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Required Documents Check List

Schwab One International® Individual Account
Schwab One International® Corporate Account

Steps to open a new account:
  1. Sign and Date the account application forms
  2. Prepare and Complete the required documents on the Check List
  3. Mail completed forms and all required documents to:
Standard U.S. Mail:
Charles Schwab & Co. Inc.
Attn: International Operations
PO Box 982601
El Paso, TX 79998-2601
USA
International/Overnight Mail:
Charles Schwab & Co. Inc.
Attn: International Operations
1945 Northwestern Drive
El Paso, TX 79912-1108
USA
Account may be funded with stock certificate, cashier's check, Transfer of Account Form authorizing transferring from other financial institutions, or wire transfer.

SCHWAB ONE INTERNATIONAL® INDIVIDUAL ACCOUNT

Required documents from each individual account applicant and Power of Attorney (if applicable)
  • Schwab One International® Account Application Form
  • Substitute Form W-8BEN1—complete one form for each non-U.S. citizen/resident account holder. If there is a U.S. address in your account documentation, such as your mailing address or U.S. based Power of Attorney (POA), please supply the additional documents listed in the Form W-8BEN instructions.
  • Passport—clear copy of current passport pages containing photos, signature, personal information and Machine Readable Zone (MRZ) lines for each account applicant. Also required for any Power of Attorney (POA) on the account.
  • One bank (or financial institution) statement and one utility bill for each account holder dated within last six months. Both documents need to show matching name and home/legal address. (A post office box is not acceptable.)

    Examples of utility bill include:
    • Gas
    • Electricity
    • Water
Additional required documents (if applicable)
  • Schwab Power of Attorney Form2
  • Authorization to Purchase Offshore Investment Shares Form3
  • Schwab Transfer of Account Form4

If a U.S. address is being used or affiliated with the account, a Letter of Explanation is required.

If the account holder has a U.S. address and a mailing address in a country that is outside the country of permanent residence, a second Letter of Explanation is required (i.e., the account holder must provide one Letter of Explanation for the U.S. address and one Letter of Explanation for the mailing address in a different country).

Each account holder must complete an original signed Letter of Explanation specifying reason for needing to use or to have an affiliation with a U.S. address on account.

If your mailing address is a U.S. address, the letter must also state how you obtain your Schwab mail from this address and to whom the address belongs.


SCHWAB ONE INTERNATIONAL® CORPORATE ACCOUNT


Required documents

Forms

  • Schwab One International® Corporate Account Application
  • Substitute Form W-8BEN—There are four versions of Form W-8BEN. Please carefully read the instructions for Form W-8BEN to ensure that this is the appropriate version for you. If you require another version of the Form W-8BEN, please contact Schwab or visit the Internal Revenue Service (IRS) website (www.irs.gov) to download the appropriate form. This form must be completed where the account holder is a nonresident alien individual, foreign entity or an exempt foreign person of the U.S.

Proof of identity of the corporation

  • Your corporation's Memorandum and Articles of Association, or the equivalent
  • Additional Materials: We require a copy of a current statement from a financial institution and a copy of a current utility bill for the company with matching legal or mailing address.

    If your corporation is a personal investment company (i.e., an investment vehicle for an individual, family, or small group of persons), we require these documents for each beneficial owner, such as each shareholder or member of a corporation, and not from the corporation itself.

Proof of identity of relevant individuals

  • Passports—please provide a copy of the pages of the current passport that includes photo, signature, personal information, and Machine Readable Zone (MRZ) lines for each individual who:
    • controls the corporation (directors and executive officers)
    • controls the account (authorized agents)
    • is a beneficial owner if the corporation is not publicly traded; or, if it is publicly traded, each shareholder/member holding 10% or more interest in the corporation.
    Note: The name as it appears on the passport must match the relevant individual’s name on the account

  • One bank (or financial institution) statement and one utility bill for all Authorized Individuals, Control Persons, and Beneficial Owners if the corporation is not publicly trade, or, if it is publicly traded, for each shareholder holding 10% or more interest in the corporation. Both documents should be dated within last six months.

    Note: The bank (or other financial institution) statement and utility bill must show a street address identical to the address you enter on your account application and your Substitute Form W-8BEN. (A post office box is not acceptable.)
 Additional required documents (if applicable)
  • Proof of dual office holding: If one individual signs as the corporation's President and Secretary and there is more than one officer, proof must be presented to evidence the authority of the dual officeholder.
  • Schwab Power of Attorney Form2
  • Authorization to Purchase Offshore Investment Shares Form3
  • Schwab Transfer of Account Form4 
  • Add Options Trading and Margin to Your Account Form5