Account Opening Form

The Account Opening Form is a document that is used to open a corporate account. It is a private and confidential document that requires the completion of various sections. The importance of this document lies in its role as a legal agreement between the company and the bank. It serves as a record of the company's information, including its name, address, and account details. The form also includes sections for providing information about the nature of the entity, the country of incorporation, and the nature of the business.

 

The document begins with a section for the company's name, address, and account number. It also includes a reference number and the date the account was opened. The type of account is specified, and the form must be completed in English block letters. The next section requires the name(s) of the account holder(s) and the trading name of the client if different.

 

The nature of the entity is then specified, with options for private company, public company, legal entity, or overseas company. The country of incorporation/establishment and the registered number are also required. The company/business registration number and the nature of the business must be provided as well.

 

The form includes sections for the registered office in the country of incorporation/establishment, including the telephone number, telex number, fax number, and email address. The main banker's name and account number are also required, with options for savings, current, or fixed account.

 

The form then asks if the ordinary business involves the acquisition, disposal, or holding of shares and debentures. If yes, further details are required. It also asks if the company is a member or participant registered with any stock or commodities exchange or regulated or supervised by any government or regulator agency.

 

The share capital section requires information about the authorized share capital, issued share capital, and the shareholders' names and addresses. The form also asks for the director(s) of the company and the ultimate beneficial owner(s) of the client.

 

Bank and brokerage references are required, including the name, address, type of account, and account number. The form also asks for particulars of any other accounts maintained by the client with account job company.

 

The form includes sections for the annual net profit after tax, total net worth, and ownership of any property/real estate. It also asks about the investment objectives and risk tolerance of the client, as well as their investment experience.

 

The form requires information about the persons authorized to operate the account, including the number of signatures required, their names, ID/passport numbers and issuing countries, contact telephone numbers, and specimen signatures.

 

The form concludes with a note about the attached cash client's agreement, the completion of schedule 'i' if the client is not the ultimate person or entity, and the importance of the information provided in the form. The form must be signed by the client and affixed with the company chop. It also requires the names of two directors for and on behalf of the client company.

 

The information contained in this account opening form is true and accurate. The company is entitled to rely fully on such information and representations for all purposes, unless the company receives notice in writing of any change. The company is authorized at any time to contact anyone, including your banks, brokers, or any credit agency, for the purpose of verifying the information provided on this account opening form.

How to use this document?

1. Fill in the company's name, address, and account number in the designated section.

2. Provide a reference number and the date the account was opened.

3. Specify the type of account being opened.

4. Enter the name(s) of the account holder(s) and the trading name of the client if different.

5. Indicate the nature of the entity, such as private company, public company, legal entity, or overseas company.

6. Provide the country of incorporation/establishment and the registered number.

7. Fill in the company/business registration number and describe the nature of the business.

8. Provide the registered office details, including telephone number, telex number, fax number, and email address.

9. Specify the main banker's name and account number, and choose the account type (savings, current, or fixed).

10. Answer whether the ordinary business involves the acquisition, disposal, or holding of shares and debentures.

11. If yes, provide further details. If not, proceed to the next question.

12. Answer whether the company is a member or participant registered with any stock or commodities exchange or regulated or supervised by any government or regulator agency.

13. Provide details if applicable. If not, select 'no'.

14. Specify the share capital, including the authorized share capital, issued share capital, and the shareholders' names and addresses.

15. Provide the director(s) of the company and the ultimate beneficial owner(s) of the client.

16. Provide bank and brokerage references, including the name, address, type of account, and account number.

17. Provide details of any other accounts maintained by the client with account job company.

18. Fill in the annual net profit after tax and total net worth.

19. Answer whether the client owns any property/real estate and provide details if applicable.

20. Specify the investment objectives and risk tolerance.

21. Provide information about the persons authorized to operate the account, including the number of signatures required, their names, ID/passport numbers and issuing countries, contact telephone numbers, and specimen signatures.

22. Sign the form and affix the company chop.

23. Provide the names of two directors for and on behalf of the client company.

24. Ensure that all information provided is true and accurate.

25. Understand that the company may rely on the information provided and may verify it with banks, brokers, or credit agencies if necessary.