Current Account Documents - Trust or Society - Razorpay

Handy Tips

In a trust, the trustee(s) who ultimately control the trust’s assets or decision-making process are considered as the Beneficial Owners.

Forms Required

Sl. No. | Forms

1 | Account Opening Form and Customer Information Form(CIF) for the trust.

2 | Individual CIF Forms of Trustees/Beneficial Owners/Authorised Signatories.

3 | Corporate internet banking application.

4 | FATCA Declaration.

5 | Credit Exposure Declaration.

Documents Required

Sl. No. | Documents

1 | Trust Deed.

2 | PAN Card Copy.

3 | Address Proof (in the name of the entity).

4 | Board Resolution mentioning account opening and operation.

5 | List Of Trustees.

6 | Beneficial Owner Declaration.

7 | Resolution/Minutes of Meeting with Razorpay Clause, preferably in the prescribed format.

8 | Cheque in the name of the Trust. Download all forms and documents Open a Current Account