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What documents are required to open a deposit?
What documents are required to open a deposit?
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Written by Tatjana Petjukevica
Updated over a week ago

For individuals, proof of source of funds is required. In some cases our partner bank may request proof of residence, which must be no older than 3 months. If you provide a taxpayer certificate, this may reduce the amount of withholding tax on profits. The default tax amount is 20%.

For legal entities, proof of source of funds is required, as well as some company statutory documents depending on the country of incorporation.

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