Does an attorney-in-fact under a Power of Attorney have more rights on an account than an authorized signer?
Untitled
That's impossible to answer without seeing the power of attorney itself and the authorization language for the "authorized signer." It may be possible that an attorney-in-fact is somewhat more restricted, since the power of attorney creates a duty to act on behalf of the principal. That duty may not be part of the naming of an authorized signer.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.