How should an attorney-in-fact sign and endorse checks on the principal's account? Should he/she sign with just a signature or signature followed by /POA?
Usually, an attorney-in-fact is added to a bank's records as an authorized signer on the principal's account. It should not matter to the bank whether or not the attorney-in-fact adds a reference to the power of attorney to the signature on a check, but you should ask the bank if it has a preference.
On the other hand, the payee of the check might wonder why the attorney-in-fact is signing a check on the principal's account if the payee isn't aware of the existence of the power of attorney. For that reason, we think that adding "attorney-in-fact" or "under POA" under the signature or "/POA" after the signature might help explain the relationship.
Published on BankingQuestions.com 5/18/07
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Usually, an attorney-in-fact is added to a bank's records as an authorized signer on the principal's account. It should not matter to the bank whether or not the attorney-in-fact adds a reference to the power of attorney to the signature on a check, but you should ask the bank if it has a preference.