SECURITY ACCOUNT
through Belize Bank International Limited
AT GLENDALE SECURITIES, INC.
SERVICES and GENERAL INFORMATION
- Online Trading with state of the Art Technology through a web interface named Execute Direct and a software program named GTPro
- Trading can be done online or by the phone
- Trade in Equities, Options and Mutual Funds
- Trade through Pension Financial Services Inc. and North American Clearing, Inc.
- Glendale account is protected by the Security Investor Protection Corporation (SIPC) up to $500,000 (Coverage available up to $35 million)
- Check writing privileges provided free of cost
- Privacy and confidentiality (accounts are set up as a sub account under Belize Bank International Limited)
- Discounted rates available for high volume trades
DOCUMENTS and OTHER REQUIREMENTS
- Information on your Income, Net worth and Liquid Net Worth
- International Business Company (IBC)
- US Dollar Account at Belize Bank International Ltd.
- Initial deposit of US $2,000 for the brokerage account
Requested documents to Set-up the US Dollar Bank Account
- Certificate of Incorporation for IBC (Certified)
- Memorandum & Articles of Association for IBC
- Resolution of Director for IBC
- Share Certificate for IBC
- Passport Copy (Notarized)
- Utility Bill
- Original Bank Reference
- Original Professional Reference (from an Attorney, Accountant, etc.)
- Minimum deposit of US $1,000
- Our processing fee to Set up the US Bank Account is US $450.
- Credit Cards and Debit Cards available
Note: Request requirements to set up an IBC.
FORMS REQUIRED
- New Account Approval Form
- Customer Account Agreement
- Corporate Account (Authorizing Trading in Securities Futures and Commodities)
- W-8BEN Certificate of Foreign Status (IRS Form) – to be updated every 2 years
- Referral Fee Agreement
COST & FEES
Cost of Processing and Opening Account
| US $500. |
| Administrative Expenses | US $100. |
| | |
| Total | US $ 600.00 |
| Optional: Annual Fees to buy and sell stocks (plus expenses) | US $ 500.00 |
| Our Fee per transaction to buy and sell stocks (plus expenses | US $ 150.00 |
| Annual Fee for Quarterly T-Accounts, Deposits & Transfer | US $ 250.00 |
INTERNATIONAL SERVICES LTD.
PO Box 2284, #16 Albert Hoy Avenue, Belama Phase 1,
BELIZE CITY, BELIZE, CENTRAL AMERICA
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