Indonesia: Single Investor ID (SID) information required for indirect clients
1 March 2014
as part of the implementation of a new Single Investor ID (SID) module, the Indonesia Central Securities Depository (PT Kustodian Sentral Efek Indonesia - KSEI) will require additional mandatory “Know Your Customer (KYC)” information to be completed and submitted by investors deemed to be indirect clients.
This is further to our Announcement A11087, dated 16 June 2011.
This new information, additional to the previous nine KYC information data points (client type, client account number at Citibank and at KSEI, client name, client nationality, identity number, date of establishment, address and business type) will be required for account opening at the KSEI and for generating the SID.
Impact on customers
Customers of Clearstream Banking1 (considered as indirect clients), including those who may already have received their SID through their broker, will be required to submit the information via a questionnaire, which will be forwarded to them.
Both Clearstream Banking and its agent will support this exercise by submitting the customer-completed questionnaire to the KSEI.
For further information, customers may contact Clearstream Banking Customer Service or their Relationship Officer.
1. Clearstream Banking refers collectively to Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500 (CBF) and Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Register of Commerce and Companies under number B-9248 (CBL).
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