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Location: Central Bank of Bahrain Volume 5—Specialised Licensees > Common Modules (Applicable to all Specialised Licensees) > Part A > Business Standards > FC Financial Crime > FC-1 Customer Due Diligence > FC-1.2 Face-to-face Business > Natural Persons > FC-1.2.5
  • Natural Persons

    • FC-1.2.1

      If the customer is a natural person, licenseesG must obtain and record the following information (in hard copy or electronic form), before providing financial services as described in Paragraph FC-1.1.2:

      (a) Full legal name and any other names used;
      (b) Full permanent address (i.e. the residential address of the customer; a post office box is insufficient);
      (c) Date and place of birth;
      (d) Nationality;
      (e) Passport number (if the customer is a passport holder);
      (f) CPR or residence permit number (for residents of Bahrain or GCC states);
      (g) Telephone/fax number and email address (where applicable);
      (h) Occupation or public position held (where applicable);
      (i) Employer's name and address (if self-employed, the nature of the self-employment);
      (j) Type of account, and nature and volume of anticipated business dealings with the licenseeG ;
      (k) Signature of the customer(s)G ; and
      (l) Source of funds.
      October 2010

    • FC-1.2.2

      See the Guidance Notes (filed under Supplementary Information in Part B of Volume 5) for further information on source of funds (FC-1.2.1 (1)) and CDD requirements for Bahrain residents (FC-1.2.1 (c) & (f)).

      October 2010

    • FC-1.2.3

      LicenseesG must verify the information in Paragraph FC-1.2.1 (a) to (f), by the following methods below; at least one of the copies of the identification documents mentioned in (a) and (b) below must include a clear photograph of the customer:

      (a) Confirmation of the date of birth and legal name, by taking a copy of a current valid official original identification document (e.g. birth certificate, passport, CPR or residence permit number);
      (b) Confirmation of the permanent residential address by taking a copy of a recent utility bill, bank statement or similar statement from another licenseeG or financial institution, or some form of official correspondence or official documentation card, such as CPR, from a public/governmental authority, or a tenancy agreement or record of home visit by an official of the licenseeG (see also Guidance Notes under Part B Supplementary Information Appendix FC-(v); and
      (c) Where appropriate, direct contact with the customer by phone, letter or email to confirm relevant information, such as residential address information.
      Amended: January 2013
      Amended: April 2012
      October 2010

    • FC-1.2.4

      Any document copied for the purpose of identification verification must be an original. An authorised official of the licenseeG must certify the copy, by writing on it the words 'original sighted', together with the date and his signature. Equivalent measures must be taken for electronic copies.

      October 2010

    • FC-1.2.5

      Identity documents which are not obtained by an authorised official of the licenseeG in original form (e.g. due to a customer sending a copy by post following an initial meeting) must instead be certified (as per FC-1.2.4) by one of the following from a GCC or FATF member state:

      (a) A lawyer;
      (b) A notary;
      (c) A chartered/certified accountant;
      (d) An official of a government ministry;
      (e) An official of an embassy or consulate; or
      (f) An official of another licensed financial institution or of a licensed associate company of the licenseeG .
      October 2010

    • FC-1.2.6

      The individual making the certification under FC-1.2.5 must give clear contact details (e.g. by attaching a business card or company stamp). The licenseeG must verify the identity of the person providing the certification through checking membership of a professional organisation (for lawyers or accountants), or through checking against databases/websites, or by direct phone or email contact.

      October 2010

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