What is an acceptable Proof of Identity document?

Proof of identity documents we accept include:

• Passport
• Driver’s License or State ID

If you are providing a State ID card or Driver’s License, we may need to see both the front and back of the card. (Please provide photocopy of both sides of document if there is any date on the back).

Please note that the Proof of identity document must meet the below criteria to be accepted:

1. The copy must be a high-quality color photo or scan of the document
2. The document shall not be cropped (a full copy is required)
3. If you are providing an ID card or driving license, we will need to see both the front and back of the card.
4. The document must be valid at the time of provision
5. The document must be issued by the government

The document must show the below information:

• Document number
• Your photo
• Your full name
• Your date of birth
• Your signature
• An issue date and issuing authority
• An expiration date
• The full machine-readable zone (the two lines of letters and numbers at the bottom of the document) if present

The full name and date of birth must match the details on your AMP Global account.

AMP Global Clearing LLC may ask for additional documents, or accept documents not included in the list above based on its review of each account and in consideration of the totality of circumstances of that particular account.

 

What is an acceptable Proof of Address document?

Proof of address documents we accept include:

• Utility bills
• National Health Services card if issued by a sovereign government
• Rental Agreement
• Property tax document
• Property ownership document
• Government issued document

Please note that the Proof of Identity document must meet the below criteria to be accepted

Utility bills must be for a service that is delivered to your residence, such as electricity, water, cable TV and/or Internet, Garbage disposal. Cell phone bills are not acceptable.

Utility bills must show your name, and the address.  If the utility bill shows two different addresses, due to a different mailing address – we will only consider the address to which the utility was supplied, not the address where the bill was mailed to.

Bank statement from a bank duly regulated and registered, showing your name and address, Credit card bills are not acceptable.

Utility bills and bank statements must be issued less than 90 days before date of submission.

Lease agreements, property tax documents, Bill of Sale must show name and address.

The address on the above documents must exactly match the address the address on your AMP account application.

AMP Global Clearing LLC may ask for additional documents, or accept documents not included in the list above based on its review of the account and in consideration of the totality of circumstances of your particular account.

If your document is not accepted, it could be for a number of reasons. These can include:

• Low quality of the photograph/scan
• The image might be obscured by the light reflection
• The copy might be cropped
• The document has already expired
• The details of the document do not match your AMP Global Clearing account application
• The document has not been issued by a government authority (we do not accept non-government issued documents such as student/ employee cards or delivery slips from couriers and online marketplaces)
• The document is a cell phone bill or a credit card bill

BUSINESS ENTITIES

You may open an account at AMP Global Clearing, LLC for the following types of business entities:

LLCs, LPs, LLPs, LLLPs, GPs, Corporations (including SAs, and Ltd.s), and Trusts

*Free Zone Enterprises – are treated the same as Corporations

**General notice – if you open an account in the name of a business entity, you can only send money into AMP Global Clearing, LLC and take money out, to a bank account in the name of that business entity.

What are acceptable documents for an LLC?

Articles of Formation/Association filed with the Secretary of State or an equivalent government agency if non US

Operating Agreement (if your LLC does not have an Operating Agreement, please contact the New Accounts Manager for further details) 

Proof of Identification and Proof of Address (as described above) for all owners over 18 years of age, and managers

The Articles must be derived from a government portal, or show a government stamp/seal

The Operating agreement must be signed and dates, and must identify the natural person owners

The Tax ID of the LLC, if registered in the US.

Legal Entity Identifier is required if the LLC wishes to trade on EUREX

A self-certification questionnaire will be sent by the New Accounts representative during the account opening process. All LLCs must respond to this questionnaire.

 

What are acceptable documents for Limited Partnerships, Limited Liability Partnerships, and Limited Liability Limited Partnerships?

Articles of Formation/Association filed with the Secretary of State or an equivalent government agency if non US

Partnership Agreement 

Proof of Identification and Proof of Address (as described above) for all owners over 18 years of age, and General Partners

The Articles must be derived from a government portal, or show a government stamp/seal

The Partnership Agreement must be signed and dates, and must identify the natural person owners

The Tax ID of the entity, if registered in the US.

Legal Entity Identifier is required if the entity wishes to trade on EUREX

A self-certification questionnaire will be sent by the New Accounts representative during the account opening process. All entities must respond to this questionnaire.

*If your entity is a US General Partnership – please contact the New Accounts Manager

 

What are acceptable documents for a Corporation?

Articles of Formation/Association filed with the Secretary of State or an equivalent government agency if non US

Shareholders Register

By-laws (if any) 

Proof of Identification and Proof of Address (as described above) for all owners over 18 years of age, and managers

The Articles must be derived from a government portal, or show a government stamp/seal

The by-laws must show the types of shares that corporation can issue, and the rules regarding transfer of shares.

The Tax ID of the company, if registered in the US.

Legal Entity Identifier is required if the company wishes to trade on EUREX

A self-certification questionnaire will be sent by the New Accounts representative during the account opening process. All companies must respond to this questionnaire.

 

What are acceptable documents for a Trust?

Trust document, or a Certificate of Trust issued by an attorney 

The Trust Document must demonstrate that the trustee(s) signing the account application have the ability to bind the Trust in a legal contract without further approvals/signatures. For example, if Trust requires 2 trustee signatures to enter into a contract, then two trustees must sign the AMP application.

The Trust Document must show that the trustees have the authority to trade futures and options on behalf of the Trust. This authorization must be expressly mentioned. That is, the Trust must expressly mention “Futures”, “Futures Trading”, “Commodity Futures”, “Options Trading, etc.

Proof of Identification and Proof of Address (as described above) for all trustees over 18 years of age, and beneficiaries if requested by Compliance

The Tax ID of the Trust, if registered in the US.

Legal Entity Identifier is required if the Trust wishes to trade on EUREX

A self-certification questionnaire will be sent by the New Accounts representative during the account opening process. All trusts must respond to this questionnaire.

What to do if the Trust Document does not expressly mention Futures Trading?

If the Trust is revocable or amendable – please have the settlor (grantor) amend the trust and include language under Trustee’s Investment Powers, to expressly include Futures Trading and Options Trading

If the Trust is irrevocable, and does not contain the above discussed language: please contact the New Accounts Manager