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Recertification of Foreign Status

Federal law requires that a completed and signed, original Form W-8 BEN (for foreign individuals) or Form W-8 BEN-E (for foreign legal entities) be provided to us by each foreign customer to prevent tax withholding at a rate of 30% of any interest paid. Recertification of foreign status is completed every 3 years. Each foreign individual or foreign legal entity that is an owner on the account at Vantage Bank Texas is required to file a separate Form W-8 BEN.

If you are no longer exempt from tax withholding due to a change in your foreign status, please complete, sign and return to us a Form W-9 (for U.S. persons, including resident aliens). Form can be mailed to us at P.O. Box 1700, McAllen, TX. 78501 and/or may be delivered to a banking center location.

If you require further assistance regarding your account, please contact us at 1-866-580-7262 or visit your local Vantage Bank Texas banking center.

Disclaimer: This is intended as general information only and is not providing any legal or tax advice.