(FORM TO BE SENT TO GLOBAL MARKETS, MUMBAI) --------------------------------

SBI FX TRADE: ACCOUNT OPENING FORM A. BANK ACCOUNT(S) DETAILS

Bank Name
Branch Name & Branch Code
Bank account no.
Account Type: Savings/Current
MICR Number
IFSC code
SBI
B. DEPOSITORY ACCOUNT(S) DETAILS (Not Applicable in this case)
Depository Participant Name
Depository Name (NSDL/CDSL)
Beneficiary name
DP ID
Beneficiary ID (BO ID)
C. TRADING PREFERENCES *Please sign in the relevant boxes where you wish to trade. The segment not chosen should be struck off by the client. Exchange Segment National Stock Exchange (NSE)
Cash
Currency Derivatives
F & O
Any other
# If, in future, the client wants to trade on any new segment/new exchange, separate authorization/letter should be taken from the client by the stock broker. D. PAST ACTIONS Details of any action/proceedings initiated/pending/ taken by SEBI/ Stock exchange/any other authority against the applicant/constituent or its Partners/promoters/whole time directors/authorized persons in charge of dealing in securities during the last 3 years: ………………………………………………………………………………………………………………………………… E. DEALINGS THROUGH SUB-BROKERS AND OTHER STOCK BROKERS If client is dealing through the sub-broker, provide the following details: Sub-broker’s Name: …………………………….…….. SEBI Registration number: ………………………….….… Registered office address: ……………………..…. Ph: …….……. Fax: ……….……. Website: …………………. Whether dealing with any other stock broker/sub-broker (if case dealing with multiple stock brokers/sub-brokers, provide details of all) Name of stock broker:……………………………………Name of Sub-Broker, if any:…………………………..….. Client Code: …………………………….Exchange: ……………………………….……………….…………..…. Details of disputes/dues pending from/to such stock broker/sub- broker: ……………………….………………….…………………………………………………………………………………
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F. ADDITIONAL DETAILS Whether you wish to receive physical contract note or Electronic Contract Note (ECN) (please specify): ……………………………………………………………………………….. Specify your Email id, if applicable: …………………………………………………………………………………………….. Number of years of Investment/Trading Experience: …………………………………………………………………………. In case of non-individuals, name, designation, PAN, UID, signature, residential address and photographs of persons authorized to deal in securities on behalf of company/firm/others: …………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Any other information: ……………………………………………………………………………………………………………. G. INTRODUCER DETAILS (Optional) Name of the introducer:………………………………………………………………………………………… (Surname) (Name) (Middle Name) Status of the Introducer: Sub-broker/Remisier/Authorized Person/Existing Client/Others, please specify…………………….. Address and phone no. of the Introducer………………………………………………………………………………… Signature of the Introducer:…………………………………….. H. NOMINATION DETAILS (for individuals only) I/We wish to nominate I/We do not wish to nominate Name of the Nominee: ………………………………………. Relationship with the Nominee: ……………………. PAN of Nominee: ………………………………………Date of Birth of Nominee: …………………………………… Address and phone no. of the Nominee: ………………………………………………………………………………… If Nominee is a minor, details of guardian: Name of guardian: ……………………… Address and phone no. of Guardian:…………………………………… ………………..……………………………………………………………………………………………………………… Signature of guardian …………………………………………………………………………… WITNESSES (Only applicable in case the account holder has made nomination) Name ------------------------- Name ----------------------------- Signature --------------------- Signature ------------------------ Address ----------------------- Address -------------------------- DECLARATION
1. I/We hereby declare that the details furnished above are true and correct to the best of my/our knowledge and belief and I/we undertake to inform you of any changes therein, immediately. In case any of the above information is found to be false or untrue or misleading or misrepresenting, I/we may be held liable for it
2. I/We confirm having read/been explained and understood the contents of the document on policy and procedures of the bank and the tariff sheet.
3. I/We further confirm having read and understood the contents of the ‘Rights and Obligations’ document(s) and ‘Risk Disclosure Document’. I/We do hereby agree to be bound by such provisions as outlined in these documents. I/We have also been informed that the standard set of documents has been displayed for Information on bank’s website, www.sbi.co.in
Place: _____________________ Date:______________________ (________________________________) Signature of Client/(all) Authorized Signatory (ies)
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FOR OFFICE USE ONLY UCC Code allotted to the Client ________________________________________(to be allotted by Processing Cell, Mumbai) To be filled by the Branch official
Documents verified with Originals
Client Interviewed By
In-Person Verification done by
Name of the Employee
Employee Code
Designation of the employee
Date
Signature
I / We undertake that we have made the client aware of ‘Policy and Procedures’, tariff sheet and all the non-mandatory documents. I/We have also made the client aware of ‘Rights and Obligations’ document (s), RDD and Guidance Note. I/We have given/sent him a copy of all the KYC documents. I/We undertake that any change in the ‘Policy and Procedures’, tariff sheet and all the non-mandatory documents would be duly intimated to the clients. I/We also undertake that any change in the ‘Rights and Obligations’ and RDD would be made available on my/our website, if any, for the information of the clients. _____________________________ Signature of the Authorised Signatory (Branch Manager) Date ______________________ Stamp of the Branch
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INSTRUCTIONS/CHECK LIST
1. Additional documents in case of trading in derivatives segments – illustrative list: (only one to be submitted) Copy of ITR Acknowledgement Copy of Annual Accounts In case of salary income - Salary Slip, Copy of Form 16 Net worth certificate Copy of demat account holding statement. Bank account statement for last 6 months Any other relevant documents substantiating ownership of assets. Self declaration with relevant supporting documents
*In respect of other clients, documents as per risk management policy of the stock broker need to be provided by the client from time to time.
2. Copy of cancelled cheque leaf/ pass book/bank statement specifying name of the constituent, MICR Code or/and IFSC Code of the bank should be submitted. (Optional)
3. Demat master or recent holding statement issued by DP bearing name of the client. (Optional)
4. For individuals:
a. Stock broker has an option of doing ‘in-person’ verification through web camera at the branch office of the stock broker/sub-broker’s office.
b. In case of non-resident clients, employees at the stock broker’s local office, overseas can do in-person’ verification. Further, considering the infeasibility of carrying out ‘In-person’ verification of the non-resident clients by the stock broker’s staff, attestation of KYC documents by Notary Public, Court, Magistrate, Judge, Local Banker, Indian Embassy / Consulate General in the country where the client resides may be permitted.
5. For non-individuals:
a. Form need to be initialized by all the authorized signatories.
b. Copy of Board Resolution or declaration (on the letterhead) naming the persons authorized to deal in securities on behalf of company/firm/others and their specimen signatures.
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Additional Details for Online Trading 1. Name of the Client: ________________________________________________________________________________________ 2. Category
Corporate
Retail 5. Full Address of the Client with PIN No.
PIN No: □□□□□□ 6. Telephone No. of Client _____________________________________ Mobile No________________________________ 7. Fax no of Client___________________________________________________________________________________________ 8. PAN No of Client __________________________________________________________________________________________ 9. Recommended Brokerage Category of the client (The recommendation has to be based on the business potential from the client. The category would be reviewed at periodic intervals by Global Markets, Mumbai, upon analysis of the actual performance of the client against the category volumes.) Category Brokerage Volume Expectation (per month)
Platinum Rs 5/lot for sell/buy trades => 5 crores
Diamond Rs 7.5/lot for sell/buy trades =>1 crore <5 crores
Gold Rs 10/lot for sell/buy trades =>25 lakhs < 1 crore Silver Rs 12.5/lot for sell/buy trades Up to 25 lakhs (Please tick the applicable category) 10. Internet banking user name ____________________________________________ (Case sensitive) 11. E mail ID of the client _____________________________________________________
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12. Detail of any one identification (Other Than PAN Card) Passport □ Any other □ ____________________________(Pls specify) Voter ID □ Driving License. □ (Pl tick in appropriate boxes) Identification No ________________________________ Date of Issue_______________________ Place of Issue_____________________________________ Expiring on________________________ To be filled in by the Branch forwarding the application 16. Full Address of the Branch with PIN No. and Contact No. _____________________________________________________________________________________________ ____________________________________________________________________________________________ _____________________________________________________________________________________________ PIN No: □□□□□□ Contact No. __________________________ Name and Mobile No. of contact person in branch:________________________________ 17. Date of execution of Documents ________________________________________________ Undertaking
1. We have undertaken the necessary AML & KYC documentation.
2. We confirm that we have in person verified of the client.
3. We undertake that we have verified the photocopy of the documents with the original.
4. We undertake that we have delivered the copies of Client Registration Documents viz.PPD (Policies & Procedures Document), RDD (Risk Disclosure Documents) etc.
5. We confirm that KYC booklet/form is complete in all respects.
6. PAN Number has been verified with the Income –Tax web-site.
____________________________________ (Sign of the Branch Manager with the Branch stamp) Name of the Branch Manager: ____________________________________ Place: ___________________
Date: ___________________
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(Forward a copy of this undertaking to Global Markets, Mumbai) UNDERTAKING
1. I undertake that I have received the copies of duly completed Client Registration Documents viz. Constituent Registration Form, Rights and Obligations document, Risk Disclosure Document, Policies and Procedures document, Tariff Sheet.
2. I understand that Bank is doing Proprietary trade in Currency Futures product.
3. I undertake to communicate any change in my e-mail id through a physical letter to the Bank.
4. I undertake to communicate any other change viz. Bank details, Communication address etc through a physical letter supported by relevant proofs.*
5. I give my consent that any excess margin above the prescribed limit to be settled quarterly.
(__________________________) Signature of the individual constituent Signature of the above client attested. Signature of the Branch Officials attesting signature Name of the Official: Stamp of Branch: Place: ………………………… Date: ………………………… (Brach should retain one copy of the duly signed undertaking obtained from the client and send another copy with this forwarding letter.) (* Any change request should be routed through home Branch attesting the client signature.)
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KYC Registration Agency Regulations, 2011 SEBI has instructed all intermediaries to upload KYC documentation of their clients to a KYC registration agency to centralize the KYC records in the securities market. (SEBI Circular MIRSD/Cir-23/2011).
In this regard, we wish to inform the client that all the KYC documentation provided by you will be uploaded to a SEBI-registered KYC Registration Agency’s system. These details can then be accessed by any other intermediary when client approaches them.
The charges for uploading new KYC documents or for fetching and verifying existing KYC documents will be passed on to the client.
The current applicable charges are as follows:-
Uploading new client KYC details
Rs. 30 + applicable service tax /-
Fetching/downloading existing KYC documents
Rs. 20 + applicable service tax /-
Updating existing documents
Free
------------------------------------------------------------------------------------------------------------------------------------------------- I,____________________________, have read and understood the KRA Regulations,2011 and give my consent to State Bank of India to upload my KYC documents to/fetch my KYC records from a SEBI-registered KRA’s system. I also consent that relevant charges for the KRA process may be debited to my bank account. (_____________________________) Signature of Client Place:__________________________ Date:__________________________
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Please check the following before forwarding the form to the processing cell
1. KYC Form
The KYC form (Annexure-2) is a single page form that is page number 3 in part 1 of the form. Please ensure
a. Client affixes a recent passport size photograph and has signed across the photograph.
b. The form is duly filled and signed by the applicant.
c. The branch authority signs as the authorised signatory and affixes the stamp of the branch on ‘Seal/Stamp of the intermediary’.
d. Client submits a proof of identity, proof of address and PAN card copy as KYC supporting documents. (A checklist for admissible KYC documents can be found on pg 5 to pg 7)
e. The KYC supporting documents bear ‘verified with original’ stamp alongwith sign and S.S. No. of the branch official and stamp of the branch
2. Form to be sent to Global Markets (Part 2 of the form)
The entire form is to be sent in original to Global Markets department. Please ensure
a. Client signs in currency derivatives box under trading preferences (pg 1)
b. 2 witnesses sign in case client wishes to nominate someone (pg 2)
c. Client signs declaration on pg 2
d. Branch employee(s) sign in the relevant cells of the table. All boxes are to be filled by the branch employee(s). (pg 3)
e. Branch Manager signs as authorised signatory with S.S. No. and stamp of the branch is affixed (pg 3)
f. Client submits one of the 8 documents mentioned in table on pg 4 other than the KYC supporting documents
g. Branch officials sign on pg 6 in the space provided
h. Client signs on the undertaking (pg 7)
i. Branch official signs with S.S. No. on the undertaking and affixes branch stamp (pg 7)
j. Client signs on KYC Registration Agency Regulations page (pg 8)
k. The form is duly filled.
As per bank circular IBG/FD/FD-MISC/135/2012 - 13, all the original completed & signed forms and KYC verified with original documents are to be sent to: Processing Cell (Currency Futures), 14th Floor, Global Markets, Corporate Centre, SBI Bhavan, Madam Cama Road, Mumbai- 400021 Ph: 022-22833113, 22741487 Fax: 022-22741488 Branch must maintain a proof of dispatch for the documents sent. It is advisable to maintain a copy of the form sent to the Mumbai office. It is also mandatory that a copy of the completed and signed form be given to the client.