Cheque Signing and Authority

Purpose

To spell out procedures that must be followed in the signing of cheques on behalf of [enter-your-company-name-here].

Procedures

• All cheques must contain two eligible signatures.
• Eligible signatories are Board members or staff members who have been previously nominated and endorsed by the Board.
• Any two of the above have the authority to sign cheques.
• Signatories cannot sign a cheque made payable to themselves.
• A list of all cheques issued each month will be provided to the Treasurer.