Get Beneficial Ownership Form

Filling out the Beneficial Ownership Form online is essential for legal entities seeking to open accounts or apply for credit. This guide provides step-by-step instructions to help users complete the form with accuracy and confidence.

Follow the steps to successfully complete the Beneficial Ownership Form online.

1. Click ‘Get Form’ button to obtain the Beneficial Ownership Form and open it in your preferred online editor.
2. Begin with the Customer Information section. Enter the legal entity name and the official address (no PO box). Be sure to provide accurate details as this information is critical for the account opening process.
3. In the Business Formation Type section, select the type that applies to your legal entity customer. Options include corporation, general partnership, limited liability partnership, limited liability company, limited partnership, trust, or state/municipal organization.
4. If applicable, indicate any Exemption Information by checking the appropriate box. If no exemption applies, proceed to the Individual Information section.
5. In the Individual Information section, identify the beneficial owner(s) who own 25% or more interest in the customer. Enter their respective ownership percentages, legal names, social security numbers or tax IDs, dates of birth, and address information.
6. Complete the Politically Exposed Person status for each beneficial owner, if applicable. Include identification information such as ID type, issuing state or country, and ID number.
7. Continue to the Control Person section. Provide details about the individual with significant management responsibility within the entity, including their legal name, occupation, and residency status.
8. Fill out the Certification from Natural Authorized Person section. The natural authorized person should certify that the information provided is accurate. Include their full legal name, title, address, and signature.
9. If needed, use Attachment A to provide details for any additional beneficial owners with 10% or more ownership.
10. Review the form thoroughly for accuracy. Once completed, you can save changes, download, print, or share the form as necessary.

Start filling out your Beneficial Ownership Form online today to ensure a smooth account application process.