04.11 – Self Certification for Pre-existing Individual Accounts

If US indicia are found suggesting that the account holder is potentially a US citizen or US resident for tax purposes, then the Financial Institution must treat the account as a Reportable Account.

However, if the Financial Institution obtains a self certification from the account holder confirming their non-US status and obtains or has previously reviewed and recorded details of any other documents required under the applicable procedures, then the account would not be treated as reportable.