Sign-Up Process
Whilst complying with the legal and legislative requirements as set out by the Financial Services Conduct Authority (FSCA), Financial Advisory & Intermediary Services (FAIS), Foreign Account Tax Compliance Act (FATCA) / Common Reporting Standard (CRS) and Protection of Personal Information Act (POPIA) as well as banking regulations, Legacy has simplified and streamlined the signing up process as far as possible.
  • As the Primary Accountable Financial Institution, we require specific FICA documentation as well as completion of certain other documentation in line with the above legislative requirements.
  • Legacy will then open the account and set up beneficiaries as per your written instructions.
  • Funds can then be transferred directly by EFT into the new account.
  • Transfers out of the account will be made on the same day provided the instruction is received by Legacy before 11 am. Instructions received after 11 am will be processed on the following working day.
Contact Us

t +27 (21) 405 8500
e info@legacynominees.co.za

Suite 1502, 15th Floor, Portside, 4 Bree Street,
Cape Town, 8001