What does being a âUS personâ mean for me?
Rest assured that being classified a âUS personâ will not affect your day-to-day banking service, but will help us identify
customers whose account details may need to be shared with their local tax authority. If you are identified as a 'US
person' we will write to you for self-certification.
If youâre an existing Virgin One customer, you may need to provide specific documentation, so we can apply the
right FATCA classification to your accounts. If you are classified as a âUS personâ, we will be required to report information
about you and your accounts to your local tax authority, every year.
Please note that Virgin One cannot offer any tax advice about FATCA, and we recommend you contact a professional and independent tax adviser to discuss your personal tax situation.