Federal law requires that a completed and signed, original Form W-8 BEN (for foreign individuals) or Form W-8 BEN-E (for foreign legal entities) be provided to us by each foreign customer to prevent tax withholding at a rate of 30% of any interest paid. Recertification of foreign status is completed every 3 years. Each foreign individual or foreign legal entity that is an owner on the account at Vantage Bank is required to file a separate Form W-8 BEN.
Complete W-8 BEN Form for Individuals
Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting (Foreign Individuals) - View Form Here
IRS W-8 BEN instructions - Download
Sample W-8 BEN Form - Download
Complete W-8 BEN-E Forms for Foreign Legal Entities
Certificate of Status of Beneficial Owner for United States Tax Withholding and Reporting (Foreign Legal Entities) - View Form Here
IRS W-8 BEN-E instructions - Download
Sample W-8 BEN-E Form - Download
If you are no longer exempt from tax withholding due to a change in your foreign status, please complete, sign and return to us a Form W-9 (for U.S. persons, including resident aliens). Form can be mailed to us at P.O. Box 1700, McAllen, TX. 78501 and/or may be delivered to a banking center location.