Re-KYC diligence & operationalizing 'In-operative' NRI account

Re-KYC diligence & operationalizing ‘In-operative’ NRI account

(In case of joint account, each joint account holder has to fill and submit it separately)

In connection with RBI’s guidelines on “Know Your Customer” (KYC) norms, I hereby submit the following details

for re-KYC of my aforesaid account.

Status: NRI Person of Indian Origin (PIO) / Overseas Citizen of India (OCI)

Maiden Name (if any): ___________________________________________________________________________________

Father Name: _____________________________________________________________________<First-Middle-Surname>

Mother Maiden Name: __________________________________________________________________________________

Guardian Name (For minor only): __________<Mr./Ms./Mrs./Other>___________________________________________

__________________________________________________________________________________<First-Middle-Surname>

Place of Birth: _________________________________ Country of Birth: ________________________________________

Nationality: ___________________________________

Marital Status: Married Unmarried Others ___________________________________________________

Spouse Name (Required if Marital Status is married): _____________________________________<First-Middle-Surname>

PAN No: _________________________________ (Not required for NRE / FCNR (B) Account but advisable for NRO Account)

Aadhaar No: ___________________________________________ (Optional)

PIO / OCI Card No: _____________________________________ (Required if you are holding PIO/OCI card)

Address Type: Residential or Business Residential Business Registered Office Unspecified

City / Town / District: ____________________ State:_____________ Country___________________ PIN_____________

Please tick (√) if Permanent & Current Address are same (In such case, no separate proof of permanent address is required)

Address Type: Residential or Business Residential Business Registered Office Unspecified

City / Town / District: ______________________ State:_____________ Country___________________ PIN___________

Please tick where you would like to receive all correspondences - Current Address Permanent Address

FOR BRANCH USE: Branch Name/ Code: ____________

Receipt Date: ___/___/_____ Action Taken on: ___/___/_____ Signature

Branch Name/Code: Account No:

Account Holder’s Name:

NRI-18.5

Personal Details:

Tel Number (Off)

Tel Number (Res)

Email Address

Current Address (Overseas only)

Permanent Address (Overseas/Indian)

Mobile Number

Abovementioned account is ‘In-operative’, for operationalization of the same please debit & credit ` 1/- from it.

Identification Details (Please mention the document being submitted as per Identification Documents table

given on page number 4)

A. Proof of Status: __________________________________________________________________________

B. Proof of Identity: _________________________________________________________________________

C. Proof of Tax Residency: ___________________________________________________________________

D. Current Address document (Overseas only): __________________________________________________

E. Proof of Permanent Address (Overseas / Indian): ______________________________________________

F. Additional proof for applicants who are not visiting our Branch for opening the account: ____________

___________________________________________________________________________________________

Mode of Submitting / Sending to Home Branch: As per anyone of the following mode:

a. For customers visiting the branch in person: Please submit documents as per points A, B, C, D and E

b. For customers not vising to branch in person:

i. For customers residing in anyone of the country as per country list* (given below): Please submit

documents as per following ( all the documents to be self-attested):

 Documents as per points A, B, C, D and E; and

 Copy of latest overseas bank account statement (Bank statement of self-account in original/computer generated

with Bank’s name/logo of an overseas bank evidencing that credits/debits have taken place in the account in

the preceding three months period. The statement should not be more than 3 months old).

Please Note: - This request letter along with documents may be sent to the home branch through registered email

address as scanned copies or by post / courier. If it is scanned and emailed then, please submit original hard copies

of the documents sent through email upon your next visit to the branch.

ii. In all other cases: Please submit documents as per points A, B, C, D, E and F through post or courier from

overseas. However third party attestation of all documents is mandatory and it can be done by anyone of the

following:

1. SBI Foreign Office 2. Indian Embassy / High Commission 3. Notary Public

*Country List: Australia, Austria, Bahrain, Belgium, Canada, China, Denmark, Finland, France, Germany, Hong Kong,

Iceland, Ireland, Italy, Japan, Kuwait, Netherlands, New Zealand, Norway, Oman, Qatar, Saudi Arabia, Singapore, South

Africa, Spain, Sweden, Switzerland, United Arab Emirates (UAE), United Kingdom (UK) and United States (US).

Passport

Details

Number

Issue Date

Place of

Issue

Nationality

Valid Up

VISA / Work

Permit Details

(Not required

for PIO / OCI

status and NRIs

with seafarer

work profile)

Number

Issue Date

Place of

Issue

Valid Up to

Paste a recent passport size

photograph of account

holder

Photograph should be

signed across by the account

holder

S. No.

Country of residence

for tax purpose

Tax Identification Number (TIN)

number or functional equivalent

TIN issuing Country

Please provide address, if S. No. 1 is filled in Taxation Details:

Same as Current Address Same as Permanent Address Other Address: _________________

City / Town / District: ________________________ Country_______________________________ PIN_______________

Date: ___________________

Place: ___________________

Customer Acknowledgement Copy (To be returned to the customer, if submitting it in person)

A/c No: _____________________ A/c Holder Name: ________________________________

Type of request: Request for Re-KYC diligence of NRE or NRO or FCNR (B) account

Date of receipt: ___/___/_____

Signature of authorised official

Branch Seal & Stamp

Signature of Account Holder

FATCA / CRS / Central KYC Registry - Declaration and Undertaking:

1. I hereby certify that I have declared my status as per the rules applicable under section 285BA of the Income tax Act, 1961 as notified by Central Board of Direct

Taxes (CBDT) vide Notification No. S.O. 2155(E) dated 7 August 2015 and RBI Circular No. RBI/2015-16/165 DBR.AML.BC.No.36/14.01.001/2015-16 dated 28

August 2015 in this regard.

2. I understand and acknowledge that as per the provisions Income tax Act, Rules made thereunder and guidelines issued by the RBI in the matter, depending upon the

residential status and/or other criteria stipulated therein, the Bank may have to report the details in respect of my account(s) as per the prescribed format to the Central

Board of Direct Taxes (CBDT) or other Government Agencies to comply with the obligations as per the Inter-Governmental Agreements (IGA) and Common

Reporting Standards (CRS) and or any other similar arrangements.

3. I certify that the information provided by me above as applicable to me and signed by me as well as in the documentary evidence provided by me is, to the best of

my knowledge and belief, true, correct and complete and that I have not withheld any material information that may affect the assessment/categorization of my

account as a U.S. Reportable Account or other reportable Account or otherwise.

4. I undertake the responsibility to declare and disclose within 30 days from the date of change, any changes that may take place in the information provided above, as

well as in the documentary evidence provided by me or if any certification becomes incorrect and to provide fresh and valid self- certification along with documentary

evidence.

5. I also agree that my failure to disclose any material fact known to me, now or in future, may invalidate me from transacting in the account and State Bank of India

would be within its right to put restrictions in the operations of my account or close it or report to any regulator and/or any authority designated by the Government

of India (GOI) /RBI for the purpose or take any other action as may be deemed appropriate by State Bank of India, under the guidelines issued by CBDT/RBI from

time to time, if the deficiency is not remedied by me within the stipulated period.

6. I also agree to furnish and intimate to State Bank of India any other particulars that are called upon me to provide on account of any change in law either in India or

abroad in the subject matter herein.

7. I shall indemnify State Bank of India for any loss that may be caused to the State Bank of India on account of providing incorrect or incomplete information by me.

8. I hereby declare that the details furnished above are true and correct to the best of my knowledge and belief and I undertake to inform you of any changes therein,

immediately. In case any of the above information is found to be false or untrue or misleading or misrepresenting, I am aware that I may be held liable for it.

9. My personal / KYC details may be shared with Central KYC Registry. I hereby consent to receiving information from Central KYC Registry through SMS / Email

on my registered number / email address.

Taxation Details (Please fill following details, if you are tax payer in any of the country or multiple countries)

Identification Documents (Please give certified translated copy of proof wherever it is in foreign language)

Proof of Status

(A)

Anyone of the following:

1. For NRIs: Any one of the following:

a) Valid Visa / Work Permit

b) Any one of the following for NRIs with Seafarer work profile:

i. Valid Job Contract

ii. Continuous Discharge Certificate (CDC), if the disembarkation stamp on

CDC is not more than 6 months old

iii. Expired contract letter (if the disembarkation stamp on CDC is not more than

6 months old)

iv. Last pay slip evidencing employment with a shipping company (not more

than 6 months old)

2. For PIOs / OCIs: Any one of the following:

a) PIO / OCI Card

b) Relevant pages of Passport of parents or grand-parents, establishing their Indian

Origin

c) Marriage Certificate establishing spouse’s Indian Origin

Proof of Identity (B)

Relevant pages of Passport

Proof of Tax Residency

(Required for each of TIN

mentioned in Taxation Details

section, if any)

(C)

Any one of the following:

1. Document mentioning Tax Identification Number (TIN) or functional equivalent

2. Certificate of residence or any valid identification issued by an authorized

Government body, including a Government agency or a municipality, of the country

or territory of residence

3. Any financial statement, third-party credit report, bankruptcy filing, or a report of the

Government agency regulating the securities market

Current Address document

(Overseas only)

NRIs with seafarer work profile

and on ship, can either give

employer’s overseas address or

Indian address.

(D)

Anyone of the following:

1. Relevant pages of Passport (mentioning overseas address)

2. Self-declaration of address with positive confirmation by submitting a copy of anyone

of the following. Standard format can be downloaded from ‘Download Forms’ page

of our website or please sign and write “Self declaration of overseas address for NRI

account opening purpose” on the document itself:

a) Government issued National Identity Card at the country of residence

b) Driving License issued abroad

c) Utility Bill (Electricity, Telephone, Gas)

d) Original copy of latest overseas bank account or existing NRE / NRO account

statement carrying overseas address

e) Employer’s certificate

f) Address proof of the blood relative as per point a) to e) above (spouse, father,

mother, sister, brother and child) with whom you are staying along with

supporting proof of relationship (Passport, PAN Card, Driving License, Voter

Identity Card, Aadhaar Card, Marriage Certificate, Birth Certificate)

Proof of Permanent Address

(Overseas / Indian)

(E)

Anyone of the following:

1. For NRIs: Any one of the following:

a) Relevant pages of Passport

b) Driving License

c) Voter Identity Card

d) Aadhaar Letter/Card

e) NREGA Job Card

2. For PIOs / OCIs: Relevant pages of Passport

Additional proof for applicants

who are not visiting our Branch

for opening the account (Non-

face-to-face) (F)

Any one of the following:

1. Cheque drawn on the overseas Bank account

2. Cancelled / Paid Cheque of the overseas Bank account

3. Proof of Income / Pay Slip / Tax return

CONSENT FORM

(NRI CUSTOMERS OTHER THAN IN EU)

The Branch Manager

State Bank of India

____________________ Branch

India

Madam/Dear Sir,

CONSENT FOR USE OF INFORMATION FURNISHED IN RELATION TO

SAVINGS/CURRENT/DEPOSIT ACCOUNT WITH STATE BANK OF INDIA

I/we understand that the State Bank of India (SBI) will use the information furnished by me/us in relation

to the application dated ___________ for opening my/our Savings / Current / Deposit Account or my such

existing accounts* (including the information modified or updated in the Bank’s records/ system

subsequently). In accordance with the applicable law(s) of India and/or, to the extent applicable and

necessary, with any foreign laws on data protection, as amended or updated or promulgated from time

to time. The said information will be used solely for the purpose of opening, maintaining and operating

my/our account and account(s) opened subsequently and processing transactions initiated by me/us in

those accounts.

2. State Bank of India may share my/our personal data with, and obtain personal data about me/us from,

within State Bank Group, credit reference agencies or Indian regulatory agencies or fraud prevention

agencies for use in verifying my identity, credit decisions and for fraud and money laundering prevention.

3. State Bank of India may send NRI Newsletter or information about special offers I/we may be entitled

to or about products and services available from the State Bank Group that may be of interest to me/us

etc. I/we prefer following mode of communication (please tick the relevant boxes);

email Phone SMS

4. However, SBI will update me/us on required changes regarding servicing my/our account. SBI will

communicate to me/us about the banking transactions through Phone/Mobile No./e-mail provided by

me/us.

Yours faithfully,

Signature Signature

( ) ( )

Primary Account Holder Secondary/joint Account Holder

Name: Name:

Email ID: Email ID:

Mobile No: 1) Mobile No: 1)

2) 2)

* Account No. : ___________________________

(In case of obtaining it from existing customers at the time of re-KYC)

Date: _______________

No, I am not interested in receiving

any such newsletter or information