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Certification Regarding Beneficial Owners of Legal Entity CustomersBank Name: Branch Name:Branch Number: Line of Business:Employee Name: Employee Phone: Date:I. General InstructionsWhat is this form?
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How to fill out certification regarding beneficial owners

01
Gather required information on beneficial owners, including full legal names, addresses, dates of birth, and social security numbers.
02
Complete the certification form by filling out all relevant sections accurately and completely.
03
Sign and date the certification form to attest to the accuracy of the information provided.
04
Submit the completed certification form to the appropriate entity or organization as required.

Who needs certification regarding beneficial owners?

01
Financial institutions such as banks and credit unions.
02
Corporations, partnerships, and other business entities.
03
Trusts, estates, and other legal entities.

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Certification regarding beneficial owners is a formal declaration confirming the identities and ownership interests of individuals who ultimately own or control a company.
Certain entities and companies, including corporations and limited liability companies, are required to file certification regarding beneficial owners.
To fill out certification regarding beneficial owners, one must provide accurate information about the beneficial owners, including their names, addresses, ownership percentages, and other relevant details.
The purpose of certification regarding beneficial owners is to increase transparency and prevent money laundering, corruption, and other illicit activities by identifying the individuals who ultimately control a company.
Information such as the names, addresses, ownership percentages, and identification documents of the beneficial owners must be reported on certification regarding beneficial owners.
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