Client-Account-Opening-Guide-23-08-2018-v-01--1-

Account
Opening
Basic documentation
There are certain documents that will always be required when
opening an account with a bank abroad and these are explained
below:
• Account Opening Application Form – as far as possible, we will assist clients
with pre-filling this form on their behalf by our implementation team.
• Evidence of authority of signatories to complete account opening
agreements – this will be in the form of board resolutions, powers of attorney
or extracts from trade registers, depending on the country of incorporation of
the legal entity.
• Specimen Signature Document – this list of authorised signatories on each
account is used for cheques and manual payments in contingency scenarios.
Depending on the domicile of the account and ownership of the company, we
may need to verify the identity of signatories.
Corporate identity
In line with anti-money laundering requirements, additional
documentation may be requested. Examples of such documents include:
• Constitutional documents – Such as certificate of incorporation,
memorandum and articles of association, bylaws, limited liability operating
agreement, certificate of registration, or other similar documents relating to
the constitution of the legal entity.
• Evidence of your registered office and business address
• Information relating to your shareholders and management – In certain
circumstances we will need to identify key beneficial owners, shareholders and
directors or managers with documentary evidence.
The specific requirements will vary according to the domicile of the account and your
ownership structure.
6 Assisting Clients with Cross-Border Account Opening