Please be informed that it is a requirement for W-8Ben Form to be signed before trading in the US Markets.
After completion, kindly mail the form to us at :
OCBC Securities Pte Ltd
18 Church Street , #01-00
OCBC Centre South
Singapore 049479
(Attn : Customer Services Dept)
Under the US Department of the Treasury, Internal Revenue Service regulations, foreign persons, including non-US citizens, are subject to a US tax rate of 30% on certain types of income received from US sources, such as interest, dividends, rents, royalties, annuities, etc.
Foreign persons are required to complete and submit W-8Ben form to the withholding agent or payer to establish that they are not US persons, and that they are the beneficial owners of the income for which the W-8Ben form is provided.
Note:
The W-8BEN Form is only valid for 3 years starting from the date the form is signed to the last day of the third succeeding calendar year.
(Eg. W-8BEN Form signed on 1 Sept 2005, remains valid through 31 Dec 2008)
