FICA requirements

To register as a Webtrader client, the Financial Intelligence Centre Act 38 of 2001 (FICA) requires Standard Bank to request and obtain certain documentation from you before it may process your application. Original or certified copies of these must be posted to:

The Standard Bank of South Africa Limited
Webtrader (Global Markets)
P O Box 61309
Republic of South Africa

Or hand delivered to:

Standard Bank Global Markets
1st Floor, East Wing
30 Baker Street
Republic of South Africa

Please view the list of documents required for South African Individuals below:

  1. Original certified copy of a valid South Africa Identification Document or a valid unexpired passport in the case of a foreign national.
  2. Proof of residential address, for example, a utility bill such as a water and electricity bill, a telephone bill (not older than three months), or a current lease agreement. The documents must be in the name of the applicant.
  3. Proof of income tax number, for example, a copy of an official document issued by the South African Revenue Services (SARS). An IRP5 will not be accepted.
  4. Cancelled cheque or a certified copy of your bank statement (not older than 3 months). The name of the bank account must be in the name of the applicant.
  5. Proof of the tax clearance certificate issued by SARS, in respect of the utilization of your annual offshore investment allowance, if applicable.