KYC, CRS, FATCA

FATCA

FATCA means Foreign Account Tax Compliance Act and applies to US taxable private persons and legal entities located outside of the United States. Germany has signed a bilateral agreement to exchange data with the USA to improve tax compliance.

 

W-8BEN-E Volkswagen Bank GmbH application/pdf 4.3 MB
W-8BEN-E Volkswagen Financial Services AG application/pdf 4.4 MB
W-8BEN-E Volkswagen Leasing GmbH application/pdf 4.3 MB

CRS

CRS stands for Common Reporting Standard and is a self-disclosure regarding tax residency of legal entities.

 

Self Certification Volkswagen Bank GmbH application/pdf 1.7 MB
Self Certification Volkswagen Financial Services AG application/pdf 1.5 MB
Self Certification Volkswagen Leasing GmbH application/pdf 1.5 MB

KYC

KYC means know-your-customer and is a mandatory verification of private persons and legal entities. The background is the prevention of money laundering, economic crime and terrorism. To standardize the information, the Wolfsberg Questionnaire was developed by the Wolfsberg Group (members are 13 global banks).

 

AML Representation Letter Volkswagen Bank GmbH application/pdf 37.9 KB
Wolfsberg Questionnaire Volkswagen Bank GmbH application/pdf 6.6 MB
AML Representation Letter Volkswagen Leasing GmbH application/pdf 37.7 KB
Wolfsberg Questionnaire Volkswagen Leasing GmbH application/pdf 1.8 MB

Volkswagen Financial Services AG

Due to extensive corporate restructuring of the Volkswagen Financial Services subgroup as of September 1, 2017, Volkswagen Financial Services AG is no longer an addressee or obligor within the meaning of the German Money Laundering Act and does not have any relevant business for any retail or wholesale customers.