Private Arrangement Intermediary (PAI)

FATCA

A contractual arrangement between a Ql and a PAI that is an RDCFFI or certified deemed-compliant FFI under which the PAI generally agrees to perform all of the obligations of the Ql with respect to the accounts maintained directly by the PAI. For the requirements of a PAI contract, see the renewed 2013 Model Ql Agreement available at www.irs.gov/fatca

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