When do I need to provide you with the documents you’ve asked for?
This will vary according to your classification or the type of account/policy you own. Please refer to the letter we’ve sent you, which will confirm when you need to provide us with the documents we’ve asked for.
Who will you share my information with?
The UK has signed an Inter-Government Agreement (IGA) meaning that HSBC must share information with HM Revenue and Customs. HM Revenue and Customs will submit your information to the IRS.
What will happen if I do not return the documents I have been asked for under FATCA?
If you don’t provide us with the forms, documents and signed acknowledgment slip within the stated timeframe, we will consider you to be a US person reportable to HM Revenue and Customs until you return the documentation. This may mean we will report your accounts and/or policies to HM Revenue and Customs who will send the information to the IRS. Failure to provide us with the forms, documents and signed acknowledgment slip may also prevent us from opening new accounts and/or policies for you and result in the possible closure of existing accounts.
I do not have access to the internet and/or a printer, how do I access the IRS forms that I need?
Please visit your local branch and a member of our team will be happy to help.
How do I get the forms and documents to you?
Please bring the documents we’ve asked for, along with the signed acknowledgement slip at the end of your letter, to your local branch.
Please do not post your documents to us.
Please note that HSBC is unable to offer tax advice. For tax-related questions please contact your professional tax adviser or refer to the IRS website.