial accounts.

Any insight will be greatly appreciated.

Thank you,

Your customer is the corporation, partnership, or LLC that owns the account. That customer may add or remove signatories as it sees fit by its own resolution.

It's much like the process your bank's board of directors uses to authorize signatories on official checks...if someone leaves your bank's employ no one is going to ask them to agree to the termination of their ability to sign official checks.