Users' questions

Where do I send my W-8BEN form Bank of America?

Where do I send my W-8BEN form Bank of America?

Submission of the Form: After completing and signing Form W-8BEN, you must submit it to BB Americas Bank via your Online Banking access.

Why is my bank asking for a w8ben?

Form W-8BEN, a Certificate of Foreign Status of Beneficial Owner for U.S. Tax Withholding, is used by a foreign person to establish both foreign status and beneficial ownership, and to claim income tax treaty benefits with respect to income other than compensation for personal services.

How do I fill out a W-8BEN form in the US?

How Do I Fill Out Form W-8BEN?

  1. Line 1: Enter your name.
  2. Line 2: Enter your citizenship.
  3. Line 3: Enter your mailing address.
  4. Line 5: Enter your U.S. taxpayer identification number.
  5. Line 6: Enter your foreign tax identifying number.
  6. Line 8: Enter your date of birth.

What do you need to know about Form W-8 Ben?

About Form W-8 BEN, Certificate of Status of Beneficial Owner for United States Tax Withholding and Reporting (Entities) Give Form W-8 BEN to the withholding agent or payer if you are a foreign person and you are the beneficial owner of an amount subject to withholding.

Do you have to file Form W-8BEN with BB Americas Bank?

By completing a Form W-8BEN, you confirm to us that you are not a U.S. Taxpayer and you will avoid having taxes withheld from your interest payments. Form W-8BEN is mandatory for all foreign customers who hold an account with BB Americas Bank.

What is the permanent residence address on form W-8BEN?

Your permanent residence address is the address in the country where you claim to be a resident for purposes of that country’s income tax. If you are completing Form W-8BEN to claim a reduced rate of withholding under an income tax treaty, you must determine your residency in the manner required by the treaty.

Where to put reference number on form W-8BEN?

This may be done by including the name and account number of the disregarded entity on line 7 (reference number) of the form. However, if the disregarded entity is claiming treaty benefits as a hybrid entity, it should complete Form W-8BEN-E instead of this Form W-8BEN.