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Can someone else operate the account on behalf of the BO on the basis of a power of attorney?

April 26, 2017account basis behalf Bo operate power of attorney

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Can someone else operate the account on behalf of the BO on the basis of a power of attorney?

1 Answer

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10 Posted

Yes. If the BO authorises any person to operate the account by executing a power of attorney and submit it to the DP, that person can operate the account on behalf of the BO.