Client Declaration to Financial Institution

The document titled 'Client Declaration to Financial Institution' is an important document that serves as a declaration by the client to a financial institution. It contains various sections that provide detailed information and declarations related to the client's account, job, address, risk disclosure, and staff declaration.

 

The entire document begins with a title that clearly states its purpose, which is to declare certain information to a financial institution. The content of the document starts with the client's account and job details, followed by their address in a single line format.

 

The next section of the document is the 'Client Declaration on Risk Disclosure.' In this section, the client acknowledges that they have received the risk disclosure statement in a language of their own choice. They were also invited to read the risk disclosure statement, ask questions, and seek independent advice if needed.

 

Depending on whether the client is an individual or a company, the document includes different sections for the client's signature. If the client is an individual, they are required to sign the document, providing their name and the date. If the client is a company, the document requires the company chop and the signatures of two directors on behalf of the company.

 

The last section of the document is the 'Declaration by Staff.' In this section, a licensed/registered person declares that they have provided the client with a copy of the risk disclosure statement in the client's chosen language. They also confirm that the client was invited to read the risk disclosure statement, ask questions, and seek independent advice if desired. The staff member then signs the document, providing their name and the date.

 

Overall, this document is crucial for establishing a client's declaration to a financial institution, ensuring that the client has received and acknowledged the risk disclosure statement, and providing necessary information for record-keeping purposes.

How to use this document?

To effectively use the 'Client Declaration to Financial Institution' document, follow these steps:

1. Provide account and job information: Fill in the relevant details of the client's account and job, ensuring accuracy and completeness.

2. Specify address: Enter the client's address in a single line format, making sure to include all necessary information.

3. Acknowledge risk disclosure: If the client is an individual, they should sign the document, providing their name and the date. If the client is a company, affix the company chop and have two directors sign on behalf of the company.

4. Staff declaration: A licensed/registered person should sign the document, declaring that they have provided the client with a copy of the risk disclosure statement in the client's chosen language. They should also provide their name and the date.

By following these steps, you can ensure that the 'Client Declaration to Financial Institution' document is properly completed and serves its intended purpose in declaring important information to the financial institution.