Simply put, an authorized signatory or signer is a person who’s been given the right to sign documents on behalf of the authorizing organisation. However, the term’s meaning and interpretation seem to vary significantly across different jurisdictions and industries. So, in today’s blog, we’ve put together an overview of some of the most common uses of the term. In banking, personal and business account holders can authorize someone else to manage their account. These people are also usually called authorized signatories. Many banks require account holders to be recognised as authorized signatories, too. In terms of level of authority, authorized signers usually have the same access to the bank account as the account holder. In business banking, however, the rights of authorized signers tend to differ across various jurisdictions and depend on local government’s specific legislations.

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