AmericasUnited StatesLicensed-entity research

Morgan Stanley Bank, National Association

Morgan Stanley Bank, National Association (Morgan Stanley Bank, N.A.; MSBNA)

Morgan Stanley Bank, N.A. is a national bank regulated by the U.S. OCC, with deposits insured by the FDIC. Its official quarterly reports state that its business includes commercial lending, certain retail securities-backed loans, derivatives, and deposit products. Deposits in the Preferred CD and Savings products presented on its website may be provided by MSBNA and/or its affiliate Morgan Stanley Private Bank, National Association. However, brokerage-account, country-of-address, and business-type restrictions mean this is not a commitment to offer direct bank account opening to the general public.

Regulator: Office of the Comptroller of the Currency (OCC; primary federal regulator). The FDIC provides deposit insurance; FDIC BankFind also lists the CFPB as a secondary federal regulator.
Check date: 2026-10-26
Verify status: Some information remains to be confirmed: MSBNA's separate legal entity, FDIC-insured deposit records and OCC Charter 24908 regulatory record have been checked. However, the eligible-country list, eligibility of resident/non-resident individuals and ordinary companies, dedicated document lists, remote witnessing methods and subsequent completion status of the derivatives business transfer application dated 2025-12-15 still require confirmation from the bank or the latest records. This profile is not a promise of acceptance for account opening and does not indicate a currently bookable channel through RGYS.

Research scope and official resources

Topic number:americas-morgan-stanley-bank-na

2026 selection of large U.S. banking groups, using the Tier 1 capital measure in The Banker Top 1000 World Banks 2026 as a selection lead; this measure is not the bank’s individual rank, a current global top 100 ranking, or evidence that it accepts a particular customer’s account application.

Bank’s official website

Personal Eligibility and Documents

The official website confirms that a Preferred CD must be opened through an eligible brokerage account and that the registered legal address must be in an “eligible country”; the product is issued by MSBNA and/or Morgan Stanley Private Bank, National Association. The product page does not list all eligible countries or specify acceptance rules for U.S. residents, non-U.S. residents, nonresident foreign nationals, or individuals with only a foreign address. Do not infer from this page alone that all nonresidents worldwide may apply. The Savings program also requires the registered address to be in an eligible country. Obtain written confirmation from Morgan Stanley about the applicant’s residence/tax residence status and the actual issuing bank for the intended deposit.

Personal information publicly disclosed or identified

The bank/product website does not publish a complete list of documents for personal account opening. The publicly stated eligibility conditions are a qualifying brokerage account and a legal address registered in an eligible country.
General U.S. bank KYC preparation guidance (not a specific policy published by Morgan Stanley): Prepare valid government-issued photo identification or a passport, your date of birth, and documents showing your current residential/legal address. Confirm with the bank which types of identification and address documents it accepts.
General tax preparation suggestion (not a product form checklist): If you are a U.S. taxpayer, prepare the applicable U.S. TIN and provide Form W-9 when required under IRS rules. If a foreign individual is the beneficial owner of withholding income, the IRS states that they may provide Form W-8BEN at the request of the withholding agent. The institution will confirm whether it is required, when it should be submitted, and what additional tax information is needed.
General due diligence preparation suggestion (not a published requirement of this bank): Prepare an explanation of the source of the funds to be deposited and relevant supporting evidence, to respond to risk reviews. The official public materials do not disclose a fixed format or list of source-of-funds documents for this bank.

Company eligibility and documents

The Morgan Stanley Preferred CD page expressly excludes government entities, investment advisers, investment companies, asset managers, pension plans, unregulated funds, regulated banks, and other financial companies (including foreign banks, credit unions, loan companies, national or state banks, insurance companies, broker-dealers, and securities holding companies). The website does not say whether ordinary operating companies not listed may open an eligible brokerage account and purchase this CD, nor does it publish complete account-opening requirements for foreign companies or non-U.S. beneficial owners. MSBNA’s quarterly report mentioning commercial lending does not amount to a commitment to open deposit accounts for any company; eligibility and the legal entity that would actually open the account must be confirmed in writing on a case-by-case basis.

Company information publicly disclosed or identified

The bank’s website does not publish a complete list of account-opening documents for ordinary companies, foreign companies, or customers with non-U.S. UBOs; the product page only states that certain business types may not purchase CDs.
General preparation guidance for opening a U.S. bank account (not a Morgan Stanley-specific policy): Prepare company registration/incorporation documents, proof of good standing or registration, the principal business address, a tax identification number, and a description of business activities. The required document formats, certification/translation requirements, and acceptable jurisdictions must all be confirmed in writing.
General AML/KYC preparation suggestions (not a published checklist of this bank): Prepare an ownership and control structure chart, identity documents for the natural persons who qualify as ultimate beneficial owners and controllers, and information on authorized signatories. Be prepared to explain the source of funds and source of wealth. The bank may determine the required documents and verification methods based on risk and current rules.
General tax preparation suggestion (not a product form checklist): Prepare the company’s tax classification and applicable U.S./foreign TIN. A foreign entity may be asked to provide an applicable W-8 series form, but confirm the specific form and signatory with the bank/withholding agent.

Address, tax, and remote / witnessed procedures

Address and tax

The public product terms use the phrase “legal address of record in eligible countries”; the page reviewed does not provide a complete list of eligible countries or specify formats for proof of address for residents, non-residents, or businesses. First confirm with Morgan Stanley that the address is in a jurisdiction it currently accepts; do not treat a U.S. address, foreign residential address, or tax residency status as interchangeable. U.S. tax persons may prepare a TIN/W-9 as applicable; foreign individuals may submit a W-8BEN when required by the withholding party. FATCA-related regimes apply in the United States; the United States is not a CRS reportable jurisdiction, and it must not be described as having joined CRS. The bank has not published whether it collects foreign tax identification numbers, self-certifications for other tax residencies, or its reporting processes for this product; verify in writing.

Remote / witnessing

No public confirmation has been found that Morgan Stanley offers global non-residents video account opening, remote witnessing by a third party, or overseas notarized witnessing for the bank deposit/CD account opening discussed here. The product page only advises contacting the Morgan Stanley team and requires an eligible brokerage account; this does not establish that the entire process can be completed remotely. The bank must confirm in writing whether online signing is possible, whether a meeting with a financial adviser or in-person attendance is required, and what forms of document witnessing/notarization are accepted.

Public process reference

First check with the Morgan Stanley team whether the intended product is indeed issued for deposits by Morgan Stanley Bank, N.A., rather than the affiliated Morgan Stanley Private Bank, National Association. The website indicates that the product may be provided by either or both of the two banks.
Before submitting sensitive documents, ask the bank to confirm whether the applicant’s country of residence/registration, tax-residence status, personal or company status, and company business type meet the current product requirements. The official website does not publish a complete list of countries or rules for all customer categories.
The official website states that Preferred CD is available only to eligible brokerage accounts and advises customers to contact the Morgan Stanley team. The product page does not fully disclose the application steps or review documents for brokerage accounts; these must be obtained from that team.
If your application is accepted, submit the identity, tax, and due diligence information required by the team. When purchasing, check the issuing bank, CD term, and settlement date shown on the trade confirmation. The official CD disclosure states that the broker will inform customers of the issuing banks currently available for CDs and the primary-market settlement dates.
If you actually use a Savings deposit product, confirm which bank receives the funds and how that bank aggregates deposits for deposit insurance purposes. Buying a CD or becoming a customer of a brokerage account does not mean that a general-purpose MSBNA direct checking/savings account has been opened.

Compliance topics, details, and sources

US AML/KYC and ongoing due diligence

US FinCEN's BSA customer due diligence rule requires covered financial institutions to establish customer identification, customer risk profiling and ongoing monitoring procedures, and fulfill obligations such as reporting suspicious transactions. This is the US regulatory baseline, not a complete list of Morgan Stanley's policies for a particular customer; the bank's specific review procedures are not public.

Source:FinCEN — Information on Complying with the Customer Due Diligence Final Rule ；FinCEN — CDD Rule FAQs, updated May 6, 2026

Corporate UBOs, controllers and source of funds

FinCEN CDD generally requires identifying and verifying beneficial owners and control persons of legal entity customers. The 2026-02-13 exception order allows institutions, at their discretion, to verify at initial account opening, when there is reasonable doubt about the reliability of existing beneficial ownership information, and when required for risk-based ongoing due diligence, rather than repeating verification at every new account opening. Financial institutions may also choose to reverify at every account opening. MSBNA has not publicly disclosed what ownership chart or source-of-funds/source-of-wealth documents it requires, or whether it uses this exception; applicants should prepare documents as requested and should not interpret the exception as eliminating due diligence.

Source:FinCEN — CDD Rule FAQs, updated May 6, 2026 ；FinCEN Issues Exceptive Relief to Streamline Customer Due Diligence Requirements

U.S. Tax Identification, FATCA, and CRS

The IRS states that Form W-9 is used to provide a correct TIN to a payer required to report information to the IRS; when a foreign individual is the beneficial owner of a payment subject to withholding, the withholding agent may request Form W-8BEN. U.S. tax law also includes the FATCA regime; the United States is not a CRS-reportable jurisdiction and must not be described as having joined CRS. The customer’s tax-residency self-certification, foreign tax number, and the bank’s reporting practices for this product still need to be verified with the bank.

Source:IRS — About Form W-9 ；IRS — About Form W-8 BEN ；IRS — Foreign Account Tax Compliance Act FATCA ；OECD CRS Guidance for Samoa — Reportable Jurisdictions

U.S. Sanctions Screening

The U.S. Treasury Department’s OFAC maintains SDN and non-SDN sanctions lists and a search service; applicable sanctions restrictions for U.S. banks and related transactions should be screened. Public sources do not disclose Morgan Stanley’s specific internal screening thresholds, review times, or case-handling standards.

Source:U.S. Treasury OFAC Sanctions List Service

FDIC Deposit Insurance

FDIC BankFind marks MSBNA as FDIC-Insured. The FDIC calculates insurance for eligible deposits at insured depository institutions according to rules including those for the depositor, each insured depository institution and ownership category. Morgan Stanley’s product page states that, subject to applicable conditions, the principal and accrued interest on CDs are aggregated within the same insurable category. The insurance limits of two affiliated banks should not be assumed to apply automatically and separately to any accounts, and securities investments should not be mistaken for insured deposits.

Source:Morgan Stanley Preferred CD / CD Savings ；FDIC BankFind — Morgan Stanley Bank, National Association, FDIC Cert 32992 ；FDIC — Deposit Insurance

Account Opening Compliance Information

Account Opening Compliance and Document Preparation Guide

This page lists separately the requirements published by the bank, local regulations, and document preparation suggestions. Acceptance and specific requirements are subject to confirmation by the bank.

This guide concerns Morgan Stanley Bank, N.A. (MSBNA) and Preferred CD / Savings arranged through brokerage accounts with Morgan Stanley Smith Barney LLC (MSSB) in the publicly available information. It does not treat brokerage accounts or the affiliated Morgan Stanley Private Bank, N.A. as equivalent to general deposit accounts held directly with MSBNA. The website confirms only that CDs are available through eligible brokerage accounts, the registered address must be in an eligible country, and the products are provided by MSBNA and/or affiliated banks. Applicant, company, and actual deposit-bank eligibility must each be confirmed in writing on a case-by-case basis.

Date information checked:2026-10-26

Document Preparation Checklist

Personal identity, address and tax information

Who it applies to: Individual applicants; preparation advice only for responding to broker-channel or bank review, not a dedicated checklist published by MSBNA.
Documents to Prepare: Prepare a valid passport or other government-issued photo ID, and ensure that information such as name spelling and date of birth matches the application.
Organize your current residential address, registered address, and the country to which each belongs. First confirm whether that country is currently an eligible country for the product; tax residence should not be treated as equivalent to address eligibility.
Prepare the applicable U.S. or foreign tax identification number based on tax status. U.S. tax persons may prepare W-9; confirm with the bank/withholding agent whether it must be submitted and whether other tax forms are required.
Description: The official website does not publish a complete list of personal account-opening documents, acceptable proof-of-address formats, document validity periods, or certification/translation requirements. Prepare originals and clear copies in advance and confirm the specified format with the team before submission; this does not establish that proof of address is mandatory or that remote account opening is available.

Source:Morgan Stanley Preferred CD / CD Savings；IRS — About Form W-9

Company entity, authorization and ownership/control chain

Who it applies to: Corporate customers intending to apply for or use an eligible brokerage account/deposit arrangement; MSBNA has not made public complete eligibility criteria and document requirements for ordinary or foreign companies, and its product page lists ineligible industries.
Documents to Prepare: Prepare incorporation documents, current good-standing/registration records, registered address and tax identification information, and explain the company’s principal business, customer/supplier locations, and account purpose.
It is advisable to prepare a tier-by-tier ownership structure chart identifying direct and indirect natural-person owners, ownership percentages, controllers, directors/senior management, and the signatory authorization chain, with identity information for the relevant persons.
Prepare board resolutions, a letter of authorization or evidence of signatory authority. For foreign documents, first ask the bank whether it accepts copies, certified or notarized documents, or translations by an approved translator.
Description: The above is a preparation recommendation based on U.S. bank CDD due diligence requirements, not a document list published by MSBNA. For applicable legal entity customers, FinCEN requires identification of owners meeting the ownership threshold and one controlling person; financial institutions may adopt stricter internal procedures.

Source:FinCEN — Information on Complying with the Customer Due Diligence Final Rule；FinCEN — CDD Rule FAQs

Business purpose, expected funds, and supporting evidence of their source

Who it applies to: For individuals or legal entities; as preparation for risk review, especially where the intended deposit amount, flow of funds, or business activity is complex.
Documents to Prepare: Prepare a concise written explanation of the purpose of the intended product, source of funds, expected frequency, amount ranges and currencies for incoming/outgoing funds, and regions of the main counterparties.
Possible supporting evidence should reflect the actual source of funds, such as recent bank statements, salary/business income records, audited or financial statements, asset sale/investment redemption documents, or related contracts and invoices.
If the applicant is different from the remitter, source-of-wealth provider, or beneficial owner, prepare an explanation of the relationship and documents on authorization/fund flows for the bank to request further information as appropriate to the case.
Description: These are reasonable preparations for a customer risk profile and ongoing due diligence. They do not mean that the bank requires a fixed number of months of account statements, a uniform source-of-wealth document, or a minimum balance. The checklist, period, and form of certification have not been published.

Source:FinCEN — Information on Complying with the Customer Due Diligence Final Rule；FinCEN — CDD Rule FAQs

Due diligence and enhanced verification

Corporate beneficial owners and controllers

Basis for Verification: The FinCEN CDD Rule applies to covered U.S. financial institutions and legal entity customers: the ownership test generally identifies natural persons who directly or indirectly hold 25% or more of the ownership interests, if any, and one natural person with significant responsibility for managing, controlling, or directing the entity. The 2026 exception allows financial institutions to decide whether to forgo repeated identification and verification at every account opening; the exception identifies initial account opening, reasonable doubts about the reliability of information already obtained, and risk-based ongoing due diligence as circumstances in which verification is required.
Preparation recommendation: It is advisable to trace multi-layer ownership through to the individuals, explain how percentages are calculated and any nominee/trust arrangements or control rights, and have the relevant persons’ names, dates of birth, addresses, and government-issued identification numbers ready. When applying, ask whether MSBNA/MSSB applies an exception and whether it requires individuals below the 25% threshold or additional controllers. Do not assume that the company’s BOI filing status or this exception means the bank will not ask about UBOs.
Scope: U.S. federal regulatory baseline (limited to financial institutions/legal entity customers covered by the rules) and general preparation guidance; whether the bank uses an exception, expands the scope of information collected, or requires particular evidence has not been publicly disclosed.

Source:FinCEN — Information on Complying with the Customer Due Diligence Final Rule；FinCEN — CDD Rule FAQs

Source of Funds, Intended Use, and Ongoing Risk Profile

Basis for Verification: FinCEN CDD requires covered institutions to understand the nature and purpose of customer relationships, develop a risk profile, and continuously monitor for suspicious transactions, while maintaining and updating customer information on a risk basis. The regulations do not specify source-of-wealth documents or fixed transaction thresholds for MSBNA’s particular customers.
Preparation recommendation: Prepare evidence of the source of funds and a summary of expected activity consistent with the account’s intended use. If actual transactions differ substantially from the original description, keep contracts, invoices, transaction confirmations or an explanation of changes in the source of funds so that the matter can be explained as required by the bank.
Scope: Requirements under local federal rules for covered institutions; the documents listed and proactive explanations are general preparation advice, not fixed submission requirements expressly stated by MSBNA.

Source:FinCEN — Information on Complying with the Customer Due Diligence Final Rule；FinCEN — CDD Rule FAQs

Tax status and tax forms

Basis for Verification: The IRS states that Form W-9 is used to provide a correct TIN to a payer required to file an information return with the IRS. This description of its purpose does not establish that Form W-9 must always be submitted when opening this CD/Savings account; the bank product pages reviewed do not list a customer tax-form checklist.
Preparation recommendation: First organize the U.S. tax classification, TIN and tax-residence information for the individual/entity. If applicable and required by the bank or payer, complete W-9 as instructed. Non-U.S. customers should ask which W-8 series forms, foreign tax numbers or tax self-certification apply; do not substitute a bank form on your own.
Scope: Information on the purposes of IRS forms and general tax-preparation guidance; the specific forms, scope of collection, and reporting process for this product must be confirmed with the bank.

Source:Morgan Stanley Preferred CD / CD Savings；IRS — About Form W-9

Sanctions/PEP screening and explanations of sensitive names

Basis for Verification: The bank product pages reviewed for this research do not disclose MSBNA’s internal sanctions or politically exposed person (PEP) screening lists, thresholds, supplementary-documentation standards, processing times, or outcome criteria. It should not be inferred that PEP status automatically leads to rejection, nor does this research assert the bank’s specific legal determinations.
Preparation recommendation: As voluntary preparation, you may compile former names/spellings, nationalities, and employment histories for the applicant, controllers, and principal owners. If anyone has held public office or has a name matching someone on a list, prepare verifiable information distinguishing their identity and explanations of funds/relationships, and ask the team what additional documents may be needed.
Scope: For information gaps in public disclosures and general preparation suggestions only; this does not represent an express bank requirement or a conclusion about any specific customer.

Source:Morgan Stanley Preferred CD / CD Savings；FinCEN — Information on Complying with the Customer Due Diligence Final Rule

Ongoing Compliance Requirements After Account Opening

Changes to customer information and ongoing due diligence

FinCEN requires covered institutions to conduct ongoing risk-based monitoring and maintain and update customer information based on risk; it does not prescribe a uniform review schedule for all customers. Customers are advised to verify update procedures promptly with their brokerage team or bank when there are significant changes to address, tax status, ownership or control persons, business nature, or anticipated funds activity, and to retain supporting records. This is a prudent preparation measure, not a verified term of the MSBNA agreement.

Source:FinCEN — Information on Complying with the Customer Due Diligence Final Rule；FinCEN — CDD Rule FAQs

CD maturity, savings, and transaction restrictions

The current website states that, at CD maturity, principal and interest are automatically transferred to Preferred Savings. The Savings interest rate is variable, and more than 10 withdrawals/transfers per calendar month may incur an excess withdrawal fee. Savings is intended for brokerage accounts and is not a general direct bank account. Before opening an account or purchasing, check the current disclosures, which bank ultimately holds the funds, and the applicable terms. Rates and promotions may change; the above reflects only the page reviewed and should not be generalized to all accounts.

Source:Morgan Stanley Preferred CD / CD Savings

Tax information and transaction records

If the payer requires a customer’s TIN for information reporting, the IRS says the correct TIN may be provided on Form W-9. Keep copies of submitted tax forms and related payment and receipt records, and confirm with the bank whether updates are needed if your tax classification or TIN changes. No public timetable has been verified for MSBNA’s routine annual reviews, resubmission of tax forms or reporting.

Source:Morgan Stanley Preferred CD / CD Savings；IRS — About Form W-9

Please confirm with the bank before booking

Does this customer’s current country of residence/registration and tax status meet the product’s eligibility requirements? Can you provide the applicable country list and confirm whether the actual deposit would be held at MSBNA or Morgan Stanley Private Bank, N.A.?
Is the target channel the Preferred CD/Savings brokerage channel or a direct MSBNA bank account? Can ordinary companies and foreign companies use this channel, and are there exclusions by industry or entity type?
Which identity documents and forms must be submitted separately by individuals, legal entities, authorized signatories, and ultimate controlling persons? Are electronic/paper copies accepted, and are certification, notarization, translation, or in-person attendance required?
For this corporate customer, does the bank re-verify beneficial owners each time a new account is opened? Does it require information about shareholders with less than 25% ownership, additional controllers, or specific evidence of the ownership/control chain?
For source of funds/wealth, expected transaction activity, PEP or same-name sanctions screening, what case-specific supporting evidence might the bank request? Is there a channel for account maintenance or notifying the bank of material changes in information?
Which current written disclosure governs account-opening review times, fees, minimum/maximum transaction amounts, and the handling of funds when a CD matures?

Not confirmed by public information

Morgan Stanley’s product pages do not provide a complete list of eligible countries or clearly set out all eligibility rules for individual non-residents, foreign companies, and ordinary operating companies.
The reviewed pages do not confirm the dedicated document lists for each customer category, proof-of-address standards, document certification/translation requirements, or remote signing or witnessing arrangements of the bank/brokerage team.
The bank’s internal risk appetite, PEP/sanctions handling criteria, additional beneficial-owner thresholds, required periods covered by source-of-funds documents, due diligence timelines, and general account-opening fees are not public; written confirmation must be obtained for each case.
The publicly available product is a brokered CD/Savings product and does not establish that a general-purpose direct MSBNA account can be opened; product and interest rate terms may change.

Sources & Scope of Verification

Morgan Stanley Preferred CD / CD Savings
The complete product page has been opened and reviewed. It states that Preferred CDs are issued by MSBNA and/or MSPBNA and are available only for eligible brokerage accounts and eligible country registration addresses; it also lists ineligible business types. The page further explains that, at CD maturity, funds are transferred to variable-rate Preferred Savings; sets monthly withdrawal/transfer limits and fees for exceeding them; describes how FDIC coverage is aggregated; and states that CashPlus is not a bank account. The page footnote cites CRC #5486330 (06/2026), and the rate date is 2026-10-14; rates may change.
FinCEN — Information on Complying with the Customer Due Diligence Final Rule
The official FinCEN rule guidance has been reviewed. It supports covered institutions identifying customers and beneficial owners of legal entities, understanding the nature and purpose of relationships to develop risk profiles, conducting ongoing monitoring, and maintaining and updating information on a risk basis. It explains the general 25% ownership and control-person identification standards.
FinCEN — CDD Rule FAQs
The official FAQ containing the relevant sections was opened and read (the page indicates an update on 2026-05-06). It explains the discretionary exception authorisation for 2026-02-13 and that institutions decide whether to use it; it lists initial account opening, doubts about the reliability of information, and risk-based ongoing due diligence, and explains the 25% ownership test, one control person, and that banks may use stricter procedures.
IRS — About Form W-9
The official IRS guidance has been reviewed: W-9 is used to provide a correct TIN to a payer required to file an information return with the IRS. This is included to clarify tax-form guidance and does not establish that this bank product invariably requires the form.

Fees and timelines

The official Preferred CD page, with rates stated as of 2026-10-14 and subject to change before purchase, shows a minimum of USD 1,000, in increments of USD 1,000, up to a maximum of USD 50,000,000. A footnote states that this promotional balance cap is combined across MSBNA and Morgan Stanley Private Bank, National Association. This is information about a specific CD product, not a minimum deposit or committed limit for general MSBNA deposit accounts. The official website does not publish a review timeframe or uniform account-opening fee applicable to all customers. Specific rates, available terms, and transaction conditions may change and should not be estimated without written confirmation.

Limitations and practical considerations

Different product channels: CDs and Savings advertised on the official website are arranged through eligible brokerage accounts with Morgan Stanley Smith Barney LLC; CashPlus itself is a brokerage account, not a bank account. This does not support a promise that anyone can directly apply for a regular retail account with MSBNA.
MSBNA and Morgan Stanley Private Bank, National Association are different insured depository institutions. A CD or Savings account may be held by either or both; the actual transaction confirmation/deposit allocation must be checked. Do not treat an affiliate or brand name as the same legal depository institution.
The product requires registration at a legal address in eligible countries, but the verified official website pages do not list all eligible countries or clearly specify eligibility for all non-residents or foreign companies.
Preferred CD expressly excludes government entities and specified types of financial businesses, including investment firms, funds, banks, credit businesses, insurers and brokerages. Company types not listed are not automatically eligible.
FDIC insurance applies only to eligible deposits held at insured depository institutions and is aggregated by ownership category; direct deposits and brokered deposits at the same bank may be combined for calculation purposes.
This is only a verification of publicly available information. It does not indicate that Rengangyongsheng can currently arrange appointments or provide application assistance, or that Morgan Stanley has accepted an account-opening channel. Acceptance of an account-opening application is subject to formal confirmation from the bank.

Licensing evidence and regulatory verification

The FDIC BankFind record for Morgan Stanley Bank, National Association shows FDIC Cert #32992, with insured deposits since 1990-05-25. Its bank class is a federal national bank, its primary federal regulator is the OCC, and its OCC Charter is #24908; the record data is current as of 2026-10-16. The OCC's 2026 CRA examination record for Charter 24908 also explicitly identifies Morgan Stanley Bank, N.A. and its Salt Lake City address. As of 2026-6, Morgan Stanley's official website separately lists Morgan Stanley Bank, N.A. and Morgan Stanley Private Bank, National Association and their respective quarterly reports. The Bank Merger Act notice dated 2025-12-15 concerns the proposed transfer of Morgan Stanley Capital Services LLC's fixed-income derivatives business into MSBNA, not a merger of MSBNA and MSPBNA. The notice originally stated that completion was planned for the first quarter of 2026, subject to regulatory approval; the notice does not establish whether that business transfer was subsequently completed. Accordingly, the verification concerns MSBNA as a separate insured depository institution and its OCC charter record. It does not treat the holding company, brand or another affiliated bank as sharing the same license, nor claim that the status of the above business transfer has been fully verified.

Office of the Comptroller of the Currency (OCC; primary federal regulator). The FDIC provides deposit insurance; FDIC BankFind also lists the CFPB as a secondary federal regulator. Official registration or record

Information sources

Morgan Stanley Preferred CD / CD Savings
The official website states that Preferred CD is issued by Morgan Stanley Private Bank, National Association and/or Morgan Stanley Bank, N.A. It lists eligible brokerage accounts, eligible country addresses, and ineligible business types, and discloses the CD amount, term/rate date, and FDIC information indicated on the current page.
FDIC BankFind — Morgan Stanley Bank, National Association, FDIC Cert 32992
This official FDIC record shows that the bank has insured deposits, established on 1990-05-25, with OCC as the primary regulator and CFPB as the secondary regulator, and OCC Charter 24908. Data as of 2026-10-16; a Salt Lake City head office address is also provided.
OCC CRA Performance Evaluation — Morgan Stanley Bank, N.A., Charter 24908
The formal OCC CRA examination disclosure directly lists Morgan Stanley Bank, N.A., Charter Number 24908, a Salt Lake City address, and the OCC on its cover page, providing cross-verification of the target bank entity and its regulatory record.
Morgan Stanley Subsidiaries — Regulatory Information
Morgan Stanley’s official regulatory information index lists Morgan Stanley Bank, N.A. and Morgan Stanley Private Bank, National Association separately, and provides separate quarterly reports as of 2026 year 6 month, as well as separate Bank Merger Act notices.
Morgan Stanley Bank, N.A. Unaudited Quarterly Report — June 30, 2026
The target bank's official quarterly report dated 2026-06-30 describes it as a national bank offering commercial loans, certain securities-based loans, derivatives and deposit products. This supports verification of the bank entity/business type and its distinction from the holding company.
Notice of Bank Merger Act Application — Morgan Stanley
The official notice states that the application dated 2025-12-15 concerns the proposed transfer of Morgan Stanley Capital Services LLC’s fixed-income derivatives business to Morgan Stanley Bank, N.A., planned for completion in the first quarter of 2026 and subject to regulatory approval. The notice is not an announcement that the two Morgan Stanley banks are merging, and does not confirm whether the proposed transaction was completed as planned.
FinCEN — Information on Complying with the Customer Due Diligence Final Rule
FinCEN outlines the U.S. BSA CDD requirements for covered financial institutions: customer identification, identification and verification of legal entity beneficial owners, customer relationship risk profiling, and ongoing monitoring.
FinCEN — CDD Rule FAQs, updated May 6, 2026
FinCEN explains the beneficial ownership rule covered by CDD and the 2026-02-13 account-opening exception: at its discretion, an institution may identify and verify beneficial owners when an account is first opened, when the reliability of previously obtained information is questioned, and when risk-based ongoing due diligence requires it; it may also choose to continue verification at every account opening.
FinCEN Issues Exceptive Relief to Streamline Customer Due Diligence Requirements
The official FinCEN announcement describes three circumstances for verifying legal entity beneficial owners: initial account opening, doubts about reliability, and risk-based ongoing due diligence. It also makes clear that other BSA/AML and ongoing monitoring obligations remain in effect.
IRS — About Form W-9
The IRS states that Form W-9 is used to provide a correct taxpayer identification number (TIN) to a payer required to report information to the IRS.
IRS — About Form W-8 BEN
The IRS states that a foreign individual provides Form W-8BEN to a withholding agent or payer when they are the beneficial owner of the relevant payment; whether it must be submitted depends on that agent’s or payer’s requirements.
IRS — Foreign Account Tax Compliance Act FATCA
The IRS describes the U.S. legal framework under FATCA, reporting obligations for foreign financial institutions and certain entities, and information reporting on foreign assets/accounts of U.S. persons; this material does not establish the customer-form requirements for this Morgan Stanley product.
OECD CRS Guidance for Samoa — Reportable Jurisdictions
The OECD’s official CRS guidance makes clear that the relevant reportable jurisdictions do not include the United States; accordingly, it does not claim that the United States has joined CRS.
U.S. Treasury OFAC Sanctions List Service
The OFAC official page provides the SDN and consolidated non-SDN sanctions lists and a list search tool, supporting the basis for the relevant US sanctions screening baseline; it does not disclose the bank’s specific internal screening standards.
FDIC — Deposit Insurance
The FDIC explains the insurance coverage for insured deposit accounts and CDs, that insurance applies to deposits held at insured depository institutions, and that nondeposit securities products are not covered by FDIC deposit insurance.
Morgan Stanley CashPlus — Account Eligibility and Disclosures
Morgan Stanley’s official FAQ states that CashPlus is available only to existing clients with an investment relationship in an eligible jurisdiction, and that CashPlus is a brokerage account offered by Morgan Stanley Smith Barney LLC, not a bank account. This distinction helps differentiate the wealth-management brokerage channel from direct bank account opening.

Verification

Research verification

Most recently verified: 2026-10-26
Status: Some information remains to be confirmed: MSBNA's separate legal entity, FDIC-insured deposit records and OCC Charter 24908 regulatory record have been checked. However, the eligible-country list, eligibility of resident/non-resident individuals and ordinary companies, dedicated document lists, remote witnessing methods and subsequent completion status of the derivatives business transfer application dated 2025-12-15 still require confirmation from the bank or the latest records. This profile is not a promise of acceptance for account opening and does not indicate a currently bookable channel through RGYS.
Author: Drew

Appointment

First, find out whether this is suitable for your circumstances

To inquire about service fees, please contact Mr. Tang at Rengangyongsheng. An appointment is only for discussing document preparation and possible approaches; it does not mean the bank has accepted or approved an application.

Book a consultation with Drew

View the Compliance & Supporting-Documents Checklist Back to Overseas Bank Guides