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I am a non-resident alien. I have an existing US stock brokerage account. When I opened that account, I had to fill in and submit a W-8BEN form. Now, I am going to open a second US stock brokerage account at a different brokerage firm. I will have to fill in a W-8BEN form again.

  1. Do I have to inform my first broker that I am going to fill and submit a second W-8BEN form?
  2. Do I have to inform my second broker that I had filled in and submitted a W-8BEN form in the past?
  3. Suppose I will be opening 10 brokerage accounts at 10 different brokerage firms. Can I send all of them the same copy of a filled W-8BEN form?
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  1. No
  2. No
  3. Yes the copies are supposed to be identical (same address, same residence, same treaty). You are supposed to inform ALL broker if your personal particulars have changed.

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