Bank Account
Mandate
For Corporates, Unincorporated
Bodies and Trusts
ABN AMRO
(Guernsey) Limited
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To:
ABN AMRO (Guernsey) Limited (‘the Bank’)
PO Box 253, Martello Court, Admiral Park, St Peter Port, Guernsey GY1 3QJ
Allocated A/C Number
(BANK USE ONLY)
A 1. Authority to Open/Continue Account(s)
2. Revocation of Previous Authorities
To grant overdraft loan or other credit facilities for any of the Customer’s Accounts and by way of security to accept as duly signed or executed by or on behalf of the
Customer any document creating or evidencing any charge, mortgage, pledge or security interest over or in respect of any money, securities, deeds, documents or other
property (including security boxes and their contents) at any time in the Bank’s possession for the Customer’s Accounts whether by way of security or safe custody or
otherwise, provided that the same are signed in accordance with the signing authorities contained herein.
4. Not to Restrict the Bank’s Right to Lien etc.
To act on any execution only instruction with regard to the purchase or sale of or subscription to or other dealings in securities or documents of title or any foreign currency
to accept and act on any application or request for the issue of any letter of credit guarantee indemnity or counter-indemnity and to act on any instruction with regard to
any other transactions of any kind or with regard to any of the Customer’s Accounts in every case whether any of the Customer’s Accounts are in credit or debit or may
become overdrawn in consequence or otherwise but without prejudice to the Bank’s right to refuse to allow any overdraft or increase of overdraft beyond any specified
overdraft limit at any time provided that the same are signed in accordance with the signing authorities contained herein.
3.4To grant overdraft facilities etc.
To honour and comply with any orders to withdraw any or all money on any Account in the Customer’s name and with any instructions to deliver, dispose of or deal with
any securities deeds, documents or other property whatsoever from time to time in the Bank’s possession for the Customer’s Account whether by way of security, safe
custody or otherwise provided that the same are signed in accordance with the signing authorities contained herein.
3.3To act on instructions with regard to securities etc.
To honour and comply with all cheques, drafts and orders to pay expressed to be drawn, signed or made on the Customer’s behalf drawn upon or addressed to or made
payable on the Bank whether the Customer’s Accounts are in credit or in debit or may become overdrawn in consequence or otherwise but without prejudice to the Bank’s
right to refuse to allow any overdraft or increase or credit facilities beyond any specified limit from time to time.
3.2To honour orders to withdraw money etc.
The Customer authorises and requests the Bank as follows:-
3.1 To honour cheques etc.
The Customer revokes all previous authorities given to the Bank but such revocation shall not affect any valid instruments of instruction payments, withdrawals,
applications, requests or contracts dated earlier than the date below. The Customer undertakes to notify the Bank of any changes to its signing authorities affecting the
operation of this Mandate by means of communicating to the Bank a properly certified instrument evidencing such a change.
3. Authorisation and Requests
The Customer requests and authorises the Bank to open/continue an Account or Accounts in the Customer’s name and at any time subsequently to open such further
Account(s) in the Customer’s name as the Account Holder may direct in accordance with the signing authorities contained herein.
The Customer agrees that nothing in this Mandate shall be treated as constituting an implied agreement restricting or negating any lien, charge, right of set-off or other
right the Bank may currently have expressly or implied by law.
5. Authorisation and Request to Apply to Every Account
In the absence of contrary written instructions signed by the Customer, this Mandate shall apply to all Accounts whether now or subsequently opened by the Bank in the
Customer’s name.
The Customer acknowledges that it must inform the Bank if it changes either its registered office or makes any changes to its constitution.
6. The Schedules to this Mandate
The Customer acknowledges and agrees that this Mandate and all of the Schedules form a single agreement between the parties and that the Customer’s signing of this
Mandate shall bind the Customer to the terms and conditions of each Schedule as if the Customer had separately executed the same. In the event of any inconsistency
between a Schedule and this Mandate, the Schedule shall prevail. Further, the Customer confirms as follows:
6.1 General Terms and Conditions
The Customer has read and accepts, and will retain, the General Terms and Conditions in Schedule 1 which, as amended or replaced at any time, shall apply to the
arrangements between the Customer and the Bank.
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6.2Security Interest Agreement
6.3Safe Custody Agreement
The Customer has read and accepts, and will retain, the Safe Custody Agreement in Schedule 3 which, as amended or replaced at any time, shall apply to all safe custody
arrangements between the Customer and the Bank at any time.
6.4 E-Services Agreement
The Customer has read and accepts, and will retain, and hereby agrees to create security interests in the Bank’s favour in accordance with the terms and conditions set
out in the Security Interest Agreement in Schedule 2 and the Customer acknowledges that the Customer’s signing of this Mandate shall constitute a security interest
agreement for the purposes of the Security Interests (Guernsey) Law, 1993 as amended.
The Customer has read and accepts, and will retain, the E-Services Agreement set out In Schedule 4 which, as amended or replaced at any time, shall apply to all
E-Services provided by the Bank to me/us.
7. Supporting Documentation
For the purposes of FATCA all entities (Trust, Corporate or Unincorporated Bodies) must provide either an IRS valid GIIN Number or completed Form(s) W-8 (W-8Ben-E,
W-8IMY, W-8Ben) as appropriate to the type of entity involved.
7.1 For Trusts
The following items are required from the Customer. The Customer encloses the following:
(a) A resolution of the Trustee to open the Account
(b) A certified extract of the Trust deed detailing the formation date, the Trustees, Settlor(s), Beneficiary(ies) and Protector (if any) and confirming the powers to establish
bank accounts
(c) For Personal Trustees - certified copies of a valid passport and current utility bill for each individual Trustee together with a completed Personal Details form and Authority
to Obtain Reference forms
(d) (i) For Corporate Trustees regulated in an Appendix C country as per the GFSC listing - we require certified copies of the following:
• current Fiduciary Licence,
• an extract of Register of Directors and Register of Shareholders
• certified copy of valid passport, current utility bill, completed Personal Details forms and Authority to obtain Reference forms for at least two Directors
• certified copy of valid passport and current utility bill on all Beneficial Owners above 10%
• certified copy of valid passports on all authorised signatories
(d) (ii) For Corporate Trustees not regulated in an Appendix C country - we require, in addition to the documents detailed in (d) (i) above, a certified copy of the Certificate of
Incorporation and the Memorandum and Articles of Association
(e) Certified copy of valid passport, current utility bill and completed ‘Client Questionnaire’ document for settlor
(f) Certified copy of valid passport and current utility bill for Beneficiary(ies) and Protector (if any)
7.2 For Corporate and Unincorporated Bodies
The Customer encloses the following:
(a) A resolution of the board of directors (or equivalent body) of the Customer to open the Account
(b) A certified copy of the Customer’s certificate of registration/incorporation (or equivalent document), together with (where appropriate) a certificate that the Customer is
entitled to commence business
(c) A copy of the Memorandum and Articles of Association or equivalent document establishing the Customer’s constitution, certified as being complete and up to date
(d) A certified copy of the Register of Directors
(e) A completed Personal Details form for all of the directors/officers/partners/secretary who will have authority to sign on behalf of the Customer, under this Mandate
(directors/officers are preferred)
(f) A certified copy of the Register of Shareholders together with certified copy of valid passport, current utility bill and completed ‘Client Questionnaire’ document on any
owner and shareholder holding in excess of [10%] in the case of a corporate body and a list of members in respect of an unincorporated body
8. Definitions and Interpretation
Words and phrases used in this Mandate shall, unless the context otherwise requires, have the meanings given to them in the General Terms and Conditions and the rules
of interpretation specified in that document shall also apply to this Mandate.
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B.Trusts
Name of Customer (‘the Trustee’)
as trustee of (‘the Trust’)
Type of Trust e.g. Life Interest/Discretionary
Currency/ies required
C. Corporate, Unincorporated Bodies
Name of entity (‘the Customer’)
State whether limited company, partnership or other
unincorporated body, e.g. association, club or society
Currency/ies required
D. Details of Customer
For Trusts – Trustee’s address/registered office (corporate trustees)
For Corporate, Unincorporated Bodies – Address of registered office (or, where not applicable, principal place of business)
Address for correspondence
(if different from above)
Postcode
Country of incorporation/establishment
Email Address
Telephone
Facsimile
Financial Year End
Book Currency for Accounting Purposes
GIIN Number (for the purposes of FATCA)
E. For Corporate, Unincorporated Bodies
Director’s/officer’s statement in respect of the nature of business to be conducted
NB where the applicant is a collective investment fund, please give details of the scheme and attach a copy of the prospectus, offering memorandum, scheme of arrangement,
report and accounts.
F. Reason for establishing an Account and a brief description of proposed activity (both incoming and outgoing on the Account)
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G. Additional Information
For Trusts – Name(s) and address(es) of the settlor and beneficiary(ies) and protector (if any)
For Corporate, Unincorporated Bodies – For unlisted companies/partnerships/unincorporated bodies, name(s) and address(es) of the beneficial owner(s) and shareholders
Name
Address
Postcode
Name
Address
Postcode
Name
Address
Postcode
Name
Address
Postcode
Please attach a continuation sheet if required
H. Additional Methods of Instruction
The Bank will not act on any of these methods of instruction unless the Customer has initialled the relevant box. The Customer is reminded that additional indemnity provisions
will apply in the General Terms and Conditions. The Bank reserves the right to ask for any further terms or indemnities and in the absence of these being provided, the Bank shall
not be obliged to comply with any instructions.
Email
(tick here)
This does not apply to accounts where two customers must sign.
Scanned Signature via email
(tick here)
Facsimile
(tick here)
Telephone
(tick here)
E-Services
The Bank also offers various Internet banking services.
Please indicate by ticking the box whether you would like to discuss this service with your Client Liaison Officer.
I. Statements and Valuations
Please indicate the frequency with which you would like your statements and valuations produced.
Bank Statements
Quarterly
or
Annually
or
Monthly
Bank Valuation
Quarterly
or
Annually
or
Monthly
(tick here)
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J. Authorised Signatories
The section below must be completed or alternatively the entity may attach a list of the current authorised signatories.
Full Name (BLOCK CAPITALS)
Official Position
Specimen Signature
Full Name (BLOCK CAPITALS)
Official Position
Specimen Signature
Full Name (BLOCK CAPITALS)
Official Position
Specimen Signature
Full Name (BLOCK CAPITALS)
Official Position
Specimen Signature
Full Name (BLOCK CAPITALS)
Official Position
Specimen Signature
Note: The names of at least 2 signatories should be given.
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K. Specific Signing Authority
Please instruct the specific signing authority (e.g. any two of the above or as otherwise required).
Please make clear what signing authority the individuals above are to have and designate A or B signatures if required, making it clear what levels of signing authority
each individual has and what combinations are needed.
L. Execution of the Mandate
Signed for and on behalf of the Customer
Full Name (BLOCK CAPITALS)
Signature
Date
DD/MM/YYYY
Capacity in which acting
Full Name (BLOCK CAPITALS)
Signature
Date
Capacity in which acting
DD/MM/YYYY
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M.Attachments – Corporate and Unincorporated Bodies
Supporting documentation required in respect of corporate and unincorporated bodies
Resolution and certification to be given by the directors/secretary of the Customer in the following form (with any necessary changes agreed by the Bank)
FOR COMPLETION BY CUSTOMER:
(Name of entity)
(the “Customer”)
On the
20
day of
IT WAS RESOLVED:
(i) to appoint ABN AMRO (Guernsey) Limited (“AAGL”) as bankers to the Company and to open/continue an account pursuant to the terms of the Mandate attached hereto.
(ii) that the signatories to the account be the Authorised Signatories as listed in the section entitled Authorised Signatories.
(iii) that the Authorised Signatories have full and unrestricted authority to operate the account on behalf of the Customer in accordance with the terms of the Mandate.
(iv) to undertake to inform AAGL any change in the ownership or control of the (company/trust/body) and any changes to the (directors/trustees).
(v)that
and
be authorised to execute the attached Mandate and to deliver the same to the Bank on behalf of the Customer.
The undersigned, duly appointed in the capacity shown below, HEREBY CERTIFY that:
(vi) the foregoing resolutions were passed at a duly convened and validly constituted meeting of the [board of directors/equivalent body] on the date above shown and remain in
full force and effect at the date hereof.
(vii)the Company is [duly incorporated and] validly existing under the laws of the jurisdiction in which it was [incorporated/established].
(viii)the Company has power to execute, deliver and perform its obligations under the terms of the Mandate and all necessary corporate, shareholder and other action has been
taken to authorise the same and the Mandate, as executed, constitutes a valid and legally binding obligation on the Company, enforceable in accordance with its terms.
Full Name (BLOCK CAPITALS)
Signature
Date
DD/MM/YYYY
Capacity in which acting
Full Name (BLOCK CAPITALS)
Signature
Date
Capacity in which acting
DD/MM/YYYY
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N. Attachments – Trusts
Supporting documentation required in respect of Trusts
Resolution and certification to be given by the Trustee in the following form
FOR COMPLETION BY TRUSTEE(S):
(Name of Trust)
(the “Trust”)
On the
20
day of
IT WAS RESOLVED:
(i) to appoint ABN AMRO (Guernsey) Limited as bankers to the Trust and to open/continue an account pursuant to the terms of the Mandate attached hereto.
(ii) that the signatories to the account be the Authorised Signatories as listed in the section entitled Authorised Signatories.
(iii) that the Authorised Signatories have full and unrestricted authority to operate the account on behalf of the Trust in accordance with the terms of the Mandate.
(iv)that
and
be authorised to execute the attached Mandate and to deliver the same to the Bank on behalf of the Trust.
The undersigned, duly appointed in the capacity shown below, HEREBY CERTIFY that:
(v) the foregoing resolutions were passed at a duly convened and validly constituted meeting of the Trustee(s) of the Trust on the date above shown and remain in full force and
effect at the date hereof.
(vi) the Trustee(s) is/are duly and validly appointed under the laws of the Trust instrument, are all of the Trustees of the Trust and the Trust is properly established under the laws
of the jurisdiction in which it was established.
(vii)the Trustee(s) as trustee(s) of the Trust have power to execute, deliver and perform its obligations under the terms of the Mandate and all necessary actions have been taken
to authorise the same and the Mandate, as executed, constitutes a valid and legally binding obligation on the Trustees, enforceable in accordance with its terms.
Full Name (BLOCK CAPITALS)
Signature
Date
DD/MM/YYYY
(Trustee)
Full Name (BLOCK CAPITALS)
Signature
Date
(Trustee)
DD/MM/YYYY
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O. (1) Personal Details Form
Trusts (For use by Individual Trustees and Directors of Corporate Trustees)
Name of Corporate Trustee (if appropriate)
Full name of Individual Trustee/Director
Permanent address of Individual Trustee/Director
Postcode
Telephone
Corporate, Unincorporated Bodies (For use by Directors/Officers/Partners/Secretary who are Individuals)
Name of Customer
Full name of Individual
Permanent address of Individual
Postcode
Email Address
Telephone
Facsimile
Address for correspondence (if different from above)
Postcode
Telephone
Domicile
Occupation/employer
Address
Postcode
Nationality (If more than one passport held list all
nationalities, where a Green Card is held please
answer “U.S.”, as well as state nationality).
N.B. If individual is a renounced U.S. citizen,
please provide supporting information.
Place of Birth
Date of Birth
DD/MM/YYYY
Passport number/National ID number
(please provide a certified copy of Passport/National ID card together with an original or certified copy of a current utility bill
or similar, not older than 3 months, confirming the address given above)
Signature
Date
DD/MM/YYYY
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O. (2) Personal Details Form
Trusts (For use by Individual Trustees and Directors of Corporate Trustees)
Name of Corporate Trustee (if appropriate)
Full name of Individual Trustee/Director
Permanent address of Individual Trustee/Director
Postcode
Telephone
Corporate, Unincorporated Bodies (For use by Directors/Officers/Partners/Secretary who are Individuals)
Name of Customer
Full name of individual
Permanent address of individual
Postcode
Email Address
Telephone
Facsimile
Address for correspondence (if different from above)
Postcode
Telephone
Domicile
Occupation/employer
Address
Postcode
Nationality (If more than one passport held list all
nationalities, where a Green Card is held please
answer “U.S.”, as well as state nationality).
N.B. If individual is a renounced U.S. citizen,
please provide supporting information.
Place of Birth
Date of Birth
DD/MM/YYYY
Passport number/National ID number
(please provide a certified copy of Passport/National ID card together with an original or certified copy of a current utility bill
or similar, not older than 3 months, confirming the address given above)
Signature
Date
DD/MM/YYYY
ABN AMRO (Guernsey) Limited
(Registration Number: 13263)
ABN G BAM CUBT 0614
PO Box 253
Martello Court
Admiral Park
St Peter Port
Guernsey GY1 3QJ
Tel +44 (0)1 481 751 000
Fax +44 (0)1 481 751 001
[email protected]
www.abnamroprivatebanking.gg