STATE BANK OF INDIA
19 S LaSalle Street, Suite 200, Chicago. IL 60603
Tel: 312-621-1200; Fax: 312-701-0232
STEP BY STEP GUIDE TO OPENING A NEW ACCOUNT

Step 1 - Complete The Identification Requirement
1
2

3





Complete the Customer Identification Form (DEP-1).
U.S. citizens and U.S. residents: Submit form W-9 (all applicants should fill separate forms).
Non-U.S. residents: Submit form W-8 BEN (all applicants should fill separate forms).

Identification Documents:
Primary Photo ID
(Must not have expired)

 Photo bearing State Driving



License / State ID Card
Passport / Military ID Card
US Alien Registration Card

Secondary ID

 Utility Bill
 Bank Statement
 Social Security Card
 U.S. Visa Page (in Passport)

 Voter Registration Card
 Student ID Card
 Insurance/Credit Card
 Birth Certificate

If you come in person, bring with you in original any two of the above identification documents, at
least one of which must be a Primary Photo ID and any one of the ID should contains the current
residential address of the persons mentioned in account opening forms.
If you are applying by mail, submit original or copy of any two of the above identification documents,
at least one of which must be a Primary Photo ID and any one of the ID should contains the current
residential address of the persons mentioned in account opening forms. Copy of the Primary Photo ID
and signature on Form DEP-1 must be verified by Notary Public OR an Official of Indian Embassy /
Indian consulate
Important: Enclose your Personal Check for the Minimum Balance Requirements (Minimum Balance
Requirements are $500 for US Based Savings/Checking account and $5000 for US Based Money
Market Account)

Step 2 - Complete The Account Opening Form
For This Type of Account





Certificate of Deposit

Use The Following Account Opening Form

DEP-CD

MMD / Checking / Savings Account

DEP-MCS

International Debit Card
(Issued only with Checking Account)

DEP-IDC

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, Federal law requires
all financial institutions to obtain, verify, and record information that identifies each person who opens an
account.
What this means for you? When you open an account, we will ask for your name, address, date of birth,
and other information that will allow us to identify you. We may also ask to see your driver’s license or
other identifying documents. We may also ask you for source or proof for your funds.
To ensure the security and confidentiality of your information please do not e-mail any sensitive non-public personal information (i.e.
account numbers, social security numbers, etc.) to us.

Revised November 2014

Form DEP -1

STATE BANK OF INDIA
19 S La Salle Street Suite - 200
Chicago IL 60603
Tel: 312-621-1200; Fax: 312-701-0232

For Office Use
Customer No: __________________
Approved:

Member (FDIC)

Customer Identification Form for Deposit Accounts
1st Applicant
2nd Applicant

rd

3 Applicant

First Name
Middle Name
Last Name
Social Security No.

For non US resident, Passport No

Date of Birth

(mm/dd/yyyy)

Nature of Photo ID
(U.S. Driver License /State ID/ Passport)

Photo ID Number
Issue Date

(mm/dd/yyyy)

Expiration Date (mm/dd/yyyy)

Place of Issue
Place of Birth
Country of Residence
Residence Status
(If US Residential status
Check any One)

USA

USA

U. S. Citizen
Permanent Resident
Resident Alien

□
□
□

U. S. Citizen
Permanent Resident
Resident Alien

USA
□
□
□

U. S. Citizen
Permanent Resident
Resident Alien

□
□
□

Resident Since (mm/yyyy)
(If US Citizen mention NA)

Occupation
Name of the Employer
Address of the Employer
(With Zip Code)

Work Phone No.
Home Address
(P.O. Box No is not acceptable)

Home Phone No.
Fax Number
E-mail Address
Annual Family Income
(in U.S. $)
Mode of Operation

< 25,000

25,000 – 50,000

150,000 – 250,000
Any one or Self

50,000 – 100,000

250,000 – 500,000

100,000 – 150,000
> 500,000

Jointly with Right of Survivorship

Revised November 2014

LETTER / FAX AGREEMENT FOR FUNDS TRANSFER
I/We, the applicants/account holder(s), acknowledge that, State Bank of India, Chicago Branch (the “Bank”) has made available a variety of procedures for
the transmission of instruction to the Bank. I/We are fully aware of the risks associated with transmitting instructions via letter or facsimile machine (“fax”)
and hereby authorize the Bank to act upon each written payment order (funds transfer instruction or communication) sent to it by me/us by mail or fax if the
signatures(s) on such payment order match, in the Bank’s judgment, with my/our signature(s) provided on this form, or provided subsequently, and to debit
or credit, as the case may be, accounts which I/We may hold with the same customer number. The Bank’s understanding of any oral notice, instruction or
other communication in regards to the payment order sent by person(s) mentioned above or their representatives shall be final and binding. This
authorization applies to all accounts opened with the same customer number as for the current application.
Prior to the executing of the instruction, the Bank may, at its discretion and only if it considers it necessary, reasonable and practicable, verify the payment
order by telephone call to a person and telephone number given in this application or recorded later by me/us with the Bank, following which the Bank shall
have no further duty to verify the identity or authority of the person giving or confirming the contents of any payment order or instruction. Not withstanding
any provision hereof, the Bank shall have the right in its sole discretion to refuse to execute any payment order or instruction.
I/We understand that the Bank may not act upon a payment order or instruction on the same business if the order or instruction is received by it after 2 p.m
EST. I/We agree to be bound by a payment order or instruction whether or not authorized, issued in its name and accepted by the Bank in compliance with
these procedures and further agree to indemnify and hold the Bank harmless for any loss, liability, claim, damage or expenses (including legal fees),
collectively referred to herein as “claims”, attributable to executing and accepting the payment order or instruction in accordance with these procedures or
action omitted to be taken, whether such claims are brought by me/us or our representative or by a third party. I/We shall notify the Bank if a payment order
or instruction was not authorized by me us, within a reasonable time not exceeding 90 day after the date, I/We received the notification from the Bank that
the order was accepted or my/our account was debited with respect to the order.
The procedure established by this agreement may be varied only by a written agreement signed by both parties, and supersedes all prior agreements or
practices, if any, in respect to instruction and may not be changed by an oral agreement or by a course of dealing or custom. This agreement shall be
governed by the laws of the State of Illinois and any dispute in connection herewith shall be adjudicated in a federal or Illinois State Court located in the
City of Chicago.
I/We execute the above agreement: YES
NO
ACKNOWLEDGEMENTS
1. I/We undertake to abide by the usual terms and conditions governing accounts in the U.S. as well as the terms, rules and regulations in the State Bank of
India’s Customer Manual, receipt of which is hereby acknowledged. I declare that funds offered by me/us to the Bank represent/ shall represent my/our
own funds, earned through legitimate means and complying with all U.S. laws.
2. I/We understand that on no occasion my/our account will be permitted by the Bank to go into overdraft.
3. I/We understand that the Bank may not act upon my/our funds transfer instructions conveyed through a letter/fax, unless I/We execute a Letter/Fax
agreement for funds transfer or attach a check to the instruction letter.
4. The information supplied in this application is true and correct to the best of my/our knowledge and belief. I/We authorize the Bank to obtain information
about my/our identity, credit history and other banking history form consumer reporting agency (ies) or other sources. I/We further understand that if
information in the credit history results in a decision to either disallow my/our-signing authority on the account or disallow opening the account, the Bank
will communicate this fact to the owners and/or authorized signers of the (proposed) account. I/We further authorize the Bank to obtain this information
at any time from one or more consumer reporting agencies or other sources that it may choose as long as I/We am/are (an) authorized signer(s) on the
account.

VERIFICATION OF SIGNATURE AND IDENTITY
(If you send your application by mail, please get your signature verified below by an SBI Official OR Notary Public OR and Indian Embassy OR
Consulate)

-: Identity should be verified from the ORIGINAL of the photo ID mentioned on Page 1 above :-:PLEASE NOTE THAT IN ADDITION THE VERIFIER MUST ATTEST THE COPY OF THE PRIMARY PHOTO-ID:-

1st Applicant

2nd Applicant

3rd Applicant

Name:

Name:

Name:

Signature:

Signature:

Signature:

Signature and Seal of the Verifier:

Signature and Seal of the Verifier:

Signature and Seal of the Verifier:

Date of Verification:

Date of Verification:

Date of Verification:

Place of Verification:

Place of Verification:

Place of Verification:

Telephone # of the Verifier:
(If Applicable)

Telephone # of the Verifier:
(If Applicable)

Telephone # of the Verifier:
(If Applicable)

Revised November 2014

W-9

Form
(Rev. August 2013)
Department of the Treasury
Internal Revenue Service

Request for Taxpayer
Identification Number and Certification

Give Form to the
requester. Do not
send to the IRS.

Print or type
See Specific Instructions on page 2.

Name (as shown on your income tax return)
Business name/disregarded entity name, if different from above

Exemptions (see instructions):

Check appropriate box for federal tax classification:
Individual/sole proprietor

C Corporation

S Corporation

Partnership

Trust/estate
Exempt payee code (if any)

Limited liability company. Enter the tax classification (C=C corporation, S=S corporation, P=partnership) ▶
Other (see instructions) ▶
Address (number, street, and apt. or suite no.)

Exemption from FATCA reporting
code (if any)

Requester’s name and address (optional)

City, state, and ZIP code
List account number(s) here (optional)

Part I

Taxpayer Identification Number (TIN)

Enter your TIN in the appropriate box. The TIN provided must match the name given on the “Name” line
to avoid backup withholding. For individuals, this is your social security number (SSN). However, for a
resident alien, sole proprietor, or disregarded entity, see the Part I instructions on page 3. For other
entities, it is your employer identification number (EIN). If you do not have a number, see How to get a
TIN on page 3.

Social security number

Note. If the account is in more than one name, see the chart on page 4 for guidelines on whose
number to enter.

Employer identification number

Part II

–

–

–

Certification

Under penalties of perjury, I certify that:
1. The number shown on this form is my correct taxpayer identification number (or I am waiting for a number to be issued to me), and
2. I am not subject to backup withholding because: (a) I am exempt from backup withholding, or (b) I have not been notified by the Internal Revenue
Service (IRS) that I am subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified me that I am
no longer subject to backup withholding, and
3. I am a U.S. citizen or other U.S. person (defined below), and
4. The FATCA code(s) entered on this form (if any) indicating that I am exempt from FATCA reporting is correct.
Certification instructions. You must cross out item 2 above if you have been notified by the IRS that you are currently subject to backup withholding
because you have failed to report all interest and dividends on your tax return. For real estate transactions, item 2 does not apply. For mortgage
interest paid, acquisition or abandonment of secured property, cancellation of debt, contributions to an individual retirement arrangement (IRA), and
generally, payments other than interest and dividends, you are not required to sign the certification, but you must provide your correct TIN. See the
instructions on page 3.

Sign
Here

Signature of
U.S. person ▶

Date ▶

General Instructions

withholding tax on foreign partners’ share of effectively connected income, and

Section references are to the Internal Revenue Code unless otherwise noted.
Future developments. The IRS has created a page on IRS.gov for information
about Form W-9, at www.irs.gov/w9. Information about any future developments
affecting Form W-9 (such as legislation enacted after we release it) will be posted
on that page.

Purpose of Form
A person who is required to file an information return with the IRS must obtain your
correct taxpayer identification number (TIN) to report, for example, income paid to
you, payments made to you in settlement of payment card and third party network
transactions, real estate transactions, mortgage interest you paid, acquisition or
abandonment of secured property, cancellation of debt, or contributions you made
to an IRA.
Use Form W-9 only if you are a U.S. person (including a resident alien), to
provide your correct TIN to the person requesting it (the requester) and, when
applicable, to:
1. Certify that the TIN you are giving is correct (or you are waiting for a number
to be issued),
2. Certify that you are not subject to backup withholding, or
3. Claim exemption from backup withholding if you are a U.S. exempt payee. If
applicable, you are also certifying that as a U.S. person, your allocable share of
any partnership income from a U.S. trade or business is not subject to the

4. Certify that FATCA code(s) entered on this form (if any) indicating that you are
exempt from the FATCA reporting, is correct.
Note. If you are a U.S. person and a requester gives you a form other than Form
W-9 to request your TIN, you must use the requester’s form if it is substantially
similar to this Form W-9.
Definition of a U.S. person. For federal tax purposes, you are considered a U.S.
person if you are:
• An individual who is a U.S. citizen or U.S. resident alien,
• A partnership, corporation, company, or association created or organized in the
United States or under the laws of the United States,
• An estate (other than a foreign estate), or
• A domestic trust (as defined in Regulations section 301.7701-7).
Special rules for partnerships. Partnerships that conduct a trade or business in
the United States are generally required to pay a withholding tax under section
1446 on any foreign partners’ share of effectively connected taxable income from
such business. Further, in certain cases where a Form W-9 has not been received,
the rules under section 1446 require a partnership to presume that a partner is a
foreign person, and pay the section 1446 withholding tax. Therefore, if you are a
U.S. person that is a partner in a partnership conducting a trade or business in the
United States, provide Form W-9 to the partnership to establish your U.S. status
and avoid section 1446 withholding on your share of partnership income.

Cat. No. 10231X

Form W-9 (Rev. 8-2013)

Page 2

Form W-9 (Rev. 8-2013)
In the cases below, the following person must give Form W-9 to the partnership
for purposes of establishing its U.S. status and avoiding withholding on its
allocable share of net income from the partnership conducting a trade or business
in the United States:

Updating Your Information

• In the case of a grantor trust with a U.S. grantor or other U.S. owner, generally,
the U.S. grantor or other U.S. owner of the grantor trust and not the trust, and

You must provide updated information to any person to whom you claimed to be
an exempt payee if you are no longer an exempt payee and anticipate receiving
reportable payments in the future from this person. For example, you may need to
provide updated information if you are a C corporation that elects to be an S
corporation, or if you no longer are tax exempt. In addition, you must furnish a new
Form W-9 if the name or TIN changes for the account, for example, if the grantor
of a grantor trust dies.

• In the case of a U.S. trust (other than a grantor trust), the U.S. trust (other than a
grantor trust) and not the beneficiaries of the trust.

Penalties

Foreign person. If you are a foreign person or the U.S. branch of a foreign bank
that has elected to be treated as a U.S. person, do not use Form W-9. Instead, use
the appropriate Form W-8 or Form 8233 (see Publication 515, Withholding of Tax
on Nonresident Aliens and Foreign Entities).

Failure to furnish TIN. If you fail to furnish your correct TIN to a requester, you are
subject to a penalty of $50 for each such failure unless your failure is due to
reasonable cause and not to willful neglect.

• In the case of a disregarded entity with a U.S. owner, the U.S. owner of the
disregarded entity and not the entity,

Nonresident alien who becomes a resident alien. Generally, only a nonresident
alien individual may use the terms of a tax treaty to reduce or eliminate U.S. tax on
certain types of income. However, most tax treaties contain a provision known as
a “saving clause.” Exceptions specified in the saving clause may permit an
exemption from tax to continue for certain types of income even after the payee
has otherwise become a U.S. resident alien for tax purposes.
If you are a U.S. resident alien who is relying on an exception contained in the
saving clause of a tax treaty to claim an exemption from U.S. tax on certain types
of income, you must attach a statement to Form W-9 that specifies the following
five items:
1. The treaty country. Generally, this must be the same treaty under which you
claimed exemption from tax as a nonresident alien.
2. The treaty article addressing the income.
3. The article number (or location) in the tax treaty that contains the saving
clause and its exceptions.
4. The type and amount of income that qualifies for the exemption from tax.
5. Sufficient facts to justify the exemption from tax under the terms of the treaty
article.
Example. Article 20 of the U.S.-China income tax treaty allows an exemption
from tax for scholarship income received by a Chinese student temporarily present
in the United States. Under U.S. law, this student will become a resident alien for
tax purposes if his or her stay in the United States exceeds 5 calendar years.
However, paragraph 2 of the first Protocol to the U.S.-China treaty (dated April 30,
1984) allows the provisions of Article 20 to continue to apply even after the
Chinese student becomes a resident alien of the United States. A Chinese student
who qualifies for this exception (under paragraph 2 of the first protocol) and is
relying on this exception to claim an exemption from tax on his or her scholarship
or fellowship income would attach to Form W-9 a statement that includes the
information described above to support that exemption.
If you are a nonresident alien or a foreign entity, give the requester the
appropriate completed Form W-8 or Form 8233.
What is backup withholding? Persons making certain payments to you must
under certain conditions withhold and pay to the IRS a percentage of such
payments. This is called “backup withholding.” Payments that may be subject to
backup withholding include interest, tax-exempt interest, dividends, broker and
barter exchange transactions, rents, royalties, nonemployee pay, payments made
in settlement of payment card and third party network transactions, and certain
payments from fishing boat operators. Real estate transactions are not subject to
backup withholding.
You will not be subject to backup withholding on payments you receive if you
give the requester your correct TIN, make the proper certifications, and report all
your taxable interest and dividends on your tax return.

Payments you receive will be subject to backup
withholding if:
1. You do not furnish your TIN to the requester,
2. You do not certify your TIN when required (see the Part II instructions on page
3 for details),
3. The IRS tells the requester that you furnished an incorrect TIN,
4. The IRS tells you that you are subject to backup withholding because you did
not report all your interest and dividends on your tax return (for reportable interest
and dividends only), or
5. You do not certify to the requester that you are not subject to backup
withholding under 4 above (for reportable interest and dividend accounts opened
after 1983 only).
Certain payees and payments are exempt from backup withholding. See Exempt
payee code on page 3 and the separate Instructions for the Requester of Form
W-9 for more information.
Also see Special rules for partnerships on page 1.
What is FATCA reporting? The Foreign Account Tax Compliance Act (FATCA)
requires a participating foreign financial institution to report all United States
account holders that are specified United States persons. Certain payees are
exempt from FATCA reporting. See Exemption from FATCA reporting code on
page 3 and the Instructions for the Requester of Form W-9 for more information.

Civil penalty for false information with respect to withholding. If you make a
false statement with no reasonable basis that results in no backup withholding,
you are subject to a $500 penalty.
Criminal penalty for falsifying information. Willfully falsifying certifications or
affirmations may subject you to criminal penalties including fines and/or
imprisonment.
Misuse of TINs. If the requester discloses or uses TINs in violation of federal law,
the requester may be subject to civil and criminal penalties.

Specific Instructions
Name
If you are an individual, you must generally enter the name shown on your income
tax return. However, if you have changed your last name, for instance, due to
marriage without informing the Social Security Administration of the name change,
enter your first name, the last name shown on your social security card, and your
new last name.
If the account is in joint names, list first, and then circle, the name of the person
or entity whose number you entered in Part I of the form.
Sole proprietor. Enter your individual name as shown on your income tax return
on the “Name” line. You may enter your business, trade, or “doing business as
(DBA)” name on the “Business name/disregarded entity name” line.
Partnership, C Corporation, or S Corporation. Enter the entity's name on the
“Name” line and any business, trade, or “doing business as (DBA) name” on the
“Business name/disregarded entity name” line.
Disregarded entity. For U.S. federal tax purposes, an entity that is disregarded as
an entity separate from its owner is treated as a “disregarded entity.” See
Regulation section 301.7701-2(c)(2)(iii). Enter the owner's name on the “Name”
line. The name of the entity entered on the “Name” line should never be a
disregarded entity. The name on the “Name” line must be the name shown on the
income tax return on which the income should be reported. For example, if a
foreign LLC that is treated as a disregarded entity for U.S. federal tax purposes
has a single owner that is a U.S. person, the U.S. owner's name is required to be
provided on the “Name” line. If the direct owner of the entity is also a disregarded
entity, enter the first owner that is not disregarded for federal tax purposes. Enter
the disregarded entity's name on the “Business name/disregarded entity name”
line. If the owner of the disregarded entity is a foreign person, the owner must
complete an appropriate Form W-8 instead of a Form W-9. This is the case even if
the foreign person has a U.S. TIN.
Note. Check the appropriate box for the U.S. federal tax classification of the
person whose name is entered on the “Name” line (Individual/sole proprietor,
Partnership, C Corporation, S Corporation, Trust/estate).
Limited Liability Company (LLC). If the person identified on the “Name” line is an
LLC, check the “Limited liability company” box only and enter the appropriate
code for the U.S. federal tax classification in the space provided. If you are an LLC
that is treated as a partnership for U.S. federal tax purposes, enter “P” for
partnership. If you are an LLC that has filed a Form 8832 or a Form 2553 to be
taxed as a corporation, enter “C” for C corporation or “S” for S corporation, as
appropriate. If you are an LLC that is disregarded as an entity separate from its
owner under Regulation section 301.7701-3 (except for employment and excise
tax), do not check the LLC box unless the owner of the LLC (required to be
identified on the “Name” line) is another LLC that is not disregarded for U.S.
federal tax purposes. If the LLC is disregarded as an entity separate from its
owner, enter the appropriate tax classification of the owner identified on the
“Name” line.
Other entities. Enter your business name as shown on required U.S. federal tax
documents on the “Name” line. This name should match the name shown on the
charter or other legal document creating the entity. You may enter any business,
trade, or DBA name on the “Business name/disregarded entity name” line.

Exemptions
If you are exempt from backup withholding and/or FATCA reporting, enter in the
Exemptions box, any code(s) that may apply to you. See Exempt payee code and
Exemption from FATCA reporting code on page 3.

Page 3

Form W-9 (Rev. 8-2013)
Exempt payee code. Generally, individuals (including sole proprietors) are not
exempt from backup withholding. Corporations are exempt from backup
withholding for certain payments, such as interest and dividends. Corporations are
not exempt from backup withholding for payments made in settlement of payment
card or third party network transactions.
Note. If you are exempt from backup withholding, you should still complete this
form to avoid possible erroneous backup withholding.
The following codes identify payees that are exempt from backup withholding:
1—An organization exempt from tax under section 501(a), any IRA, or a
custodial account under section 403(b)(7) if the account satisfies the requirements
of section 401(f)(2)
2—The United States or any of its agencies or instrumentalities
3—A state, the District of Columbia, a possession of the United States, or any of
their political subdivisions or instrumentalities
4—A foreign government or any of its political subdivisions, agencies, or
instrumentalities
5—A corporation
6—A dealer in securities or commodities required to register in the United
States, the District of Columbia, or a possession of the United States
7—A futures commission merchant registered with the Commodity Futures
Trading Commission
8—A real estate investment trust
9—An entity registered at all times during the tax year under the Investment
Company Act of 1940
10—A common trust fund operated by a bank under section 584(a)
11—A financial institution
12—A middleman known in the investment community as a nominee or
custodian
13—A trust exempt from tax under section 664 or described in section 4947
The following chart shows types of payments that may be exempt from backup
withholding. The chart applies to the exempt payees listed above, 1 through 13.
IF the payment is for . . .

THEN the payment is exempt for . . .

Interest and dividend payments

All exempt payees except
for 7

Broker transactions

Exempt payees 1 through 4 and 6
through 11 and all C corporations. S
corporations must not enter an exempt
payee code because they are exempt
only for sales of noncovered securities
acquired prior to 2012.

G—A real estate investment trust
H—A regulated investment company as defined in section 851 or an entity
registered at all times during the tax year under the Investment Company Act of
1940
I—A common trust fund as defined in section 584(a)
J—A bank as defined in section 581
K—A broker
L—A trust exempt from tax under section 664 or described in section 4947(a)(1)
M—A tax exempt trust under a section 403(b) plan or section 457(g) plan

Part I. Taxpayer Identification Number (TIN)
Enter your TIN in the appropriate box. If you are a resident alien and you do not
have and are not eligible to get an SSN, your TIN is your IRS individual taxpayer
identification number (ITIN). Enter it in the social security number box. If you do not
have an ITIN, see How to get a TIN below.
If you are a sole proprietor and you have an EIN, you may enter either your SSN
or EIN. However, the IRS prefers that you use your SSN.
If you are a single-member LLC that is disregarded as an entity separate from its
owner (see Limited Liability Company (LLC) on page 2), enter the owner’s SSN (or
EIN, if the owner has one). Do not enter the disregarded entity’s EIN. If the LLC is
classified as a corporation or partnership, enter the entity’s EIN.
Note. See the chart on page 4 for further clarification of name and TIN
combinations.
How to get a TIN. If you do not have a TIN, apply for one immediately. To apply
for an SSN, get Form SS-5, Application for a Social Security Card, from your local
Social Security Administration office or get this form online at www.ssa.gov. You
may also get this form by calling 1-800-772-1213. Use Form W-7, Application for
IRS Individual Taxpayer Identification Number, to apply for an ITIN, or Form SS-4,
Application for Employer Identification Number, to apply for an EIN. You can apply
for an EIN online by accessing the IRS website at www.irs.gov/businesses and
clicking on Employer Identification Number (EIN) under Starting a Business. You
can get Forms W-7 and SS-4 from the IRS by visiting IRS.gov or by calling 1-800TAX-FORM (1-800-829-3676).
If you are asked to complete Form W-9 but do not have a TIN, apply for a TIN
and write “Applied For” in the space for the TIN, sign and date the form, and give it
to the requester. For interest and dividend payments, and certain payments made
with respect to readily tradable instruments, generally you will have 60 days to get
a TIN and give it to the requester before you are subject to backup withholding on
payments. The 60-day rule does not apply to other types of payments. You will be
subject to backup withholding on all such payments until you provide your TIN to
the requester.
Note. Entering “Applied For” means that you have already applied for a TIN or that
you intend to apply for one soon.
Caution: A disregarded U.S. entity that has a foreign owner must use the
appropriate Form W-8.

Barter exchange transactions and
patronage dividends

Exempt payees 1 through 4

Payments over $600 required to be
1
reported and direct sales over $5,000

Generally, exempt payees
2
1 through 5

To establish to the withholding agent that you are a U.S. person, or resident alien,
sign Form W-9. You may be requested to sign by the withholding agent even if
items 1, 4, or 5 below indicate otherwise.

Payments made in settlement of
payment card or third party network
transactions

Exempt payees 1 through 4

For a joint account, only the person whose TIN is shown in Part I should sign
(when required). In the case of a disregarded entity, the person identified on the
“Name” line must sign. Exempt payees, see Exempt payee code earlier.

1

See Form 1099-MISC, Miscellaneous Income, and its instructions.
2
However, the following payments made to a corporation and reportable on Form
1099-MISC are not exempt from backup withholding: medical and health care
payments, attorneys' fees, gross proceeds paid to an attorney, and payments for
services paid by a federal executive agency.
Exemption from FATCA reporting code. The following codes identify payees
that are exempt from reporting under FATCA. These codes apply to persons
submitting this form for accounts maintained outside of the United States by
certain foreign financial institutions. Therefore, if you are only submitting this form
for an account you hold in the United States, you may leave this field blank.
Consult with the person requesting this form if you are uncertain if the financial
institution is subject to these requirements.
A—An organization exempt from tax under section 501(a) or any individual
retirement plan as defined in section 7701(a)(37)
B—The United States or any of its agencies or instrumentalities
C—A state, the District of Columbia, a possession of the United States, or any
of their political subdivisions or instrumentalities
D—A corporation the stock of which is regularly traded on one or more
established securities markets, as described in Reg. section 1.1472-1(c)(1)(i)
E—A corporation that is a member of the same expanded affiliated group as a
corporation described in Reg. section 1.1472-1(c)(1)(i)
F—A dealer in securities, commodities, or derivative financial instruments
(including notional principal contracts, futures, forwards, and options) that is
registered as such under the laws of the United States or any state

Part II. Certification

Signature requirements. Complete the certification as indicated in items 1
through 5 below.
1. Interest, dividend, and barter exchange accounts opened before 1984
and broker accounts considered active during 1983. You must give your
correct TIN, but you do not have to sign the certification.
2. Interest, dividend, broker, and barter exchange accounts opened after
1983 and broker accounts considered inactive during 1983. You must sign the
certification or backup withholding will apply. If you are subject to backup
withholding and you are merely providing your correct TIN to the requester, you
must cross out item 2 in the certification before signing the form.
3. Real estate transactions. You must sign the certification. You may cross out
item 2 of the certification.
4. Other payments. You must give your correct TIN, but you do not have to sign
the certification unless you have been notified that you have previously given an
incorrect TIN. “Other payments” include payments made in the course of the
requester’s trade or business for rents, royalties, goods (other than bills for
merchandise), medical and health care services (including payments to
corporations), payments to a nonemployee for services, payments made in
settlement of payment card and third party network transactions, payments to
certain fishing boat crew members and fishermen, and gross proceeds paid to
attorneys (including payments to corporations).
5. Mortgage interest paid by you, acquisition or abandonment of secured
property, cancellation of debt, qualified tuition program payments (under
section 529), IRA, Coverdell ESA, Archer MSA or HSA contributions or
distributions, and pension distributions. You must give your correct TIN, but you
do not have to sign the certification.

Page 4

Form W-9 (Rev. 8-2013)

What Name and Number To Give the Requester
For this type of account:

Give name and SSN of:

1. Individual
2. Two or more individuals (joint
account)

The individual
The actual owner of the account or,
if combined funds, the first
1
individual on the account

3. Custodian account of a minor
(Uniform Gift to Minors Act)

The minor

4. a. The usual revocable savings
trust (grantor is also trustee)
b. So-called trust account that is
not a legal or valid trust under
state law
5. Sole proprietorship or disregarded
entity owned by an individual
6. Grantor trust filing under Optional
Form 1099 Filing Method 1 (see
Regulation section 1.671-4(b)(2)(i)(A))

The actual owner
The owner

1

1

The grantor*

Give name and EIN of:
The owner
4

9. Corporation or LLC electing
corporate status on Form 8832 or
Form 2553
10. Association, club, religious,
charitable, educational, or other
tax-exempt organization

The corporation

11. Partnership or multi-member LLC
12. A broker or registered nominee

The partnership
The broker or nominee

13. Account with the Department of
Agriculture in the name of a public
entity (such as a state or local
government, school district, or
prison) that receives agricultural
program payments

The public entity

14. Grantor trust filing under the Form
1041 Filing Method or the Optional
Form 1099 Filing Method 2 (see
Regulation section 1.671-4(b)(2)(i)(B))

The trust

1

2
3

Identity theft occurs when someone uses your personal information such as your
name, social security number (SSN), or other identifying information, without your
permission, to commit fraud or other crimes. An identity thief may use your SSN to
get a job or may file a tax return using your SSN to receive a refund.
• Protect your SSN,
• Ensure your employer is protecting your SSN, and
• Be careful when choosing a tax preparer.
If your tax records are affected by identity theft and you receive a notice from
the IRS, respond right away to the name and phone number printed on the IRS
notice or letter.

3

Legal entity

Secure Your Tax Records from Identity Theft

To reduce your risk:

The grantor-trustee

For this type of account:
7. Disregarded entity not owned by an
individual
8. A valid trust, estate, or pension trust

2

Note. If no name is circled when more than one name is listed, the number will be
considered to be that of the first name listed.

The organization

If your tax records are not currently affected by identity theft but you think you
are at risk due to a lost or stolen purse or wallet, questionable credit card activity
or credit report, contact the IRS Identity Theft Hotline at 1-800-908-4490 or submit
Form 14039.
For more information, see Publication 4535, Identity Theft Prevention and Victim
Assistance.
Victims of identity theft who are experiencing economic harm or a system
problem, or are seeking help in resolving tax problems that have not been resolved
through normal channels, may be eligible for Taxpayer Advocate Service (TAS)
assistance. You can reach TAS by calling the TAS toll-free case intake line at
1-877-777-4778 or TTY/TDD 1-800-829-4059.
Protect yourself from suspicious emails or phishing schemes. Phishing is the
creation and use of email and websites designed to mimic legitimate business
emails and websites. The most common act is sending an email to a user falsely
claiming to be an established legitimate enterprise in an attempt to scam the user
into surrendering private information that will be used for identity theft.
The IRS does not initiate contacts with taxpayers via emails. Also, the IRS does
not request personal detailed information through email or ask taxpayers for the
PIN numbers, passwords, or similar secret access information for their credit card,
bank, or other financial accounts.
If you receive an unsolicited email claiming to be from the IRS, forward this
message to phishing@irs.gov. You may also report misuse of the IRS name, logo,
or other IRS property to the Treasury Inspector General for Tax Administration at
1-800-366-4484. You can forward suspicious emails to the Federal Trade
Commission at: spam@uce.gov or contact them at www.ftc.gov/idtheft or 1-877IDTHEFT (1-877-438-4338).
Visit IRS.gov to learn more about identity theft and how to reduce your risk.

List first and circle the name of the person whose number you furnish. If only one person on a
joint account has an SSN, that person’s number must be furnished.
Circle the minor’s name and furnish the minor’s SSN.
You must show your individual name and you may also enter your business or “DBA” name on
the “Business name/disregarded entity” name line. You may use either your SSN or EIN (if you
have one), but the IRS encourages you to use your SSN.

4

List first and circle the name of the trust, estate, or pension trust. (Do not furnish the TIN of the
personal representative or trustee unless the legal entity itself is not designated in the account
title.) Also see Special rules for partnerships on page 1.
*Note. Grantor also must provide a Form W-9 to trustee of trust.

Privacy Act Notice
Section 6109 of the Internal Revenue Code requires you to provide your correct TIN to persons (including federal agencies) who are required to file information returns with
the IRS to report interest, dividends, or certain other income paid to you; mortgage interest you paid; the acquisition or abandonment of secured property; the cancellation
of debt; or contributions you made to an IRA, Archer MSA, or HSA. The person collecting this form uses the information on the form to file information returns with the IRS,
reporting the above information. Routine uses of this information include giving it to the Department of Justice for civil and criminal litigation and to cities, states, the District
of Columbia, and U.S. commonwealths and possessions for use in administering their laws. The information also may be disclosed to other countries under a treaty, to
federal and state agencies to enforce civil and criminal laws, or to federal law enforcement and intelligence agencies to combat terrorism. You must provide your TIN
whether or not you are required to file a tax return. Under section 3406, payers must generally withhold a percentage of taxable interest, dividend, and certain other
payments to a payee who does not give a TIN to the payer. Certain penalties may also apply for providing false or fraudulent information.

Form

W-8BEN

Certificate of Foreign Status of Beneficial Owner
for United States Tax Withholding

(Rev. February 2006)
Department of the Treasury
Internal Revenue Service

䊳

OMB No. 1545-1621

Section references are to the Internal Revenue Code. 䊳 See separate instructions.
䊳 Give this form to the withholding agent or payer. Do not send to the IRS.

Do not use this form for:
● A U.S. citizen or other U.S. person, including a resident alien individual
● A person claiming that income is effectively connected with the conduct
of a trade or business in the United States
● A foreign partnership, a foreign simple trust, or a foreign grantor trust (see instructions for exceptions)
● A foreign government, international organization, foreign central bank of issue, foreign tax-exempt organization,
foreign private foundation, or government of a U.S. possession that received effectively connected income or that is
claiming the applicability of section(s) 115(2), 501(c), 892, 895, or 1443(b) (see instructions)
Note: These entities should use Form W-8BEN if they are claiming treaty benefits or are providing the form only to
claim they are a foreign person exempt from backup withholding.
● A person acting as an intermediary
Note: See instructions for additional exceptions.

1

Name of individual or organization that is the beneficial owner

3

Type of beneficial owner:
Grantor trust
Central bank of issue

Individual

2

Corporation

W-8ECI or W-8EXP

W-8IMY

Complex trust

Estate

Tax-exempt organization

Private foundation

Country of incorporation or organization

Disregarded entity

Partnership

Government

International organization

Simple trust

Permanent residence address (street, apt. or suite no., or rural route). Do not use a P.O. box or in-care-of address.
City or town, state or province. Include postal code where appropriate.

5

Country (do not abbreviate)

Mailing address (if different from above)
City or town, state or province. Include postal code where appropriate.

6

Country (do not abbreviate)
7

U.S. taxpayer identification number, if required (see instructions)
SSN or ITIN

8

Foreign tax identifying number, if any (optional)

EIN

Reference number(s) (see instructions)

Claim of Tax Treaty Benefits (if applicable)

Part II
9

10

W-8ECI
W-8ECI or W-8IMY

Identification of Beneficial Owner (See instructions.)

Part I

4

Instead, use Form:
W-9

I certify that (check all that apply):
a

The beneficial owner is a resident of

b

If required, the U.S. taxpayer identification number is stated on line 6 (see instructions).

within the meaning of the income tax treaty between the United States and that country.

c

The beneficial owner is not an individual, derives the item (or items) of income for which the treaty benefits are claimed, and, if
applicable, meets the requirements of the treaty provision dealing with limitation on benefits (see instructions).

d

The beneficial owner is not an individual, is claiming treaty benefits for dividends received from a foreign corporation or interest from a
U.S. trade or business of a foreign corporation, and meets qualified resident status (see instructions).

e

The beneficial owner is related to the person obligated to pay the income within the meaning of section 267(b) or 707(b), and will file
Form 8833 if the amount subject to withholding received during a calendar year exceeds, in the aggregate, $500,000.
Special rates and conditions (if applicable—see instructions): The beneficial owner is claiming the provisions of Article
% rate of withholding on (specify type of income):
treaty identified on line 9a above to claim a
Explain the reasons the beneficial owner meets the terms of the treaty article:

Notional Principal Contracts

Part III
11

of the
.

I have provided or will provide a statement that identifies those notional principal contracts from which the income is not effectively
connected with the conduct of a trade or business in the United States. I agree to update this statement as required.

Part IV

Certification

Under penalties of perjury, I declare that I have examined the information on this form and to the best of my knowledge and belief it is true, correct, and complete. I
further certify under penalties of perjury that:
1 I am the beneficial owner (or am authorized to sign for the beneficial owner) of all the income to which this form relates,
2 The beneficial owner is not a U.S. person,
3 The income to which this form relates is (a) not effectively connected with the conduct of a trade or business in the United States, (b) effectively connected but is
not subject to tax under an income tax treaty, or (c) the partner’s share of a partnership’s effectively connected income, and
4 For broker transactions or barter exchanges, the beneficial owner is an exempt foreign person as defined in the instructions.
Furthermore, I authorize this form to be provided to any withholding agent that has control, receipt, or custody of the income of which I am the beneficial owner or
any withholding agent that can disburse or make payments of the income of which I am the beneficial owner.

Sign Here

䊳

Signature of beneficial owner (or individual authorized to sign for beneficial owner)

For Paperwork Reduction Act Notice, see separate instructions.

Date (MM-DD-YYYY)

Cat. No. 25047Z
Printed on Recycled Paper

Capacity in which acting
Form

W-8BEN

(Rev. 2-2006)

STATE BANK OF INDIA

Form DEP-MCS

19 S La Salle Street Suite - 200
Chicago IL 60603

Tel: 312-621-1200; Fax: 312-701-0232

Account No.

Member FDIC

APPLICATION FOR MMD/ CHECKING / SAVINGS ACCOUNT
(New customers should fill this form along with Form DEP-1)

Application for
(Please select one)

Money Market Deposit Account

Checking Account

Savings Account

(If you want to open more than one account, submit separate DEP-MCS Form and
separate Personal Check for the Minimum Balance requirements)
st
nd
rd

1

Customer Name

Applicant

2

Applicant

3

Applicant

First Name
Middle Name
Last Name
Customer Number
For already existing Customers

I / We request you to open the account(s) as mentioned above with your branch. I /We have read and
understood the terms and conditions governing the account(s). I/We acknowledge the receipt of the account
disclosures applicable for Deposits Account.
Purpose of the Account

Savings and Salary
Receiving Social Security benefits
Collection / Issue of checks

(Check all that are applicable)

Expected Annual Volume
of Transactions

< $10,000
$50,000 – 100,000

Source of Funds
(Check all that are applicable)

Sending remittances to India
Cash receipts / payments
Others (specify):

$10,000 – 25,000
$100,000 – 150,000

Current Income/wages
Past savings
Sale of property
Pension/S.S. Benefits

$25,000 – 50,000
> $150,000
Liquidation of investments
Others (specify):

End use of Funds

Expected Annual Volume

Loan Accounts ( Home Loan / Education Loan)
End use of Funds for
Remittance Transactions

NRI Accounts ( Savings / Fixed Deposits)
House Construction
Others ( Personal Expenses/ Family
Maintenance/ Education Expenses)

Mode of Deposit (Funding)
& Amount

Debit my/our Checking / MMD /Savings Acct. No.___________________with you, OR
Check No. ____________ attached for the Amount: USD___________

Mode of operation of the
Any one or Self
Jointly
Account
Do you want check book on your Checking/MMD account?
(Check

with Right of Survivorship
Yes

No

books are charged and not issued for savings accounts. No temporary checks are issued)

Do you want International Debit Card on your Checking Account?

Yes*

No

(Debit card is issued only to Checking account)

I/We acknowledge the receipt of terms and conditions governing the Debit Card Policy & Procedure

Do you prefer to have online banking access to our Account?

Yes*

No

I/We acknowledge the receipt of terms of service document governing the Online banking access Policy & Procedure

* (If your choice is YES, kindly fill out the relevant applications attached below)
Signature

Signature

Signature

Signature of the
Applicants
Date:

(For Office use only) Account Opened by

Place:

Verified by

Revised November 2014

State Bank of India, 19 S LaSalle Street , Suite 200, Chicago, IL, 60603

Application for issue of Debit Card
Member FDIC

To
Vice-President (PB)
State Bank of India, Chicago.
I wish to avail the debit card services offered by State Bank of India, Chicago. Please arrange to issue me debit card.

Name of Customer: (In the order of First, Middle and Last Name)**
Name as I would like to appear on the card:**
My Account Numbers**
Account Type
Primary – Checking Account

(27 Characters)
(21 Characters)

Single/ Joint Accounts*
Account Number

7 7 7
7 7 7

*Joint account holders with mode of operation as anyone or survivor need to submit separate application forms

Address:**

Street Address
Apt #
State
Zip

City
Phone*** (Day)

Phone*** (Eve)
*** Phone number provided in the application should be used to activate / reset the PIN – Use Cell/Landline Numbers only
Validation Data (This data will be used for identification when you call the customer service centre for all purposes):

Mother’s maiden name **
Social Security(Last 4-Digit)** XXX-XXDate of Birth ( mm-dd-yyyy)**
Driver’s License

-

** Mandatory Columns to be filled up.
1. Charges are waived for transactions performed at any ATM with any bank within USA up to Dec 2013.
2. The bank has decided to waive the charges levied by the service provider for transactions done at State Bank Group ATMs
in India/USA up to Dec 2013.
3. For transaction done at ATMs / POS terminals outside USA, cross country (0.2% of transaction amount) and crossborder
(0.8% of transaction amount) fees are levied by Master Card. In addition to these the respective ATM network service
provider might also charge a fee for each transaction.
4. I have received, read and understood the provisions contained in the terms and conditions letter of “State Bank of India,
Chicago Debit Card Agreement” and I accept these. I agree that the transactions executed using my debit card will be
binding on me.

Customer’s Signature

Date:

Encls: Debit Card Agreement
For Office Use only

Account and Signature Verified
Supervisor PB

Application Processed
Manager

Card Number

Revised November 2014

STATE BANK OF INDIA, CHICAGO

Registration for Internet Banking : Individual
Member FDIC

To
Vice President (PB)
State Bank of India, 19 S LaSalle Street,
Suite 200, Chicago, IL - 60603.
I wish to Register as a user of ‘OnlineSBIGlobal’, SBI, Chicago Internet Banking Service.
OR
I am an existing user of ‘OnlineSBIGlobal’,SBI, Chicago Internet Banking Service and Reset my Password
Name of Customer

(25 Characters)

Date of Birth (mm/dd/yyyy):
Street Address
Apt #

City

State

Zip

Phone** (Day)

Phone** (Eve)

E-Mail **
My
Account
Number/s

Single
New Account

Joint Account(s)
Existing Account

Resetting Password (Must give

User ID * in the Specific Column)

If you wish to add your existing account/s to internet banking facility, please list them below

7

7

7

7

7

7

I have read the provisions contained in the “Terms of service document” of “OnlineSBIGlobal” and accept them.
I agree that the transactions executed over OnlineSBIGlobal under my Username and Password will be binding on me.
USER ID* (Only in case of
Password Reset)

Customer’s Signature:

Date:

For Office Use only :
Account and Signature Verified.

Application Processed.
Supervisor / Manager (PB)

Manager (Systems/PB)

Revised November 2014