| a. | An original copy of the ID of natural or juristic customer.
|
| b. | Account opening agreement form which is prepared according to the requirements hereof. The agreement should include, as a minimum, the following:
|
| - | Customer's personal data: Name, nationality, ID number, validity date of ID, national address, occupation, and contact details.
|
| - | Financial information: Source of income (primary/additional), the expected size of financial movement on the account (deposits/withdrawals), and the purpose of opening the account.
|
| - | Terms and conditions of the agreement between the two parties (i.e. the bank and the account holder), along with customer signature thereon placed in the designated space.
|
| - | A specimen signature (personal signature, thumbprint, or personal stamp) which the customer will use for his/her transactions with the bank.
|
| - | Details and identity document of the guardian or representative and the like, and their signatures.
|
| - | A declaration by the customer of the following:
|
| | ■ | That he/she is not legally prohibited to be dealt with, that all information and data he/she has given is true and reliable, and that he/she has understood the terms, conditions and other provisions of the account opening agreement.
|
| | ■ | That he/she would be liable before the competent authorities for the funds deposited in his/her account by him/her personally or deposited by others with or without his/her knowledge, whether or not he/she used such funds, and when he/she failed to formally report to the bank the existence of such funds. That the funds deposited are from legal sources, that he/she is liable for their being free from any forgery or counterfeiting, and that if the bank receives from him/her (the customer) any illegal or counterfeit notes, he/she will not be refunded or compensated.
|
| | ■ | That he/she commits himself/herself to updating his/her personal data when requested by the bank or from time to time (as specified by the bank), provided that the interval shall not exceed 5 years. The customer also undertakes to provide a renewed ID before the expiration of its existing validity, and he/she acknowledges that if he/she fails to do so, the bank will freeze his/her account.
|
| | ■ | That the bank reserves the right to freeze the account or an amount of money credited to the account if the bank suspects that the bank account is being used illegally or that the amounts deposited are from financial fraud.
|
| | ■ | That he/she is the real beneficiary. The bank should verify such information.
|
| - | The bank must ensure that the account opening agreement (for juristic persons) contains, at a minimum, the following information:
|
| | ■ | Information on members of the board of directors.
|
| | ■ | Information on managers of the juristic person as per its status.
|
| | ■ | Information on authorized signatories, and their specimen signatures.
|
| | ■ | Verification of the ownership structure to identify the actual beneficiary, in addition to the structure of control and ownership.
|
