US Trading FAQ

The U.S. Internal Revenue Service (IRS) W-8BEN/W-9 Form is an external form that helps us verify whether you're a U.S. person and your related tax status.

It serves as a self-certification under the United States Foreign Account Tax Compliance Act (FATCA). This form has to be completed before placing any trade in the U.S. Markets.

W-8 is for foreigners

W-9 is for U.S. citizens or legal residents for different tax purposes. W-9 validity depends on the accuracy of the information provided and has no official expiration date.

Re-submission of W-8BEN may be required if you are exempted as a U.S. person and there are changes to your U.S. Indicia (e.g. U.S. address, contact numbers, etc).

Submission of W-9 is required if you are not exempted as a U.S. person and there are any changes to your U.S. Indicia (e.g. U.S. address, contact numbers, etc). W-9 is required if you wish to liquidate your U.S. shares.

1. To start trading in the U.S. market, complete your online W-8BEN form, by logging in to your DBS Vickers online trading platform (My Account > Account Management) or mTrading App (“More” tab).
2. Once your W-8BEN form has been processed, please acknowledge the following agreements to start trading in U.S. Markets:
   
   1. United States Market (Accept/Review Withholding Tax Agreement)
   2. Overseas Listed Investment Products (Acknowledge/Review Risk Warning Statement)
3. For more information, find out how to activate your U.S. market trading here.

1. To start trading in the U.S. market, complete your W-8BEN form and email it to us.
2. Once your W-8BEN form has been processed, please acknowledge the following agreements to start trading in U.S. Markets:
   
   1. United States Market (Accept/Review Withholding Tax Agreement)
   2. Overseas Listed Investment Products (Acknowledge/Review Risk Warning Statement)
3. For more information, find out how to activate your U.S. market trading here.