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Power of Attorney (for use in Ontario) - HSBC - hsbc 2025

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The document is a Power of Attorney for Property form provided by HSBC Bank Canada, specifically designed for use in Ontario. It allows the Grantor to appoint one or more Attorneys to manage their property and financial affairs, including transactions with the bank. The document outlines the powers granted to the Attorneys, conditions for exercising these powers, and includes provisions for safety deposit box access and acknowledgment of tax liabilities. It also addresses the continuing power of attorney during mental incapacity and requires signatures from witnesses and the Grantor.

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2015	4.8 Satisfied (218 Votes)
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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Does power of attorney apply to bank accounts?

So long as the Power of Attorney is validly executed, financial institutions are required by law to accept the Power of Attorney.

What is a power of attorney for a bank account in Canada?

A power of attorney is a legal document that you sign to give one person, or more than one person, the authority to manage your money and property on your behalf. In most of Canada, the person you appoint is called an attorney. That person does not need to be a lawyer.