This document is an account opening form given by a company / individual to open an account with a financial institution such as brokerage, investment fund, insurance and etc for investment / trading purposes. It authorises the financial institution to open up a corporate account in which all the purchases, sales, holdings and other dealings in securities effect from time to time. 

The document provides details of the individual or joint account, the reference and account number, the full name of the client and their relevant personal and business details. Additionally, it provides the bankers' details and their assessment of the investment objectives and risk tolerance and the names of the person/s authorised to operate the account. 

 

How to use this Document?

This document should be carefully read by the Financial Institution and Client.

Both parties should sign and return a copy, and once signed, both parties should get a copy. To avoid any future disputes, both parties may wish to have their signatures witnessed.

If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.