Financial crime literature updates

Yes, you'll still need to download the latest version from our website to edit the form digitally or print it and send it to:

Cater Allen Operations
Sunderland
SR43 4FB

Yes, as long as you read and understand all the sections in the form your intermediary can help you complete it.

Yes, you can find all the latest forms on our Account literature page.

Yes, unless the form tells you to skip a question. If it doesn't, you'll need to answer every question, or we may not be able to proceed with your application. The questions in the form help us to open your account correctly first time, understand your needs and help in the fight against financial crime.

Yes, you must answer all the questions even though you're an existing customer. Please let us know if there's been a change to any of your details. We'll need to return the form to you if you don't complete the Renewal Mandate.

All forms refer to an additional sheet if there isn't enough space to write your information. Please make sure you use one if you need to. Alternatively, please fill out the 'Additional Information' section at the end of the form.

We'll still accept the previous version of the forms until 16 December, but we can't process any previous versions after that date.

This is any income you've received from student-based activities or funding that's been paid into your account.

It's important to complete the questions about your business in full. This includes questions around key suppliers, agents, distributors and key trading partners and their locations.

A key supplier is third party who provides components or items for your business.

An agent or distributor is usually an independent entity or individual who sells products on behalf of your business.

A key trading partner is an entity which provides or manages the exchange of goods or services.

SIC stands for Standard Industrial Classification. It's a code which provides a description of your company's nature of business. You can find a full list of SIC codes on gov.uk.

Where your business is registered outside the UK, you'll need to provide your business TIN. You can find this in the top right corner of a tax assessment issued by a foreign tax office or the equivalent for paying tax in jurisdictions outside the UK.

Yes, the first question relates to the initial deposit into your new account. The next question is asking you about the ongoing or regular deposits into the account, e.g. your salary. You could tick the same option for each question.

This question relates to the initial deposit into the account and where these funds come from. Please tick the relevant boxes and provide the value and country the funds originated.

This question is about your ongoing funds or regular deposits into the account, e.g. your salary. Please tick the relevant boxes and provide the value and which country the money came from.

This is so that you can clearly see how much money you've earned personally and, as well as what your business earned.

Please calculate how much money the business is predicting to make over the next 12 months. Please note, this question relates to the whole business, not just the account and can be an estimate.

Please make sure you provide the documentation requested in section 10.

Please provide us with as much detail as possible including what type of work you do within your sector, e.g. software development within IT sector and what your role is day to day.

A nominee shareholder agreement is a company or individual that takes on the role of shareholder on behalf of actual shareholder (company founder).

Voting rights are rights granted by the holding of a share or shares in a company that grant the holder the option to vote in certain activities. The voting rights percentage is the percentage of voting rights you hold in that company.

A Joint Venture is a business arrangement where two or more parties agree to pool their resources. In a joint venture arrangement, each of the participants is responsible for profits, losses and costs associated with it. However, the venture is its own entity, separate and apart from the participants' other business interests.

A Community Interest Company (CIC) is a company that wants to use their profits and assets for the public good. A CIC is expected to make a profit or surplus whereas a charity is considered a not for profit organisation which should not profit from the work it carries out.

Consolidated status refers to consolidation of the subsidiary's financial results into those of the parent, such that they are presented as the financial results of a single economic entity i.e. a group.

A majority owned company is controlled by a shareholder who owns more shares in it than any other shareholder. Majority owned refers to effective ownership or control (e.g. via voting rights or other form of control) by the parent company listed on an Approved Exchange of more than 50% of the share capital of the subsidiary.

Please answer this as accurately as possible taking into account regular credits and deposits. We appreciate you may not get this exactly right.

You'll need to provide audited annual reports and accounts, financial statements or a signed letter from a third-party solicitor or accountant registered with an Approved Professional Body.

Yes, the first question relates to the initial deposit into your new account. The next question is asking you about the ongoing or regular deposits into the account, e.g. pension income. You can tick the same option for each question.

Please answer this as accurately as possible taking into account regular credits and deposits. We appreciate you may not get this exactly right.

A Key Controller is an individual appointed to exercise direct control over a company or business and is a key decision maker.

Where your business is registered outside the UK, you'll need to provide your TIN. You can find this in the top right corner of a tax assessment.