FATCA Compliance

The Foreign Account Tax Compliance Act (“FATCA”) is US legislation designed to improve tax compliance by US persons, both individuals and entities, who hold financial assets and accounts outside of the US, either directly or indirectly through financial institutions, entities or other structures. The income from such assets may be subject to US taxation and from 1 July 2014 FATCA requires global financial institutions to identify and subsequently report the accounts of US persons.

To comply with the requirements of FATCA Europe Arab Bank plc, Europe Arab Bank SA and its branches have registered with the U. S Treasury Internal Revenue Services (IRS) and have been assigned Global Intermediary Identification Numbers (GIINs).

To view the GIINs for Europe Arab Bank plc, Europe Arab Bank SA and its branches please click here.

For further information regarding FATCA at Europe Arab Bank plc please contact:
eab-compliance-london@eabplc.com