FATCA

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02/93 00 181 - phone number for 24/7 contact with the bank's cardholders
02/93 00 181
phone number for 24/7 contact with the bank's cardholders
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The Foreign Account Tax Compliance Act (FATCA) is a US law passed by the US Congress in 2010.

The main purpose of this legal regulation is to enable US tax authorities to fight cross-border abuses by US persons who have accounts and financial assets abroad.

The Republic of Bulgaria is on the list of countries treated as FATCA - compliant. In this regard, on 05.12.2014, an Intergovernmental Agreement Model 1 B was signed, pursuant to which all Bulgarian financial institutions must identify and provide information to the US tax authorities regarding any accounts of U.S. taxpayers or of foreign entities that are owned by U.S. taxpayers.

Municipal Bank AD would like to officially inform you that the Bank is registered with the US Federal Revenue Service (IRS) as a financial institution that will comply with FATCA requirements.

The Bank’s identification number (Global Intermediary Identification Number) is: CNIWKM.99999.SL.100

The Form signed by Municipal Bank AD, namely Form W-8BEN-E certifying the status of beneficial owner of income for US withholding tax purposes, is available at the link at the bottom of this page.

W8-BEN-E_2020