Your Foreign Trade Partner

    

Compliance

Aresbank is licensed by the Bank of Spain to operate as full credit Institution in Spain. As such, the bank is subject to all regulations and laws issued by the regulator and also the Banking regulations issued by the European Central Bank.

The Finacial Regulations team in the bank, part of the Department of Global Risk Control (CRO), ensures compliance with all applicable laws, rules, and regulations. The team of Anti-Money Laundering and Terrorism Financing Data Protection, and Client Services Department generally has a wide range of roles and responsibilities within the financial institution. These duties range from monitoring Business activity, preventing conflicts of interest, and ensuring compliance with regulations for preventing Terrorism Financing and Data Protection Department and potential tax evasion. The bank's automated systems use updated watch lists to identify persons and companies in order to prevent money laundering and stop suspicious activities.

 

Aresbank Anti-money Laundering and Terrorist Financing Documents

  • Anti-money Laundering and Terrorist Financing Statement (Download)
  • The WOLFSBERG CORRESPONDENT BANKING DUE DILIGENCE QUESTIONNAIRE CBDDQ_V1.3 (Download)
  • USA PATRIOT Act Certification-Aresbank (Download)

FATCA

Aresbank has completed the registration with FATCA in April 2014. ARESBANK is FATCA Compliant. The Bank's GIIN entry on IRS's FATCA Foreign Financial Institution (FFI) List is EH5XW2.00008.ME.724 (Look up)

 

Regulatory Reports to Bank of Spain

  • CIRBE – Reporting of all exposures granted to every new obligor by residential status and type of facilities granted
  • Review the Pillar I – Capital Adequacy Calculation for Credit, Market and Operational Risk
  • Pillar II reporting
  • Pillar III market Disclosures
  • Annual ICAAP report

Whistleblowing channel

Through the Whistleblowing Channel you can inform Aresbank, S.A. confidentially of acts or omissions that may constitute legislative violations or breaches. You can access to the Whistleblowing channel through the following link

 

Clients Download Forms 

 

You have here at your disposal for download the forms you may need to complete and submit to Aresbank as required. Please click on download to get the specific form. Please, complete and Print. 

Individuals/Non-Financial InstitutionsFinancial Institutions

Know Your Customer (KYC) form for Individuals (Download)

Know Your Customer (KYC) form (Download)

 FATCA-CRS Self-certification for Individuals (Download)

 
Know Your Customer (KYC) form for Non-Financial Institutions (Download) CERTIFICATION FOR ANTI-MONEY LAUNDERING PURPOSES ON THE USE OF VOSTRO ACCOUNTS HELD AT ARESBANK BY THE CORRESPONDENT BANK form (Download)
FATCA-CRS Self-certification for entities accounts (Download)  
Authorization To Receive Client Instructions Via Fax Or Email And Agreement To Release From Indemnities (Download) The WOLFSBERG CORRESPONDENT BANKING DUE DILIGENCE QUESTIONNAIRE (CBDDQ)_V1.2_2019 (Download)
FISCAL RESIDENCE STATEMENT (Download)