Re:Bucketsquatting is (finally) dead
by gamblor956 on Friday March 13, 2026 @03:12PM
(#47368397)
Banks have established processes for changing signatories on business bank accounts, including in situations where a past signatory is no longer with the business.
In a nutshell: if a past signatory was a regular employee, it just takes any other signatory to remove them. If there was no other signatory, or if the past signatory was an officer, it takes a current officer (as set forth in the company's AOI or corporate minutes). Usually only the latter 2 situations of the 3 above require an in-person visit to the local branch office, and that only requires a few minutes.
In a nutshell: if a past signatory was a regular employee, it just takes any other signatory to remove them. If there was no other signatory, or if the past signatory was an officer, it takes a current officer (as set forth in the company's AOI or corporate minutes). Usually only the latter 2 situations of the 3 above require an in-person visit to the local branch office, and that only requires a few minutes.