BPI Financial Account Type

　　BPI Financial offers two main types of accounts tailored to meet the diverse needs of traders:

• Standard Account: Designed for individual and joint account holders, this account serves as an accessible entry point for traders looking for simplicity and ease of use.
• Corporate Account: Suitable for businesses and organizations, this account requires additional documentation such as authorized signatories, authorized traders, company directors, and shareholders' information, along with corporate registration documents.

　　

BPI Financial Broker Account Opening Process

　　Opening an account with BPI Financial involves several steps:

　　

For Individual / Joint Accounts:

• Complete Account Opening Forms: Fill out the account opening form provided by BPI Financial.
• Submit Form W-8 BEN: Furnish the form W-8 BEN as part of the required documentation.
• Provide Personal Identification: Submit a copy of your NRIC (National Registration Identity Card) or passport.
• Proof of Residency: Include proof of residency, such as utility bills or bank statements, dated within the last six months.
• Age Verification: Ensure that you are above 18 years of age, as it is a prerequisite for account opening.

　　

For Corporate Accounts:

• Complete Account Opening Forms: Fill out the account opening form provided for corporate entities.
• Submit Form W-8 BEN: Furnish the form W-8 BEN as part of the required documentation for corporate accounts.
• Provide Authorized Signatories: Include details of authorized signatories for the corporate account.
• Authorized Traders Information: Submit information about authorized traders who will be managing the account.
• Company Directors and Shareholders: Include details of company directors and shareholders.
• Corporate Registration Documents: Provide essential corporate registration documents, including the certificate of incorporation, Singapore biz file, and memorandum and articles of association.
• Financial Statements: Include the latest financial statements or management financials for the corporate entity.
• Organizational Chart: Submit an organizational chart outlining the structure of the corporate entity.

　　By following these steps and providing the necessary documentation, clients can initiate the account opening process with BPI Financial for global futures clearing services.