Instructions: Bank of America:

Transcription

1 Instructins: 1. Print ut pages 2 and 3 frm this packet. Cmplete the frms t the best f yur ability. If yu have mre than ne persn that will be an wner n the bank accunts please print ut and cmplete Page 2 fr each additinal persn. 2. a cpy f Passprt and current Credit/Debit Card fr each wner t [email protected]. These will be used t prvide as ID t the bank in accunt pening prcess. 3. Articles f Organizatin r Articles f Incrpratin and Cmpleted EIN (SS-4 Frm) t [email protected]. 4. Once yu have cmpleted these frms as much as pssible please t [email protected]. Bank f America: Our Australian investrs are pening bth an LLC bank accunt as well as a persnal bank accunt. The persnal bank accunt is being established t start the clck n an individual s credit (and future hpe f btaining financing). In rder fr an ITIN number t be generated, the bank must reprt t the IRS at least $10 f interest incme in a savings accunt. Fr the business accunt under the LLC name yu will want t set up a nce a mnth purchase with yur debit card. Preferable this will be used fr yur cst fr setting up and maintaining a US mailing address. Having that ne time a mnth purchase with yur card will prevent any maintenance fees frm the bank and als better track yur expenses frm the LLC. Yu are nt required t use ur banker and if yu are nt planning t cme t rientatin please plan t make arrangements fr accunts separately.

2 Persnal Infrmatin Name: Male _Female Cuntry f Citizenship: Dual Citizenship (Y r N) 2nd Cuntry f Citizenship: Cuntry f Residency: United States Scial Security Number (ITIN) (if applicable): Special Freign Status (diplmat) _Yes _N Freign Address: Current Address Since (Mnth/ Year): Rent r Own hme? Internatinal Phne: address: Mther s Maiden Name: Annual Incme: Surce f Incme/ Emplyer Name: If surce f incme is emplyment: Occupatin/Title: Current Emplyer Since (Mnth/ Year): If Surce f incme is Self please specify Industry:

3 If yu are retired please write Retired in Surce f Incme/ Emplyer Name Date f Retirement (Mnth/ Year): Business Infrmatin Business Name: Legal Designatin (LLC, Crp, etc.): State filed in (circle ne): NEVADA WYOMING TEXAS TENNESSEE OHIO GEORGIA Owner/Pres: 2 nd acct wner/signer: Phne: 3 rd acct wner/signer: Phne: Accunt Funding (Minimum pening depsits) Persnal Checking - $125 USD Persnal Savings - $25 USD Business Checking - $250 USD

4 Miscellaneus infrmatin If pssible, US mail bxes shuld include business name t ensure the delivery f business dcuments and SafePass card Swift cde: BOFAUS3N Wire transfer ruting number Yur accunt number can be fund n the bttm f yur checks. It is the last 10 digits n the bttm right hand side f the check. Example Please d nt send Bank f America assciates s cntaining accunt numbers, as this is against bank plicy and fr the prtectin f yur accunt. Yu may, hwever, send attachments including business dcumentatin files. If yu require that a transactin be dne, r maintenance dne n yur accunt, yu may send the request via . Hwever, we are required t als verify this infrmatin by telephne as well. If yu wuld like t pen additinal accunts while yu are nt in the US, yu may d s n an exceptin basis. Hwever, the accunt pening dcuments must be ntarized. Ntaries can be lcated at US embassies. Justice f Peace verificatin is nt admissible, as we d nt use them in the US. Bill Pay vs. Transfers

5 A. Transfers (des nt apply t Transfers Outside Bank f America) Prcessing f Transfer Requests Transfers can be made in 2 ways, n a 1-time r recurring basis. One-time transfers may be immediate r scheduled fr a future date. The recurring transfer feature may be used when a set amunt is transferred at regular intervals. Fr example, $100 transfers frm a checking t a savings accunt which ccurs every 2 weeks. One-time immediate transfers can be made frm a linked Bank f America checking, savings, mney market, line f credit, credit card r brkerage accunt t mst linked Bank f America accunts. Scheduled and recurring transfers can be made frm a linked Bank f America checking, savings, mney market, r credit card accunt t a linked checking r savings accunt. Scheduled and recurring transfers can be made between a linked MLPF&S investment accunt and a linked Bank f America checking, savings r mney market accunt. Transfers can be made frm a linked Bank f America persnal r sle prprietr checking, savings, mney market r line f credit accunt t mst persnal r sle prprietr checking, savings, r mney market accunts f ther Bank f America custmers. Washingtn, Idah, Military Bank and sme ther custmer accunts, including thse with freign addresses, cannt be set up t receive funds. Transfers frm a depsit accunt (excluding investment accunts) are immediately reflected in the accunt s available balance. Transfers frm a credit card r a line f credit accunt are immediately reflected in the accunt s available credit amunt. Transfers frm a MLPF&S investment accunt (except fr Banc f America Online Investing, Pwered by Merrill Lynch accunts) are immediately reflected in the accunt's available balance. Scheduled and Recurring Transfers Transfers scheduled fr a weekend r a nn-bank business day will be prcessed n the prir bank business day. All ther scheduled and recurring transfers will be prcessed frm the funding accunt at the beginning f the business day requested. This functinality is nt currently available fr sme Banc f America Online Investing, Pwered by Merrill Lynch investment accunts. Transfers t Credit Accunts

6 Funds transferred as a payment t a credit card, line f credit, installment lan r mrtgage accunt befre 11:59 p.m. ET will be credited with the date the payment is submitted. Transfer payments submitted after 11:59 p.m. ET will be credited with the next day s date. Updates t accunt balances, funds availability, and transactin psting may take up t 2 bank business days. Transfers t Depsit Accunts Fr custmers having pened their depsit accunt in any state except Califrnia, funds transferred t that accunt (excluding transfers frm a credit card r an investment accunt) prir t 10:45 p.m. ET n a business day will appear with the same day's date in the depsit accunt transactin histry. Fr custmers having pened their depsit accunt in the state f Califrnia, funds transferred t that accunt (excluding transfers frm a credit card r an investment accunt) prir t 10:45 p.m. PT n a business day will appear with the same day's date in the depsit accunt transactin histry. Transfers t a Bank f America checking accunt made after 10:45 p.m. as described abve n a business day but befre 11:59 p.m. as shwn in the table belw will be included in the balance we use t pay transactins that night. This prcess may impact when fees apply t yur accunt. Credits can help yu avid verdrafts, returned items and related fees. Hwever, debits may cause yu t incur verdrafts, returned items and related fees. Please nte that althugh these transfers are included in the balance we use t pay transactins that night, they will appear with ur next business day's date in the depsit accunt transactin histry. State Where Accunt Was Opened After Business Day Cut-Off Transactin Deadline CA 11:59 p.m. PT AR, AZ, IA, IL, IN, KS, MI, MO, NM, NV, OK, OR, TX 11:59 p.m. CT CT, DC, DE, FL, GA, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, TN, VA 11:59 p.m. ET Please nte, transfers t any depsit accunt n a Saturday, Sunday r bank hliday, will appear with ur next business day's date in the depsit accunt transactin histry. All transfers submitted t a depsit accunt (such as checking, savings, mney market), except fr transfers frm a Banc f America Online Investing, Pwered by Merrill Lynch investment accunt, are immediately reflected in the accunt's available balance Transfers t a depsit accunt frm a Banc f America Online Investing, Pwered by Merrill Lynch investment accunt, submitted befre 1:30 p.m. ET, are reflected in the depsit accunt's available balance at the beginning f the next bank business day. Transfers submitted after 1:30 p.m. ET r n a nn bank business day are reflected in the depsit accunt's available balance at the beginning f the secnd bank business day fllwing the day the transfer was submitted. Transfers t r frm Banc f America Online Investing, Pwered by Merrill Lynch Investment Accunts Transfers submitted t r frm an MLPF&S investment accunt befre the cut-ff time f 4:45 p.m. ET n a bank business day are psted t yur investment accunt n the same day. All transfers submitted after the cut-ff time r n a nn bank business day are psted t yur investment accunt at the beginning f the next bank business day fllwing the day the transfer was submitted.

7 B. Online Banking Bill Payment Prcessing 1. Descriptin f Service Bank f America custmers with a depsit accunt may use the ptinal Bill Payment service in the fllwing manner: Payments can be scheduled frm linked checking, mney market savings, and HELOC accunts. (Des nt apply t HELOC accunts pened in Texas.) Payments can be scheduled frm a persnal checking r mney market savings accunt maintained at anther financial institutin that yu have added thrugh the bill payment service. Yu certify that any accunt yu add thrugh the bill payment service is an accunt frm which yu are authrized t make payments, and any payment yu make using the bill payment service will debit an accunt that yu are legally authrized t use. When yu add an accunt maintained at anther financial institutin, yu d nt change the agreements yu have with that financial institutin fr that accunt. Yu shuld review thse agreements fr any applicable fees, fr limitatins n the number f transactins yu can make, and fr ther restrictins that might limit yur use f the accunt with the Bill Payment service. Payments can be entered as a 1-time transactin up t a year in advance, recurring transactins r as payments that are autmatically scheduled upn the receipt f an electrnic bill (e-bill). Payments (ther than payments t a Bank f America credit card accunt) entered n ur system befre 5:00 p.m. ET n a bank business day will be scheduled and begin prcessing n the same bank business day. Payments that are entered after this cut-ff time r n a day that is a nn-bank business day will be scheduled and prcessed the next bank business day. Scheduled recurring payments that fall n a weekend r a nn-bank business day will be prcessed n the prir bank business day. Yu authrize us t make payments in the manner we select frm the fllwing methds: 2. Scheduling Bill Payments Electrnic transmissin. Mst payments are made by electrnic transmissin. Crprate check- This is a check drawn n ur accunt r the accunt f ur vendr. If a Payee n a crprate check fails t negtiate the check within 90 days, we will stp payment n the check and recredit yur accunt fr the amunt f the payment. If a crprate check is returned t yu prir t the end f the 90 day perid, please infrm us immediately s that we can stp payment n the check and recredit yur accunt. Persnal check This is a check drawn n yur accunt based n yur authrizatin under this Agreement. The scheduled delivery date is the date yu enter fr the payment t be delivered t the Payee. Fr payments made by electrnic transmissin r crprate check, the payment amunt will be debited frm, r charged t the accunt that yu designate n the scheduled delivery date. If the scheduled delivery date is a weekend r nn-bank business day, then the delivery date will be the prir bank business day. Fr payments made by persnal check, the accunt yu designate will be debited when the check is presented t us fr payment which may ccur befre, n r after the scheduled delivery date. Fr payments t a Bank f America lan, line f credit, r mrtgage, Bank f America will prcess and credit the payment t the apprpriate accunt effective the same business day, prvided the payment is scheduled prir t the 5:00 p.m. ET cut-ff.

8 Fr payments t a Bank f America credit card, Gld Optin and GldReserve accunts, Bank f America will prcess and credit the payment t the apprpriate accunt effective the same day, prvided the payment is scheduled prir t the 11:59 p.m. ET cut-ff. When yu attempt t schedule a payment, we will infrm yu f the earliest available delivery date. T assure timely payment and btain the full benefit f the Online Banking Guarantee, yu must schedule payments and yur accunt must be in gd standing at least fur (4) bank business days befre the payment due date. If yu d nt, r if fr any reasn yur accunt is nt in gd standing, yu will be fully respnsible fr all late fees, interest charges r ther actin taken by the Payee. If we are unable t cmplete the payment because f insufficient funds in yur accunt r sme ther reasn, we will send yu an alert t the address yu have prvided with this Agreement. We will als ntify yu if yur accunt is n lnger in gd standing and eligible t be used fr bill payments. As indicated abve, sme payments may be made by a persnal check. Since we can't predict the exact date that a persnal check will be presented t us fr payment, please make sure yu have sufficient funds in yur accunt beginning a few days befre yur scheduled delivery date and keep such funds available until the payment is deducted frm yur accunt. Bank f America credit card nly custmers may use the ptinal Bill Payment service in the fllwing manner: Payments t yur Bank f America credit card accunt can be scheduled frm depsit r mney market depsit accunts maintained at anther financial institutin. Payments can be entered as a 1-time transactin up t a year in advance, r as payments that are autmatically scheduled upn the receipt f an electrnic bill (e-bill). Payments entered n ur system befre 11:59 p.m. ET will be applied t yur credit card accunt n the same day. Payments entered after this cut-ff will be scheduled and prcessed n the next bank business day. Fr all entries, the time is recrded n ur cmputer cntrls. The payment date will default t the current bank business day prir t the 11:59 p.m. ET cutff time. If the financial institutin upn which yur payment is drawn rejects, refuses, r returns the payment, the payment t yur Bank f America credit card will be reversed and yu may incur late payment r ther fees. The institutin hlding yur depsit accunt may impse a returned item r ther fee. See yur credit card and depsit accunt agreements fr details. D. Limitatins and Dllar Amunts fr Transfers and Payments (des nt apply t Transfers Outside Bank f America) Transfers and Payments made using Online Banking are subject t the fllwing limitatins: Bill payments can be fr any amunt between $1.00 and $99, One-time immediate transfers between linked Bank f America accunts can be fr any amunt between.01 and $999, One-time immediate transfers between a linked MLPF&S investment accunt and a linked Bank f America accunt may nt exceed $999,999, 99. Additinal dllar limitatins and verificatins may apply. Please cntact yur financial advisr if yu have questins n a particular transfer transactin. One-time immediate transfers between a linked Banc f America Online Investing, Pwered by Merrill Lynch accunt and a linked Bank f America accunt may nt exceed $249,999,99.

9 Additinaly dllar limitatins and verificatins may apply. Please cntact yur financial advisr if yu have questins n a particular transfer transactin. Transfers submitted t the accunts f ther Bank f America custmers may nt ttal mre than $1,000 during any 24-hur perid r $2,500 during any 7-day perid. In additin, we may limit the ttal amunt f mney that any Bank f America custmer can receive thrugh these transfers. Nte: If yu are a Private r Wealth Management Banking custmer, yu may have higher limits fr this type f transfer. Please cntact yur financial advisr fr mre infrmatin n yur limits. Scheduled and recurring transfers between linked Bank f America accunts can be fr any amunt between $0.01 and $99, Scheduled and recurring transfers between a linked MLPF&S investment accunt and a linked Bank f America accunt can be fr any amunt between $0.01 and $999,999,99. Additinal dllar limitatins may apply. Please cntact yur financial advisr if yu have questins n a scheduled r recurring transfer transactin. Quick Payment transactins (nline and phne cmbined) may nt exceed 5 payments per day with an aggregate daily dllar limit f $8500. Additinal frequency and dllar limitatins may apply. All transfer limits are subject t temprary reductins t prtect the security f custmer accunts and/r the transfer system. At ur discretin we may refuse t prcess any transactin that exceeds any f the abve limits. In this case, yu are respnsible fr making alternate arrangements r rescheduling the payment r transfer within Online Banking. F. Canceling Transfers and Payments (des nt apply t Transfers Outside Bank f America) Bill Payments Transfers Alternative Methd In rder t cancel a payment (including a payment yu scheduled frm an accunt maintained at anther financial institutin), yu must sign int Online Banking and fllw the directins prvided n the Bill Pay screens. The cancel feature is fund in the Payment Histry r Recurring Payments sectins f Online Banking. Future-dated payments can be cancelled prir t 5 p.m. ET n the third bank business day prir t the scheduled delivery date. Yu cannt cancel a 1-time immediate transfer after it has been submitted in Online Banking and the infrmatin has been transmitted t us. Future-dated and recurring transfers can be canceled prir t midnight ET n the bank business day prir t the date the transfer is scheduled t be made. If the transfer's status is In Prcess r Prcessed, yu can n lnger cancel it. After yu cancel a futuredated transfer, the status changes t Canceled. Canceled transfers remain under Review Transfers. Nte: The easiest and mst cnvenient way t cancel a payment r transfer is thrugh the methd described abve. Hwever, yu may request t cancel a scheduled r recurring payment r a futuredated transfer by calling us at: Fr accunts lcated in any state except Califrnia: Fr accunts lcated in Califrnia: If yu are calling frm utside f the cntinental U.S., call us cllect at: We must receive yur request three (3) bank business days r mre befre the payment r transfer is scheduled fr prcessing. If yu call, we may als require yu t put yur request in writing and get it t us within 14 days after yu call. If yu call r write t cancel a payment r transfer that is pending,

10 yu will be charged fr a stp payment in accrdance with the agreement fr the apprpriate linked accunt. Transfers Outside Bank f America fr Online Banking Custmers Yu must be enrlled in Online Banking t use Transfers Outside Bank f America Service. Within Online Banking, yu have the ptin f participating in the Transfers Outside Bank f America Service which allws yu t transfer funds between yur linked persnal depsit accunts at Bank f America and certain depsit r investment accunts wned by yu r smene else at ther financial institutins. An Inbund transfer mves funds int an accunt yu wn at Bank f America frm an accunt yu wn utside Bank f America. An Outbund transfer mves funds frm an accunt yu wn at Bank f America t an accunt utside Bank f America that is wned by yu r smene else. Small business custmers may transfer funds frm their business checking accunt t an individual's r vendr's accunt at anther financial institutin. Befre scheduling a transfer t an individual, yu agree that yu will have received a signed authrizatin frm the payee, and that the authrizatin will nt have been revked. Yu agree t prvide a cpy f the authrizatin t us upn ur request. Befre scheduling any vendr payment, yu agree that yu will have received authrizatin frm the vendr t make the payment by electrnic means. Yu will need t prvide certain identifying infrmatin abut each nn-bank f America accunt in rder t register that accunt fr this service. Fr Inbund transfers, yu agree that yu will nly attempt t register nn-bank f America persnal accunts that yu wn r fr which yu have the authrity t transfer funds. Delivery speeds fr dmestic (U.S.) transfers are 3-Business-Day, Next-Business-Day r Same-Business-Day transfers. Same-Business-Day transfers are nt available fr Inbund transfers. Internatinal transfers are available fr Outbund transfers nly. Next-Business-Day and Three-Business-Day transfers are nt available fr internatinal transfers. Please see belw fr a mre detailed descriptin f these transfers. Types f dmestic (U.S.) Outbund transfers: Three-Business-Day transfers: Funds will be debited frm yur Bank f America accunt n the business day yu direct us t initiate prcessing f the transfer, and typically will be credited t the receiving accunt n the third business day after the transfer is initiated. Next-Business-Day transfers: Funds will be debited frm yur Bank f America accunt n the business day yu direct us t initiate prcessing f the transfer, and typically will be credited t the receiving accunt n the next business day after the transfer is initiated. Same-Business-Day transfers: Funds will be debited frm yur Bank f America accunt n the business day yu direct us t initiate prcessing f the transfer and typically will be credited t the receiving accunt n the same business day. Types f dmestic (U.S.) Inbund transfers: Three-Business-Day transfers: Funds typically will be debited frm yur accunt utside Bank f America n the business day r next business day after yu direct us t initiate prcessing f the transfer, and will be credited t yur Bank f America persnal accunt n the third business day after the transfer is initiated.

11 Next-Business-Day transfers: Funds typically will be debited frm yur accunt utside Bank f America n the business day r next business day after yu direct us t initiate prcessing f the transfer, and will be credited t yur Bank f America persnal accunt n the next business day after the transfer is initiated. Types f internatinal Outbund transfers: Same-Business-Day transfers: Funds will be debited frm yur Bank f America accunt n the business day yu direct us t initiate prcessing f the transfer, Bank f America will send the payment ut n that business day, the beneficiary s bank typically receives the funds 1 t 2 business days later and the funds typically will be credited t the beneficiary within 2 days. Bank f America is nt respnsible fr any failure f anther financial institutin t act in a timely manner as described abve. As a result, Bank f America cannt guarantee the timely delivery r return f funds as a result f the failure f anther financial institutin t act in a timely manner. Please nte that beneficiary banks lcated in sme cuntries may take several days r even weeks t credit the receiving accunt. There may be sme risk in making a transfer t a slw-t-pay cuntry. Please see a cmplete listing f slw-t-pay cuntries. Currency cnversin charges als may apply t internatinal transfers. Bank f America will trace yur transfer if the recipient has nt received it in 3 weeks. A $25 fee will be charged fr each transfer trace. Yu agree that yu will have sufficient available funds in the designated depsit accunt t cver all Outbund Transfers n the date scheduled. If the depsit accunt des nt have sufficient available funds n the scheduled date, we may elect nt t initiate ne r mre f the transfers. If we d elect t initiate the transfer, it may cause an verdraft in yur accunt in which case yu shall be liable fr the verdraft and any verdraft fees and interest theren, as set frth in yur Depsit Agreement. If we d elect t initiate the transfer, yu agree t pay all related fees as disclsed in yur Depsit Agreement. Yu agree that Bank f America may use any means r rutes which we in ur sle discretin cnsider suitable t execute yur transfer. Bank f America hereby gives ntice that Same-Business-Day transfers may be executed thrugh Fedwire, a funds transfer system perated by the Federal Reserve Banks, thrugh CHIPS (Clearing Huse Interbank Payments System), a funds transfer system perated by The Clearing Huse r thrugh SWIFT (Sciety fr Wrldwide Interbank Financial Telecmmunicatin). With respect t payment rders relating t the transfer which are executed thrugh Fedwire, Federal Reserve Regulatin J and all applicable Federal Reserve perating circulars shall gvern the payment rders. With respect t payment rders relating t the transfer which are executed thrugh CHIPS, the CHIPS Operating Rules shall gvern the payment rders. With respect t payment rders relating t the transfer which are executed thrugh SWIFT, the SWIFT perating rules shall gvern the payment rders. Three- Business-Day transfers and Next-Business-Day transfers may be made thrugh the Autmated Clearing Huse prcessr selected by us r directly t anther bank, and yu agree will be subject t the Natinal Autmated Clearing Huse Assciatin rules r ur agreement with the ther bank as applicable. D. Transfer Fees fr Transfers Outside f Bank f America Services Inbund Transfers: There is n fee fr transferring funds int yur Bank f America persnal accunts, regardless f the delivery speed yu chse. Outbund Transfers: If yu transfer funds t an accunt wned by yu r smene else at anther financial institutin, the fllwing transfer fees will apply: - 3-Business-Day transfers - $3 - Next-Business-Day transfers - $10

12 Same-Business Day transfers - varies by regin (The actual fee disclsure is n the Make Transfer page.) Miscellaneus Fees: Yu will be charged $25 fr each transfer trace that yu ask us t execute fr yu. Internatinal payments may be subject t additinal fees charged by intermediary, receiving and beneficiary banks. In general, mst custmers may mve mney withut a transfer fee by using Bill Pay frm Bank f America (described in Sectin II.B abve). Bill Pay allws yu t pay mst majr cmpanies, usually within 1 t 4 business days. Yu may als use Bill Pay t transfer mney t individuals and smaller merchants when arrival by a specified date is nt required. The Transfers Outside Bank f America Service is an alternative that allws yu t transfer funds t individuals r vendrs when delivery f funds by a specific date is critical. B. Initiating and Scheduling transfers Cut-ff Time: The cut-ff time fr 3-Business-Day transfers and Next-Business Day transfers is 8:00 p.m. ET. The cut-ff time fr Same-Business-Day transfers is 5:00 p.m. ET. Any transfer initiated after the applicable cut-ff time will be cnsidered as being initiated n the next business day. Transfers can be scheduled n either a 1-time r a recurring basis. Prcessing f 1-time transfers may be initiated immediately r scheduled fr initiatin n a future date. Recurring transfers may be scheduled fr up t 1 year in advance fr dmestic (U.S.) transfers nly. The recurring transfer feature may be used when a set amunt is transferred at regular intervals. Fr example, yu may schedule a $100 transfer frm an accunt yu wn at anther financial institutin t yur Bank f America checking accunt every 2 weeks. Immediate, 1-time future-dated and recurring transfers will be available fr bth Inbund and Outbund transfers. In additin t chsing the delivery speed, as described abve, yu will be asked t pick the date that yu want us t initiate the prcessing f the transfer. Fr example, if yu direct us t initiate prcessing an Outbund transfer immediately and chse Next Business Day delivery, funds will be debited frm yur Bank f America accunt n the business day yu schedule the transfer and typically will be credited t the receiving accunt n the next business day after the transfer is initiated. 1-time future-dated r recurring transfers scheduled fr a weekend r a nn business day will be prcessed n the prir business day.