Get Know Your Customer Anti-money Laundering Amp Countering

Completing the Know Your Customer Anti-Money Laundering Amp Countering form is essential for financial institutions to comply with regulatory requirements. This guide will provide you with clear, step-by-step instructions to facilitate the online completion of the form.

Follow the steps to successfully complete the form online.

1. Press the ‘Get Form’ button to access the form and open it for editing.
2. Begin with Section I – General Administrative Information. Fill in the legal name of your institution, legal form, and SWIFT BIC. Provide the principal place of business address, place of incorporation, and details about the licensing authority along with the date and number.
3. Indicate the purpose of correspondent banking and answer whether your institution maintains a physical presence in the licensing country. Select ‘Yes’ or ‘No’ accordingly.
4. If your institution is an agency, branch, or subsidiary of a bank with a physical presence, provide the name of the affiliate or parent company, and specify its public trading status, affiliations, and licensing country.
5. For ownership information, list the names of owners who hold twenty percent or more of the securities, alongside the nature of their ownership. If applicable, provide a breakdown for any juridical entities by attaching additional sheets.
6. Continue with Section III – Ownership and Management Information. List principal officers and directors of the institution, their positions, and years of service.
7. Confirm whether any politically exposed persons are involved in your institution’s ownership structure or management by selecting ‘Yes’ or ‘No’.
8. Proceed to the Know Your Customer / Anti-Money Laundering Controls section and answer each compliance question with ‘Yes’ or ‘No,’ providing comments for any negative responses as needed.
9. Finish by signing the form, including the name of the person completing it, their position, and the date. Ensure that the address of the institution is clearly stated.
10. Once all fields are correctly filled, you can save changes, download the completed document, print a copy, or share it with relevant parties.

Complete your documents online today to ensure compliance and streamline your processes.