Important Information about the Procedure for Opening an Account at Digital International Bank Inc.

Federal law requires financial institutions to obtain, verify, and maintain records of information that identify each person who establishes an account with the institution. This is for the purpose of helping the government of the United States and its territories combat the financing of terrorism and money laundering activities.

To open an account, the client must provide his name, address, date of birth and other information that allows us to fully identify him, including his identity card and other identification documents.

Please fill, sign and send all required forms/documents.

1. Documents that each client must complete and/or sign

• Personal Account Application – Form 002 (Is not required if the form is completed Online)
• W-8BEN* or W-9** signed and dated

2. Documents to be provided by the client

• Passport – Face Page Color scan/photo of full passport face page (no cropped edges), MUST be valid, (not expired)                 
• Government Issued ID – Color scan/photo both sides of full government ID card or document (no cropped edges), MUST be valid (not expired),                             
• Proof of Residential Address – Document MUST be in the name of ID holder, within no more than 90 days of issuance as Electricity Company/Gas, Water, Stationary TV Cables/Internet Etc.                       
• Source of Income – Bank Statement Last 3 Months with Salary Mentioned in the Bank Statements, Annual Tax Returns.

Notice: Primary language will be English, if documents are not in English, we will require a certification of translation of these documents.

3. Informative documents that are available on the website

• Deposit Account Agreement for Personal Accounts
• Privacy Policy

*Form W-8BEN must be completed by non-residents of the United States of America. In case the client has indications of being or is American, the Bank could make a 30% withholding on each transaction if the client does not declare tax status.

**Form W-9 must be completed by residents of the United States.

Notice: The Bank reserves the right to request additional information as it deems necessary. The applicant must record all the forms, duly completed and signed, as well as the requirements described above. In the absence of these, the bank will not initiate the account opening process. Once completed, you can send the digitized documents to customercare@bankdib.com.

The funds deposited in the accounts, are not insured by the government of the States United States of America. Digital International Bank Inc. is regulated by the Office of the Commissioner of Financial Institution of Puerto Rico.

Important Information about the Procedure for Opening an Account at Digital International Bank Inc.

Federal law requires financial institutions to obtain, verify, and maintain records of information that identify each person who establishes an account with the institution. This is for the purpose of helping the government of the United States and its territories combat the financing of terrorism and money laundering activities.

To open an account, the client must provide his name, address, date of birth and other information that allows us to fully identify him, including his identity card and other identification documents.

DIB, by virtue of internal policies, will not open accounts to Companies with Bearer Shares or that has the capacity to issue them. For existing companies, they will be asked for information about their trajectory and the relationships with their affiliates.

Please fill, sign and send all required forms/documents.

1. Documents that each client must complete and/or sign

• Commercial Account Application – Form 001 (Is not required if the form is completed Online)
  • Appendix A – Additional Director(s) (Is not required if the form is completed Online)
  • Appendix B – Additional Shareholder(s) above 10% (Is not required if the form is completed Online)
• Certification of Beneficial Owner(s) and Key Controller
• Certification of Corporate Resolution to open a bank account
• W-8BEN-E* or W-9** signed and dated

2. Documents to be provided by the client

• Certificate of Incorporation – Require for Corporations, Limited Liability Companies (LLCs) or Partnerships (Limited Partnerships, Limited Liability Partnerships)                  
• Company by-laws / Memorandum / Articles of Incorporation / Partnership Agreement / Operation Agreement (as applicable) – Color scan of chosen document, choose only ONE (1) of the options                             
• Certificate of Good Standing – Color scan issued by the Government where the business is registered with no more than 30 days of issued                     
• Beneficial Owner(s) (10% or More) and Key Controller Certification – Download (Beneficial Owners and Key Controller Certification document) , Complete and signed by the Key controller-
• Proof of Business Address – Document MUST be in the name of the organization, within no more than 90 days of issuance Document MUST be in the name of ID holder, within no more than 90 days of issuance as Electricity Company/Gas, Water, Stationary TV Cables/Internet Etc.                        
• Certification of Corporate Resolution to open a bank account- Corporate Seal, Complete and signed, If the company is held by more than one shareholder, an UWC will be require with the Corporate Resolution to Open a Bank Account will be required                      
• Verification of source of income – Recent financial statements (balance sheet, income statement, cash flow statement) reviewed or audited by a CPA with last 3 bank statement or Business Annual Tax Return. Companies less 1 Yr. incorporated must include the SoW Declaration of its Shareholders                  
• W-8BEN-E/ W9 – Certificate of Status of Beneficial Owner for United States Tax Withholding and Reporting (Entities)                   
• EIN/TIN Number Certification – Copy of the current federal tax identification number (EIN) or Tax Identification Number (TIN) for Entities outside of the USA or its equivalent                  
• Business License – Permit from the state, local or federal government that allows operate a certain kind of business
• Copy of two (2) legible and current identification documents, e.g. passport or driver’s license, of ALL shareholders, directors and/or persons with control in the Company and Proof of address within no more than 90 days of the account opening of ALL shareholders, directors and/or persons with control in the Company

Notice: Primary language will be English, if documents are not in English, we will require a certification of translation of these documents.

3. Informative documents that are available on the website

• Deposit Account Agreement for Business Accounts
• Privacy Policy

*Form W-8BEN-E must be completed by non-residents of the United States of America. In case the client has indications of being or is American, the Bank could make a 30% withholding on each transaction if the client does not declare tax status.

**Form W-9 must be completed by residents of the United States.

Notice: The Bank reserves the right to request additional information as it deems necessary. The applicant must record all the forms, duly completed and signed, as well as the requirements described above. In the absence of these, the bank will not initiate the account opening process. Once completed, you can send the digitized documents to customercare@bankdib.com.

The funds deposited in the accounts, are not insured by the government of the States United States of America. Digital International Bank Inc. is regulated by the Office of the Commissioner of Financial Institution of Puerto Rico.