The client is to complete the individual application form (Completed and signed by the individual).
Opening an individual investment account requires the following documentation:
- Application Form (Completed and signed by the client).
- Power of Attorney (Signed by the client and a signatory of the investment manager).
- Cover Letter indicating brokerage profile, money manager fee and house structure (if relevant).
Supporting Documentation for a South African Individual (whether the account is being opened under an investment manager or directly as a retail client)
- South African Identity Document/card (both pages/sides)
- Tax document (W8BEN for offshore investment account / DTD for onshore investment account)
* The above list is not exhaustive, and additional documents may be requested (shareholder's documents, Proof of Residence, Proof of Banking, etc.)