SCBS Account Type

SCBS offers various types of brokerage accounts tailored to different investor needs. The primary account types include:

• Individual Investor Account:
• Must be at least 20 years old.
• Requires a cash balance account, which is fully funded.
• Current Investor Account:
• Existing investors can open a cash balance account with specific documentation.
• Juristic Person Account:
• For corporations or legal entities.
• Requires a cash balance account and various corporate documents.

Account Types Overview

• Individual Accounts: Unlimited credit line allocation for foreign securities investment.
• Juristic Person Accounts: Credit line allocation varies based on asset size (THB 1 billion and above or below).

SCBS Broker Account Opening Process

The process for opening a brokerage account with SCBS involves several steps and required documents based on the account type:

For Individual Investors (New and Current)

• Application Forms: Complete the required application forms.
• Required Documents:
• Two copies of identification (ID card or passport).
• Two copies of SCB bank account.
• A copy of financial evidence.
• Payroll slip (if applicable).
• Power of attorney documents (if applicable) with a stamp duty of 30 THB.
• Additional Documents for New Investors:
• Account opening documents.
• Suitability documents.
• Risk disclosure agreement for foreign securities investment.
• Exchange related documents (e.g., W-8 BEN).
• Declaration of status as U.S. person or non-U.S. person.

For Juristic Persons

• Application Forms: Complete the necessary forms for juristic persons.
• Required Documents:
• Account opening documents.
• Foreign securities trading side agreement with risk disclosure agreement.
• Suitability documents.
• Exchange related documents (e.g., W-8 BEN-E).
• Declaration of status as U.S. juristic or non-U.S. juristic.
• Corporation certificate with establishment objective.
• Signature of authorized director(s) with company seal.
• Power of attorney if applicable.
• Identification of authorized director(s).
• Financial statements for the previous 2 years.
• List of shareholders.
• Minutes of the meeting held for opening a securities trading account.

Certification

• All documents must be certified by the customer or authorized directors with signatures matching those provided to the company.

For more information, visit SCBS Offshore Investment.