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Special Durable Power of Attorney for Bank Account Matters Arkansas Form

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Special Durable Power of Attorney for Bank Account Matters Arkansas Form

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welcome to county office your ultimate guide to local government services and public records let's get started how to use power of attorney Bank a power of attorney POA allows one person to act on behalf of another it can be used for various Financial transactions including those at a bank first ensure the POA document is legally valid the document must be signed by the principal the person granting Authority it should also be notorized and may need to be witnessed depending on your jurisdiction once the POA is prepared contact the bank inform them you have a POA and need to manage the principal's accounts the bank will require a copy of the POA document the bank may also request identification for both the principal and the agent be prepared to provide this information the bank will review the POA to ensure it meets their requirements each bank has its own policies some may have specific forms that need to be completed after the review the bank will typically Grant the

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