ACCOUNT OPENING
APPLICATION FORM
PERSONAL ACCOUNT
(Sole Applicant)
2 June 2023
GUIDELINES FOR COMPLETING THE ACCOUNT OPENING FORM
Please provide the information requested and answer all
the questions in all sections of this form as it will ensure a
faster account opening process.
Section 1 – Applicant’s Personal Details
Section 2 – Employment Details
Section 3 – Declaration of Wealth
Section 4 – Accounts and Services Required
Section 5 – GeNS
Section 6 – Operating Your Account
Minimum Balance requirement.
Section 7 – Security Questions
Section 8 KYC (Know Your customer) Information
You must provide us with sufficient information for the
bank to understand the nature of your main activities.
This includes your source of wealth, source of funds
and source of income details. This is not an exhaustive
list and we may be obliged to request you to submit
further information before we can consider processing
your account opening application further.
Section 9 – Telephone and Email Instructions Form
Section 10 – TAX/FATCA Declaration
Section 11 – Politically Exposed Person (PEP)
Declaration
Section 12 – Appointment of Bankers and Mandate
The applicant must read the Terms & Conditions
supplied with this application form before signing this
document.
Section 13 – GDPR Consent Statement
Section 14 – Submitting Your Account Opening
Form
Please, do not send original documents to us by post.
Guaranty Trust Bank (UK) Limited will not be liable for
the loss or damage to any original documents in the
post.
Account opening forms can be submitted in person at
our offices at 10 Great Castle Street, London W1W 8LP
or sent to one of our Liaison Desks closest to you.
(for Non-UK residents)
CHECK LIST
Please use the list below to ensure we have all the
necessary information needed to open your account. The
information and documents requested below are for due
diligence purpose.
UK RESIDENT
1. Duly completed account application form
2. For Identity:
The original or certified true copy* of any one of the
following identification documents:
Valid international passport or
Valid photo card driving licence
For Address:
The original or certified true copy* of any one of the
following:
Recent council tax demand letter
Valid photo card driving license , if not already
used as proof of identity
6 complete months bank statements
(not more than 6 months old)
Tax bill dated within 6 months
Council Tax Demand Letter dated within 12
months
Current utility bill (issued within the last 3
months), excluding mobile phone bills and copies
printed off the internet
NON-UK RESIDENT
1. Duly completed account opening form
2. For Identity:
The original or certified true copy* of the applicant’s
valid international passport
For Address:
The original or certified true copy* of at least two of the
following address verification documents:
Voters Card
National ID Card
Tax bill dated within 6 months
Land Use bill dated within 12 months
Valid photo card driving license
6 complete months personal bank statements
(not more than 6 months old).
Current utility bill (issued within the last 3 months),
excluding mobile phone bills and copies printed off
the internet
* Copies of documents must have been certified (stamped and signed) as a true copy
of original by a Solicitor, Notary Public or a Senior staff member of Guaranty Trust
Bank Group within the last 3 months.
3 June 2023
ACCOUNT OPENING APPLICATION FORM – PERSONAL ACCOUNT
(SOLE APPLICANT)
Section 1. Personal Details
Title: _________________________________________
Surname: _____________________________________
First Name: ____________________________________
Middle Name(s): ________________________________
Other Known Name(s): ___________________________
Date of Birth (dd/mm/yyyy): _____ / _____ / _____
Town of Birth:__________________________________
Country of Birth: ________________________________
Address: ______________________________________
_____________________________________________
Post Code/Zip Code: ____________________________
Town/City: ____________________________________
Country: ______________________________________
Period of stay at address: Years: Months:
If you have spent less than 3 years at the above address,
please state previous address:
Address: ______________________________________
_____________________________________________
Post Code/Zip Code: ____________________________
Town/City: ____________________________________
Country: ______________________________________
Period of stay at address: Years: Months:
Correspondence Address: (if applicable)
Please state your preferred correspondence address,
if it differs from your residential address.
Address: ______________________________________
_____________________________________________
Post Code/Zip Code: ____________________________
Town/City: ____________________________________
Country: ______________________________________
Reason for Correspondence Address: ______________
_____________________________________________
Gender: Male Female
Residence:
UK Resident Non-UK Resident
Contact Details:
e-mail address: ________________________________
Confirm
e-mail address: ________________________________
Home Phone:__________________________________
(country code/area code/number)
Mobile Phone:_________________________________
(country code/area code/number)
Work Phone:__________________________________
(country code/area code/number)
Residential Details:
Owned - Outright:
Owned – Mortgage
Rented
Shared/Part Owner
Other
If other, please provide details: ____________________
_____________________________________________
Other
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4 June 2023
Section 2. Employment Details
Employment Status: _____________________________
(employed, self-employed, retired, student etc)
Occupation: ___________________________________
Job Title: _____________________________________
Employer’s Name: ______________________________
Employer/Business Address: ______________________
_____________________________________________
Town/City: ____________________________________
Post Code/Zip Code: ____________________________
Country: ______________________________________
Employer/Business Phone: _______________________
Fax: _________________________________________
Basic Salary p.a. (Gross): _________________________
Guaranteed Bonus/Commission: ____________________
Other Income: __________________________________
(e.g. investment income)
Non-guaranteed Bonus/Commission: ________________
Total Income p.a.: _______________________________
How is your salary paid?
Direct to bank Cheque
Cash
Frequency of salary payment
Weekly Monthly
Other (provide details): ___________________________
Accounts Available: Yes No
Name and Address of Accountant: __________________
______________________________________________
______________________________________________
Town/City: _____________________________________
Post Code/Zip Code: _____________________________
Country: _______________________________________
Section 3. Declaration of Wealth (£ or currency equivalent)
Shares:
Total Estimated Current Value (£)
Listed Shares
Unlisted Shares
(shares in private businesses)
Properties:
Total Estimated Current Value (£)
Personal Use Properties
(Primary and secondary residences)
Where Held?
Rented Properties
(Houses, flats, offices, shops)
Where Held?
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5 June 2023
High Value Personal Property:
Total Estimated Current Value (£)
Asset Type:
(Artwork, Antiques, Cars, jewellery, yachts)
Investments:
Total Estimated Current Value (£)
Fixed Deposits, ISAs, NSI Products
Marketable securities
(Bonds, Mutual Funds,)
Other Funds
(Hedge Funds, Private Equity Funds)
Life Insurance
Liabilities:
Total Outstanding Balance (£)
Mortgages
Loans
(secured by artworks, jets, yachts, jewellery)
Asset Financing
(secured by artworks, jets, yachts, jewellery)
Unsecured Loans
Section 4. Accounts and Services Required
Please select the accounts and services you would like below
GTBank Current Account GBP*
* Account Maintenance Fees of £100 are payable annually in advance on the GTBank UK Current Account, or in 12 monthly instalments of £8.95.
Please indicate your preference: Monthly (£8.95) Annually (£100)
GTBank Savings Account GBP USD Euro
Debit Card
Cheque Book Facility
Internet Banking
(for Non-UK resident only):
Please tick this box if you would like to collect your Internet Banking User ID, PIN and Token
&/or Debit Card & PIN through one of our Liaison Desks closest to you (see Section 14 for addresses).
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6 June 2023
Section 5. GeNS
In addition to the above mentioned services, as a proactive measure and in order to reduce frauds, we will be providing
you with the free Guaranty Trust Bank Electronic Notification System (GeNS).
It is a free email alert system that notifies you (to your designated email address) about all your account balances
and monies either coming in or going out of your account(s) with us, regardless of currency.
The Guaranty Trust Bank Electronic Notification System (GeNS) is a condition of service for operating your account
with us.
TERMS & CONDITIONS OF SERVICE
While Guaranty Trust Bank UK Limited will take utmost care in delivering the GeNS Service to customers, e-mail
communications cannot be guaranteed to be secure or error-free; as information could be intercepted, corrupted,
amended, lost, destroyed, arrive late or incomplete, or contain viruses. We do not accept liability for any such matters
or their consequences.
Guaranty Trust Bank UK Limited reserves the right to discontinue the service in the future.
ACKNOWLEDGEMENT
I understand the Terms & Conditions of this service and in requesting updates from the GeNS alert system, I do so, at
my own risk and consider myself responsible for securing access to my email account. Please tick this box
Section 6. Operating Your Account
Minimum Balance Requirement:
The bank requires that you must maintain a minimum balance with us at all times across all your accounts.
The minimum balance can be spread over any combination of accounts, including Current, Savings, Fixed Deposit,
Premium Advantage Deposit (PAD) and Mortgage Security Deposit (if applicable) and across accounts in any currency
(GBP, USD, EUR).
If at any time after this date your aggregate balance falls below the minimum requirement, we will contact you by an
automated email alert to advise you of this and tell you what you need to do.
For full details, please refer to the below link on our web site to view the “Minimum Balance Requirement” document:
https://www.gtbankuk.com/uploads/download-forms/Minimum-Customer-Balance-Requirement.pdf
Best method of Contact Telephone e-mail
Other (please specify _____________________________________________________________________________
Section 7. Security Questions
To enable us to verify your identity when you communicate with the Bank by telephone or via the internet, please fully
complete the following:
Security Question:
Security Answer:
Where was your mother born?
Your mother’s maiden name:
Your first school:
Your childhood hero:
Your favourite place:
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7 June 2023
Section 8. KYC (Know Your Customer) Information
Please help us to understand how your account(s) will be operated through GT Bank (UK):
Profession/ Main Activities/ SOURCE OF WEALTH (SOW) , SOURCE OF INCOME (SOI) and SOURCE OF
FUNDS (SOF): (Please State Full Details)
Purpose for Opening Account(s): Please Specify Product and Currency per Account
Expected Annual Account Turnover:
Types of Transactions expected to pass through the
account:
Highest Value of Any One Credit:
Countries you Transact with (in):
Number of Transactions per Month:
8 June 2023
Section 9. Telephone and Email Instructions Form:
In consideration of the Bank's accepting or acting upon telephone, and/or any letter received by email or as an
attachment to an e-mail from me, (collectively called instructions) addressed to or otherwise communicated to any of
the Bank's employees, I hereby confirm to you that:
1. You have made clear to me and I am fully aware of the risks of omissions, errors, mis- statements, fraud and/or
authorised interventions by third parties which are inherent in the above procedure.
2. I have no objection to your recording such instructions and agree that the same may be used in evidence
where relevant.
3. Further, I hereby agree with you as follows:
I. I agree that the Bank may seek confirmation of any such instructions prior to acting upon them. Such
confirmation may be obtained by telephoning me.
II. If the Bank has tried but has failed to make contact with me for any reason or has not been supplied
with the confirmation of my identity; it may in its absolute discretion refuse to act upon the instruction
concerned.
III. I shall comply with any proper requests for information made by the Bank for the authentication of
the instruction in question.
IV. I shall make prudent use of the above arrangements for me to issue such instructions and I shall
inform you as soon as practicable upon me becoming aware of any circumstances or event likely to
render the continued use of the said arrangements unsafe.
4. Finally, I fully accept that you may refuse to act upon any particular instruction and indeed that you may
terminate the above arrangements whenever you deem fit without prior notice to me. I confirm that I shall not
hold you liable in any way whatsoever for any loss or damage, direct or indirect, howsoever arising from your
refusal to act upon any particular instruction.
5. This agreement shall be governed by the Laws of England and Wales and shall be additional to any other
indemnity which you now or hereafter may hold.
6. If you wish to opt-in for submitting instructions by telephone and email,
please tick this box:
If you opt-out, we will only accept any instructions from you through your e-banking access
(if you are registered) or if you send us original instructions by mail.
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9 June 2023
Section 10. TAX/FATCA Declaration
TAX Declaration
Country of Tax Residence
Tax Identification Number (TIN)
FATCA Declaration
The Foreign Account Tax Compliance Act (FATCA) is a 2010 US federal law, designed to prevent tax evasion by US
citizens using offshore banking facilities.
It requires Financial Institutions outside the US to provide information to the US tax authorities regarding financial
accounts held by “US Persons”.
When applying for one of our products, we require our application forms to be fully completed.
It is important to note that Guaranty Trust Bank (UK) Limited cannot provide any tax advice for completion of our
application forms.
Please read the details below in order to determine if you are a “US Person” and consequently, a US taxpayer for the
purpose of FATCA, IF YOU:
1. Are a citizen of the United States
2. Are a “Green Card” holder
3. Were born in the United States
4. Have a permanent address or other residence in the United States
5. Have a mailing address or P.O. Box in the United States
6. Have a cellular or landline subscription with any U.S. service provider
7. Have a standing order in place for accounts maintained in the United States
8. Authorised a U.S. resident to act or sign on your behalf regarding your account
9. Share a joint account with a U.S. person
10. Have a U.S. tax identification number
11. Are acting as an intermediary - any person that acts as a custodian, broker, nominee, or otherwise as an
agent for another person, regardless of whether that other person is the beneficial owner of the amount paid, a
flow- through entity, or another intermediary
12. Are receiving compensation for personal services rendered in the United States – compensation is received
from a US person (e.g. scientific, sports, educational activities)
13. Have income that is effectively connected with the conduct of a trade or business in the United States
If you answered “YES” to any of the above questions, you declare yourself to be a “US Person” and
consequently, a US taxpayer for the purpose of FATCA.
You will therefore need to complete a FATCA Declaration Form.
(The relevant form will be forwarded to you in accordance with your tax status)
Yes No
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10 June 2023
Section 11. Politically Exposed Person (PEP) Declaration
Please confirm whether you are a PEP or whether you are an immediate family member or close business associate of
a PEP.
Definition
A PEP is defined under the UK legislation as:
A person who holds or has held a high political profile or public office within the last 12 months.
Individuals entrusted with such prominent public functions include:
Heads of state, heads of government, ministers and deputy or assistant ministers;
Members of parliaments or of similar legislative bodies;
Members of supreme courts, of constitutional courts or of other high-level judicial bodies the decisions
of which are not subject to further appeal, except in exceptional circumstances;
Members of courts of auditors or of the boards of central banks;
Ambassadors, charges d’affaires and high-ranking officers in the armed forces. Members of the
administrative, management or supervisory boards of State-owned enterprises; and
Directors, deputy directors and members of the board or equivalent function of an
international organisation.
An immediate family member of a PEP.
Such family members include:
A spouse or partner of that person;
Children of that person and their spouses or partners; and
Parents of that person
Brothers and Sisters
A known close business associate of a PEP.
Such associates include the following:
An individual who is known to have joint beneficial ownership of a legal entity or legal arrangement, or
any other close business relations, with a PEP; and
An individual who has sole beneficial ownership of a legal entity or legal arrangement which is known to
have been set up for the benefit of a PEP.
I hereby declare that:
I do not consider myself to be a PEP I do consider myself to be a PEP
If you do consider yourself to be a PEP, please specify the position you hold or have held:
...................................................................................................................................................................................
I hereby declare that:
I am not an immediate family member or close business associate of a PEP
I am an immediate family member or close business associate of a PEP
If you are an immediate family member or a close business associate of a PEP, please provide details of
immediate family member or close business associate who is a PEP:
Full Name:
Position:
Relationship to
you:
I hereby further declare that that the information in this section is accurate and I will amend this declaration in
case of any changes to circumstances of my PEP status without any undue delay
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11 June 2023
Section 12. Appointment of Bankers and Mandate
Please open a Guaranty Trust Bank (UK) Limited account(s) for me.
I confirm that the information given is true and complete.
I authorise you to make credit reference checks, identity checks, sanction list checks and other enquiries in
accordance with your normal procedures.
I have received and read the Financial Services Compemsation Scheme (FSCS) Information
Sheet and Exclusions List, please tick here:
I confirm that I have read and understood the Terms and Conditions governing the operation of the
account(s) and other services/products and agree to be bound by them, please tick here:
Where applicable, I authorise you to apply charges and debit interest to my account(s).
Data Protection:
Guaranty Trust Bank (UK) Limited of 10 Great Castle Street, London W1W 8LP is the data controller for the purposes
of data protection law.
The information which you provide to Guaranty Trust Bank (UK) Limited ("GT Bank UK", "we" or "us") on this form, or
which we obtain from other sources (i.e. credit checks from credit reference agencies), including any sensitive
personal data, will be used by us in accordance with our Privacy Notice: https://www.gtbankuk.com/privacy-policy.
In particular, we will use information that we hold about you for the purposes of assessing your application, verifying
your identity (including anti-fraud checks) and checking your financial history, and if your application is successful, for
administering your account, monitoring transactions to help to identify illegal activity, keeping internal records,
improving our products or services and providing you with information about our other products and services, which
we think may interest you (provided you have consented to this). For a full list of purposes please see our Privacy
Notice.
We may share your personal information and information on the conduct of your account with credit reference
agencies, anti-fraud agencies, other lenders and third parties to assist them in: administering your account (including
card issuing and archiving), for fraud prevention and detection purposes, for audit purposes and for tracing debtors.
Some of these third parties may be located outside the European Economic Area ("EEA"), in which case we will take
all steps that are reasonably necessary to ensure that your personal information is treated securely and in accordance
with our Privacy Notice and applicable data protection laws, including, where relevant, entering into EU standard
contractual clauses (or equivalent measures) with the party outside the EEA receiving the personal information.
Please address any questions, comments and requests regarding our data processing practices to
dpo@gtbankuk.com or to DPO, 10 Great Castle Street, London W1W 8LP.
If you are happy to receive marketing communications from Guaranty Trust Bank (UK) Limited relating to our
products and services, please tick here*
If you are happy to receive marketing communications relating to products and services provided by other
members of the Guaranty Trust Bank Group, please tick here*
*You do not need to consent to this option in order to open your account with us. You can opt out at any time by
emailing to: enquires@gtbankuk.com or by following the instructions in any of the messages you receive.
Name:
Signature:
Date:
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12 June 2023
Section 13. General Data Protection Regulation (GDPR) Consent Statement
I hereby grant Guaranty Trust Bank (UK) Limited (the Bank) and all its third-party processors authority to process my
personal information/ data, for the purpose of;
Assessing my application and make decisions as to whether the Bank are able to provide me with the
products/services I have requested.
I am aware this is necessary for the Bank’s legitimate interests to process personal information for the purposes of
assessing my application form.
I am aware I can find a full description of what personal data the Bank collects and the purpose for collection and
processing on the Bank’s website: https://www.gtbankuk.com/privacy-policy.
Signed:
Name:
Signature:
Date:
13 June 2023
Section 14. Submitting Your Account Opening Form
1. Account Opening Forms
Account Opening Forms can be submitted in person or sent by post to our office in London.
Additionally, Non-UK residents can send their Account Opening Forms to us through one of the addresses listed
below.
Kindly ensure that copies of documents sent to us are certified (stamped and signed) by a notary public or a
senior member of staff of the Guaranty Trust Bank Group. Please DO NOT post original documents to us as
Guaranty Trust Bank (UK) Limited will not accept any liability for the loss or damage of original documents
sent via post.
Guaranty Trust Bank (UK) Limited
10 Great Castle Street
London W1W 8LP
Tel: +44 203 982 9019 and +44 207 947 9700
Or
Nigeria
Guaranty Trust Bank (UK) Limited
c/o GTBank UK Lagos Liaison Desk
Guaranty Trust Bank Plc
279 Ajose Adeogun Street
Victoria Island
Lagos, Nigeria
Tel: +23414480917, +2349053991912
Ghana
Guaranty Trust Bank (UK) Limited
c/o GTBank UK Ghana Liaison Desk
Guaranty Trust Bank (Ghana) Limited
16 Lagos Avenue, East Legon
PMB CT 416, Cantonments
Accra, Ghana
Tel: (+233 302) 544313, 544314, Ext. 211
Kenya
Guaranty Trust Bank (UK) Limited
c/o GTBank UK Kenya Liaison Desk
Guaranty Trust Bank (Kenya) Limited
Head Office, Plot 1870 Woodvale Close- Westlands
PO Box 20613-00200
Nairobi, Kenya
Tel: +254-203284000
We want to provide you with financial products that meet your goals, are fairly priced and clearly explained.
Please be sure to contact us if you have any questions or concerns about the Bank’s offering or services via
email: - customerservices@gtbankuk.com or Telephone: - 0203 982 9019 / 0207 097 9700.
Guaranty Trust Bank (UK) Limited is authorised by the Prudential Regulation Authority and regulated
by the Financial Conduct Authority and the Prudential Regulation Authority (FRN:466611)
Registered in England and Wales (Company Number: 05969821)
Registered Office: 10 Great Castle Street, London W1W 8LP
June 2023