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FormW8BENE(Rev. July 2017) Department of the Treasury Internal Revenue ServiceCertificate of Status of Beneficial Owner for United States Tax Withholding and Reporting (Entities) For OMB No. 15451621use
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FFI Sponsored FFI OR stands for Foreign Financial Institution Sponsored Foreign Financial Institution Withholding and Reporting. It is a form used by FFIs to report information about their account holders.
FFIs that are sponsoring other FFIs are required to file the FFI Sponsored FFI OR form.
To fill out the FFI Sponsored FFI OR form, FFIs need to provide information about themselves as the sponsoring institution, as well as information about the FFIs they are sponsoring.
The purpose of the FFI Sponsored FFI OR form is to report information about the sponsored FFIs and their account holders to ensure compliance with FATCA regulations.
The FFI Sponsored FFI OR form requires information such as the sponsored FFIs' GIINs, account balances, and any reportable payments made to account holders.
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