Can I give a bank power of attorney to someone else? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Can I give a bank power of attorney to someone else?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

Yes, if the bank accepts the power of attorney and its terms cover the transaction.

Don't assume that a general statement allows everything; ask the bank about the wording and required documents before issuing the power of attorney.

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