Exception Where Databases Contain Sufficient Information. A Reporting Singaporean Financial Institution is not required to perform the paper record search described in subparagraph D(2) of this section if the Reporting Singaporean Financial Institution’s electronically searchable information includes the following: a) The Account Holder’s nationality or residence status; b) The Account Holder’s residence address and mailing address currently on file with the Reporting Singaporean Financial Institution; c) The Account Holder’s telephone number(s) currently on file, if any, with the Reporting Singaporean Financial Institution; d) Whether there are standing instructions to transfer funds in the account to another account (including an account at another branch of the Reporting Singaporean Financial Institution or another Financial Institution); e) Whether there is a current “in-care-of” address or “hold mail” address for the Account Holder; and f) Whether there is any power of attorney or signatory authority for the account.
Appears in 7 contracts
Samples: Agreement Between the Government of the Republic of Singapore and the Government of the United States of America to Improve International Tax Compliance and to Implement Fatca, International Tax Compliance Agreement, International Tax Compliance Agreement
