Satrix is a Financial Services Provider and as such are obligated to comply with the Financial Intelligence Centre Act, 38 of 2001 (FICA).


We are therefore required to verify the identity of our clients in line with guidelines outlined in that act., and we do this by asking for certain documentation from them.


The type of documents we require from clients depend on whether they are opening the account as an:


  • Individual
  • Minor (person under the age of 18), or
  • Corporate Body (Eg. Company, close corporation, partnership, trust etc.)



PLEASE consult the relevant hyperlink below for details of what FICA documents we require for each type of account:


Type of Account
FICA requirements
Individual
Link for FICA documents Individuals
Minor
Link for FICA documents Minors 
Foreign National Link for FICA documents Foreign Nationals
Close Corporation (CC)
Link for FICA documents Close Corporations
Partnership
Link for FICA documents Partnerships
Company (Listed and unlisted)
Link for FICA documents Companies
Trust
Link for FICA documents Trusts
 Other Legal Persons - stokvels, investment clubs, etc. Link for FICA documents Other Legal Persons