A certificate of incumbency is an official document issued by a corporation that lists the names of the directors, officers, and key shareholders in the organization. It legally confirms the identities of a company’s officers and is usually used when a company wants to have a major transaction through a bank or to open a bank account.
It contains relevant details such as names, position, and terms of office of the company’s officials listed. A certificate of incumbency is issued by the corporate secretary, often bearing the corporate seal and may be notarized when required for international transactions.