In which cases do we request a Power of Attorney?

Tijana N.
Tijana N.
  • Updated

A Power of Attorney is a crucial document that confirms the authority of an individual listed on a TransferGo business account to make transfers and act on behalf of the business. If your TransferGo business account is managed by someone other than a director (e.g., a sales/accountant/finance/marketing consultant), we require a Power of Attorney.

However, if your business account is managed directly by a director or by a sole representative (in the case of being registered as a sole trader), a Power of Attorney is not necessary.