Yes. But the attorney-in-fact would still be restricted under the power of attorney to transactions made on behalf of the account owner and grantor of the power of attorney. If the AIF requests a card, a bank might consider contacting the principal (the account owner) to inform them the AIF has made the request.
Last edited by John Burnett; 06/15/21 05:51 PM. Reason: additional info
A banker might also be tempted to review activity in the account looking for signs the AIF may be trying to use the account as if it were their own, joint with the principal. Signs might include deposits of checks payable to the AIF as an individual or direct deposits naming them. That should prompt an alert to the actual account owner, informing them that you can't allow the AIF to conduct their own personal business through the account as long as it's not jointly owned.
John S. Burnett
Fighting for Compliance since 1976
Bankers' Threads User #8