Hi I am UK based. Could you tell me if the W8BEN form is filled in automatically when buying US shares or do I have to fill it in manually?
Welcome to the forum. See
How to provide a W-8BEN Form?
This can be done in 3 easy steps:
When you buy a US stock you will be prompted to complete the form within the app electronically.
Is that what you did?
If you opened your account after January then it was automatically generated when you signed up.
To sum up:
- Newly created accounts are getting their W-8BEN submitted upon completing the sign-up;
- Already active accounts can have their W-8BEN submitted:
-by placing an order with US stocks - all personal details will be automatically prefilled, and one-click confirmation will be required;
-by requesting it over our live chat/email/phone (we’ll prompt the same prefilled form as above);
-By manually filling in the form and sending it over to us.
@Tony.V Thank you. This is much easier than I have known other brokers to make it.
I believe a W-8BEN expires after at the end of the subsequent third calendar year. I trust T212 will be warching for and preparing renewals for clients as needed?
True that - it will be automatically renewed upon expiration