Non-Individuals

1. Resolution of the Board of Directors to open an account and confer authority on those who will operate it (if any). Suggested format may be obtained from the Bank

2. Business Registration Certificate

3. Certificate of Incorporation and subsequent Certificate of Change of Name (if any)

4. Memorandum & Articles of Association / Articles of Association

5. Latest Annual Return (AR1 / NAR1) Filed with Companies Registry OR Form (NC1/NNC1/NNC1G) plus all subsequent Form(s) including D2A/ND2A, D2B/ND2B (if any), Return of Allotments (SC1), Instrument of Transfer listing the particulars of the Beneficial Owner(s) for newly incorporated companies

6. Bank Statement of within last 2 months. (For companies in existence for more than 1 year)

7. Latest Audited Financials (For companies in existence for more than 2 years)

8. Valid Regulatory License (For companies engaged in regulated business activity)

9. Organization chart, if any, (certified by CPA) showing the percentage of shareholdings, the country of incorporation and the country of business address of each intermediate company and the Beneficial Owner(s) of the company

10. For KYC requirements of Authorised Signatories, Directors & Beneficial Owners, please refer to requirements stated for Individuals

Note: To comply with various regulatory requirements and operation needs, the Bank will perform customer due diligence, checking, relying on the available information/documents. The Bank reserves the sole and absolute right to seek further documents in order to conclude its due diligence. Account opening would be the sole discretion of the Bank and subject to meeting the extant KYC/AML/regulatory requirements and any information that the Bank may require.

1. Business Registration Certificate

2. Extract of Business Register from Inland Revenue Department

3. Bank Statement of within last 2 months. (For firms in existence for more than 1 year)

4. Latest Audited Financials (For firms in existence for more than 2 years)

5. Valid Regulatory License (For firms engaged in regulated business activity)

6. For KYC requirements of Authorised Signatories, Partners / Sole Proprietor, please refer to requirements stated for Individuals

Note: To comply with various regulatory requirements and operation needs, the Bank will perform customer due diligence, checking, relying on the available information/documents. The Bank reserves the sole and absolute right to seek further documents in order to conclude its due diligence. Account opening would be the sole discretion of the Bank and subject to meeting the extant KYC/AML/regulatory requirements and any information that the Bank may require.

1. Trust / Society Registration Certificate

2. Trust deed and Rules, Regulations/ Bye-laws if any to administer the trust / society

3. Letter from Inland Revenue Department as a proof of tax exemption and charitable institution status (if applicable)

4. List of Board of Trustee / Office Bearers, minutes of appointment / election of office bearers

5. Resolution of the Board of Trustees / Office Bearers of Societies to open an account and confer authority on those who will operate it (if any). Suggested format may be obtained from the Bank

6. For KYC requirements of Authorised Signatories and other parties involved in the Trust, such as the trustee, protector, settlor, grantor and beneficiariesplease refer to requirements stated for Individuals

Note: To comply with various regulatory requirements and operation needs, the Bank will perform customer due diligence, checking, relying on the available information/documents. The Bank reserves the sole and absolute right to seek further documents in order to conclude its due diligence. Account opening would be the sole discretion of the Bank and subject to meeting the extant KYC/AML/regulatory requirements and any information that the Bank may require.

1. Resolution of the Board of Directors to open an account and confer authority on those who will operate it (if any). Suggested format may be obtained from the Bank

2. Business Registration Certificate / Trade Licence / Business Licence if any in place of incorporation

3. Certificate of Incorporation and subsequent Certificate of Change of Name (if any)

4. Memorandum & Articles of Association / Articles of Association

5. List of Directors & Shareholding issued by Chartered Accountant on its letter head / Extract of Directors & Share Holders from registrar of companies

6. Bank Statement of within last 2 months. (For companies in existence for more than 1 year)

7. Latest Audited Financials (For companies in existence for more than 2 years)

8. Valid Regulatory License (For companies engaged in regulated business activity)

9. Certificate of Incumbency issued by company secretary within 3 months of application/Extract of Company Registry document evidencing details of the company

10. For KYC requirements of Authorised Signatories, Directors & Beneficial Owners, please refer to requirements stated for Individuals

Note: To comply with various regulatory requirements and operation needs, the Bank will perform customer due diligence, checking, relying on the available information/documents. The Bank reserves the sole and absolute right to seek further documents in order to conclude its due diligence. Account opening would be the sole discretion of the Bank and subject to meeting the extant KYC/AML/regulatory requirements and any information that the Bank may require.

1. in relation to a corporation, refers to an individual who,

• i. owns or controls, directly or indirectly, including through a Trust or bearer share holding, not less than 10% of the issued share capital of the corporation;
• ii. is directly or indirectly, entitled to exercise or control the exercise of not less than 10% of the voting rights at general meetings of the corporation; or
• iii. exercises ultimate control over the management of the corporation; or
• iv. the corporation is acting on behalf of.

2. in relation to a partnership, refers to an individual who,

• i. is entitled to or controls, directly or indirectly, not less than a 10% share of the capital or profits of the partnership;
• ii. is directly or indirectly, entitled to exercise or control the exercise of not less than 10% of the voting rights in the partnership; or
• iii. exercises ultimate control over the management of the partnership; or
• iv. the partnership is acting on behalf of.

3. in relation to a Trust, refers to an individual who,

• i. is an individual who is entitled to a vested interest in not less than 10% of the capital of the trust property,
• ii. whether the interest is in possession or in remainder or reversion and whether it is defeasible or not; is the settlor of the Trust;
• iii. is a protector or enforcer of the Trust; or
• iv. is an individual who has ultimate control over the Trust.

4. in relation to a person not falling within any of the above corporation, partnership or trust, refers to an individual who,

• i. ultimately owns or controls the person.

The following documents may be downloaded from our website www.hdfcbankhongkong.com:

1. Account Opening Form - Non Individual
2. Relationship Opening Form - Non Individual
3. Mandate for Limited Company / Proprietorship Firm / Partnership Firm
4. Terms & Conditions

Relationship Opening Form, Account Opening Form, Mandate Form & Terms & Conditions needs to be duly attested by suitable Certifier and confirm that authorised signatories have "signed in his / her presence".

Suitable Certifier has to certify all KYC documents in following manner:-
"He / she has seen the original documentation and that the copy of the document which has been certified is a complete and accurate copy of that original. The signature and official stamp of the certifier should be placed on the first page of the copy document and the number of pages should be recorded". Name, Designation & Professional Membership number (if available) of the certifier required.

A suitable certifier will either be:

a) an embassy, consulate or high commission of the country of issue of the documentary evidence of identity;
b) a member of the judiciary, a senior civil servant or serving police or customs officer in a jurisdiction that is a FATF member or an equivalent jurisdiction;
c) a lawyer, notary public, actuary or a practicing chartered accountant / company secretary in a jurisdiction that is a FATF member or an equivalent jurisdiction; or
d) a director, officer or manager of a regulated financial institution incorporated in, or operating from, a jurisdiction that is a FATF member or an equivalent jurisdiction.