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Sam
Sam, Accountant
Category: Tax
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I'm trying to open a business bank account small limited

Customer Question

I'm trying to open a business bank account for a small limited company, wanting to open a small ice cream shop in my local town . I've been given a tax for to fill out asking:
1, is the organisation an FFI
Answers reporting, sposor, other or no.
If I answer anther other than no I need to provide a GIIN
If I answer no I then need to answer
- Is the organisation a NFFI
Answers:
Active NFFI
Passive NFFI
Public traded
Exempted territory NFFI
Exempted non financial group entery
International organisation
Forigen...
Submitted: 1 year ago.
Category: Tax
Expert:  taxadvisor.uk replied 1 year ago.

Thank you for your question...

Who has given you a tax form to complete?

Are you based in the UK as I have never heard of this when opening a personal or business account in the UK?

Many thanks

Customer: replied 1 year ago.
Royal bann of ScotlandYes uk based
Expert:  taxadvisor.uk replied 1 year ago.

Thank you for your reply...

Are you able to send me an image of the form as I don't recognise these terms.. I have helped open many accounts for clients..

many thanks

Customer: replied 1 year ago.
These are all the questions it asks
Expert:  taxadvisor.uk replied 1 year ago.

Thank you for your reply and for the images

I have studied the forms.. please advise why you are filling this form if you are UK based company wishing to open a local account and not foreign account?

Have you been give the wrong form or have you downloaded this form yourself?

Many thanks

Expert:  taxadvisor.uk replied 1 year ago.

Are you a US citizen or a UK citizen?

many thanks

Customer: replied 1 year ago.
I phoned the bank again and got someone to help me through it, it was the right form

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