FATCA Compliance. a) Effective July 1, 2014 OANDA is required to comply with the U.S. Foreign Account Tax Compliance Act (“FATCA”) requirements in respect of accounts maintained at OANDA. In this regard, OANDA may be required to request certain information from you within ninety days of your account being opened. Such information may be requested in the form of a completed tax certification form signed under penalty of perjury. If you do not provide this information OANDA will be required to report you as a “recalcitrant account holder” pursuant to FATCA requirements to the appropriate governmental authority. OANDA will take all necessary action to be and remain compliant with FATCA as is required by law or agreement between governments. OANDA will not be liable for any losses, costs, expenses, damages, liabilities you may suffer as a result of complying with FATCA requirements.
Appears in 5 contracts
Samples: Fxtrade Customer Agreement, Fxtrade Customer Agreement, Fxtrade Customer Agreement
