CSB Bank FATCA/CRS Self Declaration Form For All Individual Customers
CSB Bank FATCA/CRS Self Declaration Form For All Individual Customers from Download
Here are the key points from the CSB Bank FATCA/CRS Self-Declaration Form:
Purpose & Compliance
- Tax Regulations: Form collects data to comply with the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS).
- Legal Framework: Tied directly to India’s Income Tax (11th Amendment) Rules, 2015.
General Rules
- Formatting: Must be completed using block letters only with single blank spaces between words.
- Omissions: Overseas addresses, contact numbers, and emails are omitted as they are pulled from the main profile form.
Section A: Customer Details
- Mandatory Data: Requires full name, father’s name, birth date, place of birth, and country of birth.
- Tax Identifiers: Demands Permanent Account Number (PAN) along with countries of citizenship and tax residency.
- Capacity: User must check whether they are the primary holder, joint holder, guardian, POA holder, or beneficial owner.
Section B: Foreign Tax Residency
- Applicability: Must be completed if the applicant’s country of tax residency is anywhere outside of India.
- Foreign Identifiers: Requires Taxpayer Identification Number (TIN) or a Functional Equivalent (FE) document name.
- Travel Documents: Passport number, passport expiry date, and passport issuing country must be recorded.
- Exceptions: Provides a dedicated explanation box if a country does not issue a TIN or if one cannot be obtained.
Section C: Declarations & Liabilities
- Accuracy: Applicant certifies that all provided information is completely correct and truthful.
- Updates: Commitment to update the bank within 30 days if tax residency status or circumstances change.
- Data Sharing: Authorizes the bank to share form data with local or international tax and regulatory authorities.
- Legal Liability: Customer assumes sole responsibility and financial liability for any false or misleading data provided.
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CSB Bank Annexure I : Additional Details for Individual(s) from Download
CSB Bank Resident Savings Bank/Current Account Opening Form for Individual(s) from Download
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