CIAB’s FATCA Portal Now Open and Available to Brokers & Insurers Worldwide
Targeted News Service |
A new online portal to help simplify the form exchange between U.S. insurance brokers and foreign insurers is now open and available for worldwide use.
"We've worked hard over the past few months to develop this portal in a way that would make this massive change in business process as easy and seamless as possible," said
FATCA, which passed
The W8BENE Portal (http://www.w8bene.com/) is complete with a searchable catalog of participating global insurers' W-8s, as well as contact information for (re)insurers' W-8 administrators. It also offers immediate and safe document access and secure W-8 uploading, while allowing foreign insurance carriers to make rolling changes to their forms as needed.
The portal also offers various educational resources such as a set of Frequently Asked Questions developed by The Council's general counsel at
There will be nominal cost associated with the portal, but The Council is allowing users a free trial period until
[Category: Insurance]
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