Being a financial institution, Boubyan Bank is subject to the regulations set by the IRS and OECD, which were enforced by the Kuwait Ministry of Finance through agreements signed by the Kuwaiti Government with the above-mentioned parties. Hence, to protect our clients and preserve our shareholders’ interests, we are committed to comply with FATCA and CRS regulations.
FATCA and CRS reflect a global trend to increase tax transparency and affects all U.S. persons and tax residents (whether individuals, entities, or entities which are substantially owned by U.S. person(s)/tax residents) in different countries/jurisdictions, transacting with financial institutions around the globe.
If you are a U.S. person or tax resident in another country, please visit your Boubyan Bank branch and fill out the required documents to ensure your compliance with FATCA and CRS requirements.
Frequently Asked Questions about FATCA and CRS:
FATCA
CRS
Boubyan Group GIIN’s
No. | Boubyan Entity | GIIN |
---|---|---|
1 | Boubyan Bank K.S.C.P | 2ACPDD.00000.LE.414 |
2 | Boubyan Capital Investment Company K.S.C.C | 2ACPDD.00001.ME.414 |
3 | Boubyan Financial Fund | 2ACPDD.00003.ME.414 |
4 | Boubyan KD Money Market Company Ltd | 2ACPDD.00002.ME.136 |
5 | Boubyan Multi Asset Holding Fund | 2ACPDD.00004.ME.414 |
Boubyan Bank's W-8BEN-E Form: