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FATCA

The “Foreign Account Tax Compliance Act” (FATCA) is a new law of the United States of America (U.S.A.) which aims to prevent tax evasion by American taxpayers who have accounts abroad. 

According to FATCA, financial institutions that have signed this Act, shall annually submit data for the accounts of customers covered by FATCA regime, in order to prevent tax evasion of the American clients by opening accounts in financial institutions outside the United States of America. Each bank in the world has an obligation to comply with the Law on harmonization of taxes on foreign accounts (FATCA) starting from 01.07.2014. 

ALPHA BANK A.E. and its subsidiaries, in the framework of complying with the aforementioned Act, will apply the required procedures for both existing and new Clients. Alpha Bank Albania Sha, coordinated by Alpha Bank AE, performed successful registration with the Internal Revenue Service (IRS) of the U.S.A and its assigned Global Intermediary Identification Number (GIIN): 8SX8LI.00008.ME.008 with the status - DEEMED COMPLIANT FFI. 

Please be informed that starting from 01.07.2014, Alpha Bank Albania, in accordance with the status chosen, shall implement standardized and uniform procedure of identification of all its customers respecting and applying the legislative regulations in the Republic of Albania as well as the Law on harmonization of taxes on foreign accounts - Foreign Account Tax Compliance Act - FATCA. 

You may find more information on:  

http://www.irs.gov/Businesses/Corporations/Foreign-Account-Tax-Compliance-Act-FATCA

Please read HERE the W8-BEN-E Alpha Bank Albania document

Also the following documents to be posted: 
Form for Legal Entities 
Form for Individuals