05.07 – Unambiguous US Place of Birth

Where the indicia found is an unambiguous US place of birth then the account needs to be reported unless the Financial Institution obtains or currently maintains a record of all of the following:

  • a self certification showing that the account holder is neither a US citizen nor a US resident for tax purposes,
  • evidence of the account holder’s citizenship or nationality in a country other than the US (for example passport or other government issued identification); and
  • a copy of the account holder’s Certificate of Loss of Nationality of the United States or a reasonable explanation of the reason the account holder does not have such a certificate or the reason the account holder did not obtain US citizenship at birth.