Académique Documents
Professionnel Documents
Culture Documents
SABB Corporate
Account Opening Form
AOF
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A. ENTITY INFORMATION
ICG UJ .1
1. Entity Details
_________________________________________________________
________________________________________________________________________________
_________________________________________________________________________________
__________________________________________________________
Legal Status:
________________________________________________________________________________
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:fdG VdG
_________________________________________________________________________________
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jOa SDe
Sole Proprietorship:
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:eJ cT
:H UJ cT
Foreign Company
:LCG cT
ge cT
__________________________________________________________________
:(OM) iNCG
:QdG dG bQ
C.R. Number:
C.R. Issue Date:
D D MM Y Y Y Y
D D MM Y Y Y Y
______________________________________________________________________
________________________________________________________________________________
_________________________________________________________________________________
______________________________
________________________________________________________________________________
_________________________________________________________________________________
:QdG dG `a Qce g e M dG f
(HSBC) S H SG JG Y e M CG jd g
*f
_________________________________________________________________________________
________________________________________________________________________________
_________________________________________________________________________________
:NdG bQ
D D MM Y Y Y Y
: QGUEG jQJ
Expiry Date:
D D MM Y Y Y Y
:AfG jQJ
:iNCG NGJ
D D MM Y Y Y Y
: QGUEG jQJ
Expiry Date:
D D MM Y Y Y Y
:AfG jQJ
___________________________________________
_________________________________________________________________
:IQG G
:XG OY
_______________________________________________________________________ :hdG OY
__________________________________________________________
AOF
A.Subsidiaries
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Name
Location (Country/City)
Ownership
B. Branches
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Country
City
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CR Number
Activity type
1.
2.
3.
4.
5.
Group name (parent company) (if any): ______________________________
_________________________________________
___________________________________________________________________________________
___________________________________________________________________________________
______________________________________________________
___________________________________________________________________________________
___________________________________________________________________________________
Country: ______________________________________________________________________
___________________________________________________________________________
Country: _______________________________________________________________________
City: ____________________________________________________________________________
Zip Code: _____________________________________________________________________
P.O. Box: _____________________________________________________________________
Contact No.: __________________________________________________________________
Fax No.: ______________________________________________________________________
Email: __________________________________________________________________________
Website: ______________________________________________________________________
:dG
___________________________________________________________________________ :jG
___________________________________________________________________ :jdG edG
___________________________________________________________________________ :.U
___________________________________________________________________________ :Jg
_____________________________________________________________________ :cdG bQ
________________________________________________________________ :hdEG jdG
_________________________________________________________________ :hdEG bG
____________________________________________________________________________
1.
2.
3.
4.
5.
6.
7.
2
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Name
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Nationality
Share (%)
(%)G
AOF
jQdG fG ee .
B. BUSINESS INFORMATION
hOQG
Suppliers
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Value
YdG
Goods
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Country
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Frequency
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Payment
LC Open Account/TT
LC Open Account/TT
LC Open Account/TT
LC Open Account/TT
LC Open Account/TT
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:(OGaCG ASEH)
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Value
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Goods
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Country
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Frequency
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Payment
LC Open Account/TT
LC Open Account/TT
LC Open Account/TT
LC Open Account/TT
LC Open Account/TT
AOF
de ee `
Financial Information
Cash
Account Receivables
Inventory
Other Assets
Total Assets
Financial Income
Sales / Revenues
Expenses
Net Income
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Debts
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Other Liabilities
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Total Liabilities
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Equity
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Cash Flows
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Cash Flows From Operations
QSG e dG
Cash Flows From Investment
Cash Flows From Financial jdG fG e dG
Account Payables
Business Owner(s)
Sales Proceeds
Return on Investment
iNCG H
ICG e eJ
Other Financial
Institute that Entity
Bank with
FdG G
Main Account
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jQdG
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Used for Entitys
Used for
Credit Fecilities
Used for
Trade Service
Payment and
Remittances
1.
2.
3.
4.
5.
AOF
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D. ACCOUNT DETAILS
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1. Account Opening
Type of Account Required
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QL eSG M
____________________________________________________________ :iNCG
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jOdG SDd a J
(bdG Y j G OJ c) dG SG
ATM
For sole proprietorship only
Name appear on ATM card
Account Currency
SAR
GBP
USD
EUR
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hQj
_____________________________________________________ :jdG Lj ,iNCG
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HY
Language
English
Arabic
Account Statement
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monthly basis
Cheque Book Required (For Current Accounts Only)
Yes
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(a dG FGOdG HMh jQG Hd)
No
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______________________________________________________________________
___________________________________________________________________________________
______________________________________________________________________
___________________________________________________________________________________
______________________________________________________________________
___________________________________________________________________________________
No. of Books:
E-banking
Yes
No
Payments
Credit Facilities
Investment
Collection Account
Foreign Exchange
Payroll Account
Export/Import/Guarantee
Cash Management
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Number
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Cash Deposit/
Withdrawal
Deposit
Withdrawal
GjEG
In
GM
Local Transfers
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Out
jf GM
Qd
Cross Border
Cash Transfer
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In
S
Out
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In
Cheques
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Out
Total
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kjS
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Daily
Monthly
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Value
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Number
Annualy
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Value
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Number
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Value
Purposes
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Sources of Transaction
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Currencies
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AOF
E. CONTACT DETAILS
:SGG GY
_____________________________________________________
___________________________________________________________________
___________________________________________________________________
___________________________________________________________________
___________________________________________________________________
P. O. Box: _______________________________________________________
______________________________________________________
Mobile 1: ________________________________________________________
Mobile 2: _______________________________________________________
Mobile 3: ________________________________________________________
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____________________________________________________ :jdG edG
___________________________________________________________ :jG
_________________________________________________ :1 JG HV
_________________________________________________ :2 JG HV
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__________________________________________________________ :2 GL
__________________________________________________________ :3 GL
__________________________________________________________
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_______________________________________________________
Office 1: _________________________________________________________
________________________________________________________
Office 2: ________________________________________________________
Fax : _____________________________________________________________
Email : __________________________________________________________
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________________________________________________________ :2 G
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___________________________________________________________
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__________________________________________________________
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___________________________________________________________________
_________________________________________________________________
___________________________________________________________________
_________________________________________________________________
Street: ___________________________________________________________
:QdG
___________________________________________________________ :jG
_________________________________________________________ :G
______________________________________________________ :e dH
City: ____________________________________________________________
Area: _____________________________________________________________
Nearest Landmark: _____________________________________________
Note: Please attach the Saudi Postal confirmation letter for
sole properatorship
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__________________________________________________________
AOF
Please draw a map below with the directions to your business location (if available)
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SCG
Name
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Designation
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Authorised
Signatory/
Main Contact
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ID Issue
Place
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Date
of Birth
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Country
of Birth
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Address
AOF
Details Of Partner, Beneficial Owners (BO), Directors (D), Partners (P)
Board Members (BM) Authorised Signatories (AS)
SG
Name
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Designation
ID Type
ID Number
ID Expiry Date
Nationality
Mobile Number
______/_______/_______
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*%
Share
Holding %*
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Source of
Wealth*
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Approximate
Net Worth (SAR)*
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Verification
Contact
Yes No
Yes No
______/_______/_______
Yes No
______/_______/_______
Yes No
______/_______/_______
Yes No
______/_______/_______
Yes No
______/_______/_______
Yes No
______/_______/_______
Yes No
______/_______/_______
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AOF
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Joint
Withdrawal Limit
No Limit
Up to
Details of signing
authority/additional
information
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bCG H
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_______________________________________________________________
_______________________________________________________________
Name: _________________________________________________________________________
ID Type: _______________________________________________________________________
ID No.: _________________________________________________________________________
Issued By: ____________________________________________________________________
Issued Date: ________________________________________________________________
Joint
Withdrawal Limit
No Limit
Up to
Details of signing
authority/additional
information
:SG
_______________________________________________________________________ :jdG f
_______________________________________________________________________ :jdG bQ
__________________________________________________________________________ :QG
___________________________________________________________________ :QGUEG jQJ
___________________________________________________________________________
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_______________________________________________________________
_______________________________________________________________
Name: _________________________________________________________________________
ID Type: _______________________________________________________________________
ID No.: _________________________________________________________________________
Issued By: ____________________________________________________________________
Issued Date: ________________________________________________________________
Please note:
Signatories must be local citizen or GCC citizen
or expat under sponsorship of this entity
10
:SG
_______________________________________________________________________ :jdG f
_______________________________________________________________________ :jdG bQ
__________________________________________________________________________ :QG
___________________________________________________________________ :QGUEG jQJ
___________________________________________________________________________
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Joint
Withdrawal Limit
No Limit
Up to
Details of signing
authority/additional
information
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/bdG M UJ
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_______________________________________________________________
_______________________________________________________________
Name: _________________________________________________________________________
ID Type: _______________________________________________________________________
ID No.: _________________________________________________________________________
Issued By: ____________________________________________________________________
Issued Date: ________________________________________________________________
Joint
Withdrawal Limit
No Limit
Up to
Details of signing
authority/additional
information
:SG
_______________________________________________________________________ :jdG f
_______________________________________________________________________ :jdG bQ
__________________________________________________________________________ :QG
___________________________________________________________________ :QGUEG jQJ
___________________________________________________________________________
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_______________________________________________________________
_______________________________________________________________
Name: _________________________________________________________________________
ID Type: _______________________________________________________________________
ID No.: _________________________________________________________________________
Issued By: ____________________________________________________________________
Issued Date: ________________________________________________________________
Please note:
Signatories must be local citizen or GCC citizen
or expat under sponsorship of this entity
11
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_______________________________________________________________________ :jdG f
_______________________________________________________________________ :jdG bQ
__________________________________________________________________________ :QG
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___________________________________________________________________________
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AOF
D. OTHER INFORMATION
1. Does the Entity have any Ultimate Beneficial Owners
with US origin?
Yes
No
If your answer was yes please answer the following
questions:
Any US addresses held for the entity or any of its
partners / directors? Yes
No
If yes, please specify: _____________________________________________
2. Is the main address "Hold mail" or a "C/O" address?
Yes
No
No
No
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Signature SV
AOF
ACCOUNT OPENING TERMS & CONDITIONS
A. General
1. Definitions:
"ACCOUNT" means the Account which is the subject of the
application on the reverse side of this agreement and any subsequent
Account(s) opened by the same customer.
"ACCOUNTHOLDER" means the applicant for the Account (whether
one person or more and their appointed agents).
"BANK" means the Saudi British Bank or its successors.
2. Terms & Contracts:
a. We (Customer) are not legally prohibited to be dealt with, that all
information and data that we have provided are true and reliable,
and that we have understood the terms, conditions and other
provisions of the account opening agreement.
b. We (Customer) are liable before the competent authorities for the
funds deposited into our account, or deposited by others with or
without our knowledge. We would also liable whether or not
subsequently disposed personally of these funds, but we failed to
formally report to the bank the existence of such funds. We
confirm that funds deposited are from legal sources, that we are
liable for their being free from any forgery or counterfeiting, and
that if the bank receives from us (customer) any counterfeit
notes, we will not be refunded or compensated.
c. We understand and commit that we are responsible for updating
our corporate account data when requested by the bank or
periodically (as specified by the bank) for period of not more than
5 years each. We undertake to provide a renewed documentation
before the expiration of its validity, and we acknowledge that if
we fail to do so, the bank will freeze our account.
3. Authorized Agents/power of Attorney:
A Power of Attorney given by the Accountholder, whether
notarized, on Bank's format or a letter of authority to an
Agent/Attorney to operate the Account and to make other acts
and things will be binding on the Accountholder and the
Accountholder hereby requests the Bank to rely on such Power
of Attorney which will remain in force and effect until such time
as the Bank receives from the Accountholder a written revocation
of the Power of Attorney. The Accountholder shall indemnify and
hold the Bank harmless from any and all claims and liabilities paid
or incurred by the Bank in connection with reliance upon, and the
operation of the Account by the Agent of any such Power of
Attorney.
a. The signatory/ies to the account/s, is/are authorised: (a) to
operate the account (deposit and withdrawal); (b) to withdraw
and deal with any securities or property or documents of title in
the name/s of the account holder/s, which may be deposited with
the Bank for safe custody or in safe deposit from time to time,
whether by way of security or otherwise; (c) to arrange with the
Bank for extension of Islamic facilities ; and (d) to sign on behalf
of the account holder/s, any form of deposit and withdrawal,
memorandum of deposit, letter of trust, mortgage, hypothecation
and pledge to secure any Islamic facilities and any obligation,
undertakings, indemnities and counter indemnities and any other
documents relating thereto.
b. If more than one person/entity signs, or agrees to be bound by
these terms and conditions, the obligations of such persons
hereunder will be joint and several and as the context may
require, words herein denoting the singular only will be deemed
to include the plural. Any notice hereunder to any of such persons
will be deemed effective notification to all such persons.
c.
13
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AOF
4. Debit for Charges:
The Bank shall have the right, without reference to the
Accountholder to debit the Account with all expenses, fees,
commissions, taxes and stamp charges paid or incurred by the
Bank or its Correspondents on behalf of the Accountholder.
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Set-off:
All the Accounts of the Accountholder, regardless of its currency,
shall only constitute one single Account. The Bank shall without
notice combine or consolidate all the Accounts with the liabilities
of the Accountholder, and set-off or transfer any sum/s standing
to the credit of any such Accounts or any other sum/s owing
from the Bank in or towards satisfaction of any liabilities to the
Bank on any other Account or in any other respect whether such
liabilities are actual or contingent
14
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AOF
12. Change of Business Structure:
All information relating to Partnership Agreements,
Memorandum and Articles of Association, rules of
Club/Societies/Associations and authorised signatories which
have been communicated to the Bank shall remain in force until a
copy of any amendments thereof certified by the account
holder/s company secretary supported by a Board Resolution
(wherever required) to be delivered to the Bank.
13. Miscellaneous:
a. The Bank is authorised to debit the Account with all amounts and
any other related charges and commissions claimed by the Bank
in respect of all services rendered included but not limited to
guarantees issued, Bills, cheques, order of payment or other
negotiable instruments sent for collection and not subsequently
honored. The Bank will not be liable for any loss due to the fault
of any local or foreign or any correspondent bank.
b. All payment orders, exchange operations and sales or purchases
of stocks, or shares in Saudi Arabia or elsewhere, undertaken by
the Bank on behalf of the Accountholder/s, shall be at risk of the
Accountholder/s at his/their expense.
c. The Bank reserves the right to disclose, in strict confidence, to
other institutions, such information concerning the account as
may be necessary, or appropriate, in connection with its
participation in any electronic fund transfer network.
B. Current Accounts
1. Statement of Account:
The records and the Accounts maintained by the Bank are
considered to be correct and final and conclusive evidence
binding on the Accountholder and objection rights shall be
waived after one month from dispatch of Statement of Account
to the Accountholder at his latest address recorded with the
Bank.
2. Overdrafts:
a. Cheques causing the Account to be overdrawn will be returned
unpaid and the Account will be debited with a charge as per
Bank's prevailing Tariff of Charges for each cheque returned for
lack of funds.
b. If a cheque or any other payment order creating an overdraft has
been inadvertently transacted by the Bank, the Accountholder
shall promptly, upon demand, pay to the Bank the amount of the
overdraft [plus the accrued charges] thus created
3. Right to Payment of Profit:
The money in the account is held on demand however the Bank
may utilise such monies with a guarantee of payment upon
request. The accountholder has no right to claim profits.
15
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AOF
C. SABB Privacy Statement
To preserve the confidentiality of all information you provide to
us, we have adopted the following privacy principles:
1. We only collect information that we believe to be relevant and
required to understand your financial needs and to conduct our
business.
2. We use your information to provide you better customer
services and products.
3. We may pass your information to SABB associate companies
providing products or services which may be of interest to you.
4. We will not disclose your information to any external
organization unless we have your consent or are required by law.
5. We may be required from time to time to disclose your
information to Governmental/Judicial bodies / Overseas
Correspondent Banks (for processing remittances only) or
agencies or our regulators.
6. We aim to keep your information up-to-date.
7. We maintain strict security systems designed to prevent
unauthorised access to your information by anyone, including our
staff.
8. SABB and its associate companies, all our staff and all third
parties with access to your information are specifically required
to observe our confidentiality obligations, as well as these
principles.
9. By maintaining our commitment to these principles, we at SABB
will ensure that we respect the inherent trust that you place in
us.
2.
3.
4.
5.
You agree to pay our scale of the charges (if any) for providing
the Banking Service as we advise you from time to time. We
may vary our charges and the frequency and dates of payment
on giving you no less than 30 days notice.
You authorise us to debit any of your accounts with any charges
for providing the Banking Service.
When we introduce new Services we may provide them on
supplementary terms which will be notified to you from time to
time in accordance with these Terms.
We may modify the Terms on not less than 30 days notice to
you or such shorter period (other than in the case of any
variations to our charges) as is necessary for the effective
operation of the Banking Services.
The contract may be terminated by either party giving not less
than 30 days notice to the other.
2.
16
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AOF
- In the case of posting, by registered mail to the last address
provided by you.
- In the case of notification via the Internet Banking Service.
The contract is governed by and construed according to the
regulations of the Kingdom of Saudi Arabia. Any dispute not
amicably settled shall be referred to the SAMA Committee of
banking disputes for settlement in compliance with Shariah
principles.
The Bank is required to act in accordance with the laws and
regulations operating in Saudi Arabia which relate to the
prevention of money laundering, terrorist financing and the
provision of financial and other services to any persons or
entities which may be subject to sanctions.
The Bank reserves the right to take any action as deemed
appropriate in respect of the relationship or associated financial
transactions conducted, in the light of UN/EU/OFAC or local
sanctions imposed.
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3.
4.
5.
17
Signature SV