AmericasUnited StatesLicensed-entity research

Truist Bank

Truist Bank (the specific FDIC-insured depository institution in U.S. FDIC records; distinct from its holding company, Truist Financial Corporation)

Truist Bank is a U.S. FDIC-insured depository institution verifiable in the FDIC BankFind record for the individual bank, distinct from the holding company Truist Financial Corporation. Its website provides information on personal checking/savings and small business account products, but the public materials reviewed do not clearly confirm account eligibility for foreign individuals, non-U.S. residents, or foreign-incorporated businesses; it therefore cannot be said to accept all such applicants.

Regulator: Federal Deposit Insurance Corporation (FDIC; FDIC BankFind lists it as the primary federal regulator and the CFPB as the secondary federal regulator)
Check date: 2026-10-26
Verify status: Some information pending confirmation

Research scope and official resources

Topic number:americas-truist-bank

The candidate record maps Truist Bank to a U.S. bank entity in the public large-institution screening for 2025/2026; this screening is a discovery lead, not an individual ranking for the entity, a current top 100 ranking, evidence that it accepts non-resident customers, or evidence that an appointment can currently be made through Rengangyongsheng.

Bank’s official website

Personal Eligibility and Documents

The official website displays personal checking products and an online account-opening option. The product pages reviewed do not say whether non-U.S. residents, nonresident foreign nationals, or overseas applicants may apply, or specify accepted places of residence, immigration statuses, foreign addresses, or online verification requirements. The public information therefore confirms only that personal account products exist; it does not confirm that any particular category of nonresident is eligible, nor does it establish the full scope of U.S. residency requirements. Before applying, obtain written confirmation directly from Truist about the applicant’s actual place of residence, tax status, identity documents, application channel, and selected product.

Personal information publicly disclosed or identified

The personal account-opening product pages reviewed for Truist do not provide a complete list of account-opening documents; the bank's specific policies remain to be confirmed.
General preparation suggestion (not a verified Truist policy): Valid government-issued photo ID or passport, date of birth and contact details, applicable U.S. SSN/ITIN or other tax identification details, proof of residential/mailing address, and materials explaining the source of funds. The bank must confirm whether these are required, which alternatives it accepts, and whether non-U.S. documents can be used.
If the bank requests a tax form based on the applicant’s tax status, first confirm which form actually applies. The IRS’s guidance on Form W-8BEN says that a foreign individual submits it when they are the beneficial owner of a payment subject to withholding and the payer/withholding agent requests it; this does not establish that it is a required account-opening document for this account.

Company eligibility and documents

Truist's small business account-opening guidance page visibly includes sections such as Business information, Personal information, and Additional party applications, but the page available for review did not show the full details within each section. Public materials did not confirm whether Truist accepts companies established abroad, foreign addresses, or entities with non-U.S.-resident owners/controllers, nor did they verify restrictions by industry, entity type, or branch. The presence of the page or terms for other promoted products cannot be used to infer that foreign businesses can open accounts or that they are categorically refused; obtain written confirmation from Truist for the proposed legal entity and ownership structure.

Company information publicly disclosed or identified

The visible sections on Truist's small business account-opening guidance page are Business information, Personal information, and Additional party applications, but the page read for this review did not display a complete list of fields/documents. It cannot be claimed that the website's complete documentation requirements have been verified.
General preparation suggestion (not a verified Truist policy): Entity formation/registration and existence documents, an applicable EIN or foreign tax number, business address and nature of business, details of authorized signatories and controlling persons, ownership chain and beneficial ownership information, identification documents for relevant individuals, and materials explaining the purpose of opening the account and source of funds. Whether the bank accepts foreign formation documents, certified/translated copies, and particular formats must be confirmed in writing.
The IRS describes Form W-8BEN-E as a form used by foreign entities to document their status under Chapter 3/Chapter 4 of U.S. tax law and other relevant provisions; this does not mean that Truist has publicly stated that every foreign-entity account applicant must submit this form.

Address, tax, and remote / witnessed procedures

Address and tax

The Charlotte, North Carolina address listed in the FDIC institution record is the bank’s headquarters, not an account-opening address requirement for customers. The Truist pages reviewed do not specify the types of residential or mailing addresses available to nonresident customers, the scope of foreign addresses accepted or the required format for proof of address. The U.S. tax identification number and tax status documents applicable to an individual or business must be confirmed with the bank based on the person’s actual status and the account or payment circumstances. IRS Forms W-8BEN/W-8BEN-E concern documentation of foreign individual/entity status, respectively, and must not be treated as universal account-opening documents. This file does not describe the United States as a CRS participant or Truist account reporting as a CRS requirement; confirm with the bank which U.S. tax reporting rules, FATCA-related forms and specific tax-residency self-certification requirements apply.

Remote / witnessing

The official website provides an online account-opening link, but this alone does not establish that non-U.S. residents can open an account remotely. In this review, no verifiable information was found confirming that Truist supports video account opening from anywhere in the world, accepts third-party witnessing/notarization, or allows nonresidents to complete the entire application remotely. Whether an in-person visit is required, whether documents can be electronically signed, and any witnessing requirements must be confirmed in writing by the bank.

Public process reference

Publicly verified: Select the personal or small business account category on the Truist website and review the corresponding products and disclosures; the online account-opening portal displays account categories to choose from.
The small-business information page indicates that application information is divided into categories such as business information, personal information and other application participants; the actual fields, document-upload requirements and verification steps are not fully visible on the accessible page.
Before submitting a personal or business application, verify with Truist the applicant entity, place of residence/registration, identity of owners and controllers, tax documents, address, online/in-person channels and requirements for additional documents. Public information cannot guarantee acceptance of nonresidents, review times or approval.

Compliance topics, details, and sources

US AML/KYC and customer due diligence

FinCEN’s overview of the CDD Rule for applicable U.S. financial institutions includes identifying and verifying customer identity, identifying and verifying beneficial owners of legal entity customers, understanding the nature and purpose of the relationship to develop a risk profile, and ongoing monitoring. This is a U.S. regulatory baseline and does not establish the specific documents or internal review procedures Truist uses for a particular type of applicant; the FinCEN page also lists exception or exemption rulings for specific circumstances, whose applicability depends on the rules in effect at the time.

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

Business beneficial owners, controllers and source of funds

The FinCEN CDD page states that covered institutions must identify and verify beneficial owners of legal entity customers, and refers to individuals who own 25% or more of the ownership interests and control persons. This regulatory guidance supports preparing ownership and control information for due diligence, but does not mean Truist has publicly disclosed its business document checklist or that it requires the same source-of-funds documents for every account; the latter should be confirmed with the bank based on the application.

Source:Truist — Requirements to Open a Business Bank Account ；FinCEN — Information on Complying with the Customer Due Diligence Final Rule

U.S. Tax Status, FATCA-Related Forms, and the Scope of CRS

The IRS FATCA forms page lists W-8BEN and W-9 among forms related to account holders. The IRS separately states that W-8BEN applies to eligible foreign individuals, while W-8BEN-E is used by foreign entities to document relevant U.S. tax status. Whether a form applies to this application and to whom it should be submitted depends on the applicant’s status and the bank’s requirements. This file does not claim that the United States has joined CRS or present CRS as a Truist account-opening or reporting requirement; tax documents and reporting details for nonresident accounts must be confirmed with the bank.

Source:IRS — About Form W-8 BEN ；IRS — About Form W-8 BEN-E ；IRS — FATCA Related Forms

U.S. Sanctions Screening

The U.S. Treasury Department’s OFAC administers and enforces economic and trade sanctions against certain jurisdictions, regimes, and individuals/entities. OFAC states that U.S. persons must comply with applicable sanctions and that some restrictions also apply to non-U.S. persons. Truist’s screening procedures, triggering criteria, or handling of individual transactions have not been verified on the public pages reviewed; applications and transactions must comply with applicable laws, and attempts to evade screening should not be made.

Source:U.S. Treasury OFAC — Basic Information on OFAC and Sanctions

FDIC Deposit Insurance (Bank’s Public Disclosure)

Truist's FDIC information page lists the deposit categories it describes and the insurance limits applicable by ownership category, and states that stocks, bonds, mutual funds, annuities, and similar products are not within the FDIC deposit insurance coverage it lists. The stated limits should not be understood as each account at the same bank independently receiving the same coverage amount for one customer; coverage should be checked under FDIC rules and account ownership categories.

Source:FDIC BankFind Suite — Truist Bank, Institution Details ；Truist — FDIC Insurance: Personal and Business Deposit Protection

Compliance evidence

Account-opening compliance and supporting-document checklist

The bank’s stated requirements, local regulations, and preparation recommendations are presented separately. Acceptance in a specific case is subject to confirmation by the bank.

This guide concerns FDIC-registered Truist Bank. Its publicly available small-business account-opening information and commercial services agreement relate to business deposit accounts and do not establish that the same conditions apply to Truist Financial Corporation or its affiliates. Truist offers personal and small-business products, but the materials reviewed do not confirm whether non-U.S.-resident individuals, foreign-incorporated entities, or foreign controllers are eligible. The personal documents listed below are preparation suggestions; the commercial agreement expressly applies only to business accounts.

Date information checked:2026-10-26

Information evidence package

Business entity, authorized persons and control chain

Who it applies to: Companies, partnerships, or other legal entities intending to apply for a business deposit account; the corporate agreement terms in this group do not apply to personal accounts.
Documents to Prepare: Prepare proof of registration/incorporation, a certificate of continued existence or good standing, articles of association/organizational documents, and any applicable business licenses. List the place of registration, business address, nature of business, and tax identification number.
Prepare an authorization resolution or equivalent authorization document, and a list of signatories and other parties involved in the application, with proof of identity. Truist’s account-opening information publicly lists only the sections Business information, Personal information and Additional party applications; it does not publish a complete document checklist.
Prepare a tiered ownership chart tracing ownership to natural persons, stating direct/indirect ownership percentages, means of actual control and authorised representatives. Prepare supporting documents such as registers, shareholder lists or organisational documents.
Description: The above specific evidence is suggested preparation for applicants, not a verified mandatory Truist checklist. The Commercial Services Agreement expressly requires beneficial owner information for legal entities when opening a bank account and allows it to be requested again later. The agreement does not publish upload methods, formats, certification/translation rules, or acceptable document validity periods. Confirm with the bank whether originals, certified copies, or English translations are required.

Source:Truist — Requirements to Open a Business Bank Account；Truist Bank — Commercial Bank Services Agreement

Personal identity, address and tax status documents

Who it applies to: Individual applicants and controllers, owners and authorized signatories in business applications; acceptance of non-residents remains subject to confirmation by the bank.
Documents to Prepare: It is advisable to have a valid passport or government-issued photo ID ready and ensure that the name, date of birth, and spelling match the application. If your name is spelled in more than one way, include a brief explanation.
Prepare verifiable actual residential address information and recent official correspondence/bills or other proof of address, and distinguish the residential address from the mailing address. Do not assume that Truist accepts all overseas addresses or applies a uniform validity period to proof of address.
First gather a U.S. SSN/ITIN (if applicable), foreign tax-residency status and tax ID. Confirm whether W-9, W-8 or other tax documents apply based on the bank’s actual account and identity requirements; do not assume a form applies in advance.
Description: Truist's business agreement states that it may collect identification and tax information for entity representatives; its description of passport number, country of issuance, and foreign address for non-resident aliens is a consumer identification provision in the agreement. It is not a promise that non-resident individuals are permitted to open accounts and should not be applied directly to business accounts. The IRS explains that Form W-8BEN is an identity document for eligible foreign individuals who are beneficial owners of amounts subject to withholding, provided to a payer/withholding agent; it is not a general bank account-opening document.

Source:Truist Bank — Commercial Bank Services Agreement；IRS — About Form W-8 BEN, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting

Business, funds and transaction evidence

Who it applies to: Individual and business applicants may prepare according to the intended account use; this is particularly relevant to those expecting cross-border payments, a large initial deposit, or a complex business chain. This is a due diligence preparation suggestion.
Documents to Prepare: Prepare a one-page business summary covering the main products/services, customer and supplier regions, expected transaction currencies, frequency and amounts, account purpose, and main payment and receipt routes.
Prepare source-of-funds evidence commensurate with the deposit amount, such as salary/dividend records, financial statements, asset-sale documents, contracts and invoices, financing documents, or payment records from counterparties, and identify the flow of funds.
If the applicant is a business, prepare recent financial statements or management accounts, major contracts/invoices, website/business evidence and information on the source of initial funds. If the applicant is an individual, prepare relevant records explaining the source of the initial deposit.
Description: FinCEN CDD rules require covered financial institutions to understand the nature and purpose of customer relationships, establish a risk profile, and conduct ongoing monitoring. This does not mean that Truist has publicly stated that every customer must submit any particular document listed above. Prepare verifiable documents based on your planned transactions; the bank’s specific requirements and any additional documentation must be confirmed on a case-by-case basis.

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

Due diligence and enhanced verification

Beneficial owners, controllers and organizational changes

Basis for Verification: Truist's Commercial Banking Services Agreement states that beneficial ownership information must be provided when opening a business legal entity account, and the bank may request it again later; false information or refusal to provide it may lead to freezing or closing the account. FinCEN's CDD overview for covered institutions includes identifying and verifying beneficial owners of legal entity customers; it generally describes identifying those who own 25% or more and one control person, but also lists specific exemptive relief. Therefore, the percentage cannot be generalized as the only applicable rule in all cases or for all accounts.
Preparation recommendation: Before submission, check that ownership percentages total correctly and that indirect ownership calculations, the controller’s role, and signing authority are consistent. If there is a trust, nominee ownership, a complex ownership chain, or no single 25% owner, prepare an ownership chart and explanation, and confirm with Truist which forms and identification criteria apply to the case.
Scope: The bank expressly states the requirements in its commercial agreement, separately from the U.S. regulatory baseline; exceptions to the rules and bank forms must be confirmed.

Source:Truist Bank — Commercial Bank Services Agreement；FinCEN — Information on Complying with the Customer Due Diligence Final Rule

Source of Funds, Source of Wealth, and Transaction Purpose

Basis for Verification: FinCEN CDD requires banks to understand the nature and purpose of relationships, develop customer risk profiles, and conduct ongoing monitoring. Public information does not disclose Truist’s source-of-funds or source-of-wealth trigger thresholds, required evidence, or review standards for specific customer types.
Preparation recommendation: It is advisable to ensure that the incoming amount, purpose of the account, contracts/invoices and source-of-funds records corroborate one another. For shareholder contributions, payments on behalf by related parties, asset sales or cross-border remittances, prepare an explanation of the relationship between the payer and applicant, the transaction background and the complete funds flow. Do not split transactions to evade reporting or inquiries.
Scope: General preparation suggestions and applicable regulatory baseline; this does not mean Truist expressly requires every item or has published risk limits.

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

Tax Residency Status and FATCA Forms

Basis for Verification: Truist's Commercial Services Agreement states that, in cases involving interest payments on accounts to certain foreign financial institutions, investment funds, or foreign non-financial entities, the bank may require documentation of FATCA status and other applicable information; the agreement states that failure to provide it may result in 30% withholding on the relevant interest. The IRS description of Form W-8BEN concerns identity documentation for foreign individuals as beneficial owners of amounts subject to withholding; it is not a general account-opening rule.
Preparation recommendation: It is advisable to accurately state tax residence, a U.S. tax identification number (if applicable), and the entity’s FATCA classification. First ask the bank which specific forms are required, who must submit them, which accounts they apply to, and when they must be updated. Do not determine tax status based solely on nationality.
Scope: The bank’s express terms in the commercial agreement apply only to the circumstances described therein. IRS forms are for tax reporting purposes; the bank must confirm which specific forms apply based on the facts.

Source:Truist Bank — Commercial Bank Services Agreement；IRS — About Form W-8 BEN, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting

Information on PEPs, sanctions and high-risk associated parties

Basis for Verification: The Truist public account-opening information and agreements reviewed for this research do not disclose the definition of a PEP, sanctions screening procedures, restricted-country lists, risk scoring, or rejection standards. FinCEN only supports banks understanding the purpose of relationships on a risk basis and conducting ongoing monitoring; this does not establish that PEPs are always rejected or reveal internal list rules.
Preparation recommendation: If the applicant, controller, or a related person has a public-office/political connection, business in a sensitive jurisdiction, or a situation likely to cause a name match, we recommend accurately preparing explanations of the position and term of office, relationship, source of funds, and transaction background. Do not conceal information or attempt to evade screening, and ask the bank whether additional explanations are required.
Scope: The bank's internal standards are not published; general preparation is recommended. This item does not constitute an assessment of whether an individual is a PEP or subject to sanctions.

Source:Truist Bank — Commercial Bank Services Agreement；FinCEN — Information on Complying with the Customer Due Diligence Final Rule

Ongoing maintenance obligations

Updates to customer, organization, and beneficial owner information

Truist's business agreement requires customers to report changes in organizational status; the bank may request beneficial ownership information again and states that inaccurate information or refusal to provide additional information may result in freezing or closing the account. The agreement does not specify a fixed annual review frequency. Customers are advised to contact the bank promptly and retain confirmation of updates when ownership, control, authorized representatives, name, or business address changes.

Source:Truist Bank — Commercial Bank Services Agreement

Contact information, statements, and transaction records

The commercial agreement requires customers to notify the bank immediately of any change of address, email or telephone number. It also requires notification if the first statement is not received within 30 days after account opening, or if a periodic statement is not received within 10 days after its date. We recommend checking statements, counterparties and the contact address held by the bank regularly, and keeping contracts, invoices and remittance records to help explain unusual or queried transactions.

Source:Truist Bank — Commercial Bank Services Agreement

Ongoing due diligence and responses to tax-information requests

The FinCEN CDD baseline includes ongoing monitoring and risk-based maintenance and updating of customer information; specific procedures are determined by the bank. The commercial agreement also allows Truist to request beneficial ownership information later and requires FATCA certification for the specific foreign-entity/institutional interest situations described. Public information does not specify a general review cycle; respond promptly to bank information requests and consult a tax adviser about filing obligations.

Source:Truist Bank — Commercial Bank Services Agreement；FinCEN — Information on Complying with the Customer Due Diligence Final Rule

Please confirm with the bank before booking

Does Truist Bank accept individuals currently living abroad, foreign-incorporated businesses, or businesses controlled by non-U.S. residents? Which specific product and accepting entity would apply?
Can an overseas address, foreign passport, and foreign tax identification number be used for an application? Must an applicant also provide a U.S. SSN/ITIN, a U.S. entity, or a local physical address?
For this type of entity, please provide the complete application fields and document checklist. Must company registration documents be certified, translated, or provided as originals, and what electronic signature/upload methods are accepted?
Please confirm the beneficial owner and controller identification form, how indirect ownership is calculated, and how cases involving trusts, nominee holdings, or no single holder with 25% are handled.
Which tax/FATCA forms should this applicant submit? After the account is opened, which changes to ownership, address, tax status, or authorization must be reported, and through what channel should they be updated?
Does this application require an in-person appointment at a U.S. branch, and are remote applications accepted? What are the opening deposit, fees, additional-document requirements, and estimated review time?

Not confirmed by public information

Publicly available information does not confirm account-opening eligibility, products available for application, or geographic restrictions for non-U.S. resident individuals, foreign businesses and foreign controllers.
Truist's account-opening guidance shows only sections for business, personal, and other application participants; it does not publish the complete fields, supporting documents, certification/translation formats, or validity periods.
The sources reviewed do not confirm remote account opening, video verification, third-party witnessing, electronic submission of overseas documents, or whether an in-person branch visit is required.
Fees for non-resident applications, approval timelines, rounds of requests for additional documents, internal risk appetite, country/industry restrictions, and specific transaction monitoring thresholds have not been published; no assumptions are made.
The personal account agreement and the business services agreement are not the same terms; the business-account maintenance obligations cited here should not automatically be applied to personal accounts. Tax forms must be confirmed with the bank based on the actual status, account, and payment circumstances.

Sources & Scope of Verification

Truist — Requirements to Open a Business Bank Account
The page actually reviewed displays only three sections: Business information, Personal information, and Additional party applications. This confirms the publicly displayed grouping of information, but does not support claims about complete fields within those sections, eligibility for applicants abroad, or specific documents being mandatory.
Truist Bank — Commercial Bank Services Agreement
The Truist business account agreement was downloaded and read using pdftotext; it applies to business accounts. It specifies the provision of beneficial-owner information when opening an account, the bank's right to request it later, notification of changes to organisational status and contact details, statement-notification deadlines, certain FATCA certification circumstances, and consequences of inaccurate information or refusal to provide it.
FinCEN — Information on Complying with the Customer Due Diligence Final Rule
The official guidance describes the identification and verification of customers at covered institutions, identification and verification of beneficial owners of legal entities, the purpose of the relationship and risk profile, ongoing monitoring, and risk-based record maintenance and updates. It lists the usual 25% ownership and control-person standards and provides a link to a ruling on specific exceptions.
IRS — About Form W-8 BEN, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting
The IRS states that a foreign individual provides Form W-8BEN to a withholding agent or payer when they are the beneficial owner of a payment subject to withholding, and submits it when requested by the other party; this supports distinguishing the tax form’s purpose from universal account-opening documentation.

Fees and timelines

No specific fee, approval timeline, or transfer/account limit commitment for non-resident account opening has been found from Truist. As a specific product reference, not confirmation of non-resident eligibility: as of 2026-10-26, the Truist Dynamic Business Checking disclosure states a minimum opening deposit of USD 100, a monthly maintenance fee of USD 25, and that maintaining an average combined relationship ledger balance of USD 5,000 waives that monthly fee. The amounts and waiver conditions apply only to this product; confirm conditions for other products and international customers separately.

Limitations and practical considerations

FDIC records as of 2026-10-23 show that this institution is a state-chartered, non-Federal Reserve member bank, with the FDIC as its primary federal regulator. For state-level charter details or specific business licenses, consult records from the relevant state authority separately.
The Truist pages reviewed do not clearly confirm whether non-U.S. residents/non-resident aliens may open personal accounts, or whether foreign companies, foreign addresses, or non-resident controllers may open business accounts.
Geographic data on branch networks in FDIC records describes bank locations and is not equivalent to customer residence eligibility rules; nor does it indicate that an overseas application can be completed online.
A public product page does not mean an application has been approved, that applications from a particular country/region are accepted, or that the entire account-opening process can be completed remotely from abroad; the bank must confirm the selected product, applicant entity, and place of residence/registration.
This information is research based solely on public sources. It is not evidence of an account-opening channel currently available for appointments or agency service through Rengangyongsheng, or of any business relationship with Truist.

Licensing evidence and regulatory verification

The FDIC BankFind institution details directly list Truist Bank, FDIC Certificate #9846, FDIC-Insured (since 1934-01-01), and data date 2026-10-23. They classify it as a state-chartered, non-Federal Reserve System member bank, with the FDIC as its primary federal regulator. This record is sufficient to verify that the bank referred to in this file is a specific FDIC-listed insured depository institution, not the holding company Truist Financial Corporation. This is not an independent verification of North Carolina state charter terms, all business permissions or eligibility for customers in any foreign jurisdiction. The FDIC certificate number is not described as a state banking license number covering all business activities.

Federal Deposit Insurance Corporation (FDIC; FDIC BankFind lists it as the primary federal regulator and the CFPB as the secondary federal regulator) Official registration or record

Information sources

Truist — Checking Accounts
Truist's personal checking product page displays personal checking products such as Truist One Checking and their published product information; the page does not provide the complete eligibility rules for non-residents abroad required for this review.
Truist — Open Checking Account Online / Banking Accounts
Truist's personal online account-opening entry page displays several account products and some published minimum opening deposit/monthly fee information; the dynamic page content read did not include complete applicant eligibility or document requirements.
Truist — Requirements to Open a Business Bank Account
The sections readable on Truist's small business account-opening guidance page include Business information, Personal information, and Additional party applications; extraction of the page did not show the complete fields and document requirements under those sections. It supports the section structure and indicates information gaps, but does not support a conclusion about eligibility for foreign businesses.
Truist — Dynamic Business Checking Account Fees and Disclosures
The disclosure page for this specific business checking product lists a minimum opening deposit of USD 100, a monthly maintenance fee of USD 25, and a monthly fee-waiver condition based on a combined average relationship balance of USD 5,000; these figures apply only to this product.
FDIC BankFind Suite — Truist Bank, Institution Details
The specific FDIC record for Truist Bank lists FDIC Cert #9846, FDIC-Insured since 1934-01-01, data date 2026-10-23, state-chartered, non-Federal Reserve member classification, FDIC as primary federal regulator, CFPB as secondary federal regulator, and its Charlotte headquarters and institution identifiers. This supports verification of the specific entity and its regulatory status.
Truist — FDIC Insurance: Personal and Business Deposit Protection
Truist's public explanation of the FDIC-insured and uninsured product categories it lists, and the coverage limits applicable to different account ownership categories.
FinCEN — Information on Complying with the Customer Due Diligence Final Rule
Overview of the US CDD rule's requirements for customer identification, verification of the identities of legal entity beneficial owners, relationship risk profiling and ongoing monitoring; the page also lists specific exemption rulings.
IRS — About Form W-8 BEN
The IRS states that an eligible foreign individual provides Form W-8BEN to a payer or withholding agent when they are the beneficial owner of a payment subject to withholding, and submits it when requested by the other party; it should not be described as a universal bank account-opening requirement.
IRS — About Form W-8 BEN-E
The IRS states that Form W-8BEN-E is used by foreign entities to document their status under Chapter 3, Chapter 4, and other relevant provisions of U.S. tax law.
U.S. Treasury OFAC — Basic Information on OFAC and Sanctions
OFAC’s official information on the scope of US economic sanctions, applicable persons, certain related extraterritorial prohibitions, and sanctions lists; it does not support inferences about any specific internal screening process at Truist.
IRS — FATCA Related Forms
The IRS official FATCA forms page lists W-8BEN and W-9 among the forms relevant to accountholders. This supports general information on US tax forms and does not establish Truist’s specific form requirements for applicants.