Example Board Resolution
If you are a Private Limited Company (including a Single Member Company - also called an SMC-private limited) or Public Limited Company, we require a board resolution in the format below. We know this takes time, so we have tried to make this as simple for you as possible through this guide. We explain how you can create a Board Resolution and send this to us.
Instructions
- Copy and paste the below document in to a text editor (like Microsoft Word, or Google Docs). We have provided the footnotes to this document for explanation purposes only - please remove these from the document you prepare!
- Please put your logo or branding on the document
- Fill details such as date, company name, authorized signatory name and director names
- Have the document signed by the directors of the company
- Send a scanned copy of this to support@getsafepay.com
Here is a link to the below Board Resolution you can copy, paste, fill out and get signed: Example Board Resolution If you are a single member company then use this resolution: Example-SMC-Resolution.pdf
Private and public limited companies
Single member companies
Notes to templates
| Number | What you need to do |
| 1 | A letterhead normally has your company's full legal name and logo |
| 2 | Enter the full legal name of your company - example: Safepay (Private) Limited |
| 3 | We expect to see a recently passed Board Resolution |
| 4 | Understand how you will use the Safepay Services for your business and what rate has been agreed between us for this |
| 5 | Insert the name of your business (what your customers normally refer to you as) if this is different from the full legal name of your company. For example Safepay's legal name is Safepay (Private) Limited but customers refer to it as Safepay. |
| 6 | Insert the link to the website that you are linking to the Safepay Services (where you expect your customers to shop with you from) |
| 7 | Make sure the KYC documentation you have provided us is valid and up-to-date |
| 8 | Understand that we use financial partners to provide the Safepay Services |
| 9 | We need this to ensure that the directors of the company know which account is being credited by Safepay |
| 10 | We need this to ensure that the directors of the company know which account is being credited by Safepay |
| 11 | We need this to ensure that the directors of the company know which account is being credited by Safepay. Your bank will be able to provide you this |
| 12 | We need to know the directors of the Company has authorized who we deal with to discuss information in relation to the Safepay Services |