Power of Attorney (POA)

  • Updated

If someone other than your company's legal representative needs to open or manage your company's account, they need a power of attorney (POA).

Two types of people can open and operate your company's account:

  • Your company's legal representative, as specified in your official registration documents.
  • An individual authorized through a POA.

Even with a POA in place, your company remains the account holder. The person with POA acts as an account member, with permission to manage the account on the company's behalf.

Power of Attorney documents

Provide an official, signed POA document. If you don't have a POA document, download and fill out the forms provided by Swan:

How to fill out the Power of Attorney document

When filling out the POA document, the following information is required:

  1. Legal representative and company details: provide their full name, date of birth, place of birth, the company name, and registration number.
  2. Declarative statement: add a statement allowing the chosen person to open and operate your payment account on your behalf.
  3. Designated individual's details: specify their full name, date of birth, place of birth, and their title or position within the company.
  4. Enclosed documents: mention that the company's legal representative's identity document is enclosed.
  5. Date and location: indicate the place, city, and country where the POA was signed, and the date of signing.
  6. Signature: make sure that the POA is signed by the company's legal representative.

Only written signatures are accepted. We don't accept digitally signed documents.

Power of Attorney

Tips for POA submissions

  • Matching information: ensure the details in the POA align with the company's information, including the name and registration number.
  • Employee connection: the designated account member should have a legitimate connection to the company, such as being an employee.
  • Separate files: upload the POA and the legal representative's identity document as separate PDF files.
  • Quality copies: provide a clear, full-color scan of the legal representative's ID document.

By following these guidelines, you can ensure a quick, smooth opening of your payment account. If you have further questions, submit a request to Swan Support.