Many institutions utilize the signatures on the signature as part of the customer also agreement to the account agreement when they establish a relationship with your institution. Consult with your legal counsel to evaluate the applicable contract laws in your state to determine what is and isn't required for establishing agreements for subsequent accounts opened by the same customer(s).
One Sig Card for All Accounts
Is it required to have a new signature card for each new account under an existing a person's CIF? If not, is there an example of a CIF card just for the signatures?
First published on 12/03/2023