what is an authorized signer on a bank account?
An authorized signer on a business bank account is someone who is legally allowed to commit or spend monies from that account. Limited liability companies are legally distinct entities from their owners. Therefore, with an LLC, the business bank account owner is the LLC. Two or more people can be authorized to access and use an LLC's bank account on its behalf. An authorized signer is someone recognized by the company as being able to sign documents on its behalf. An LLC can grant this signature authority to one or more people for all financial and legal documents and accounts or can grant it for specific transactions or accounts.