Annual Beneficial Ownership Form Submission
To maintain active Trust benefits, please complete the Beneficial Ownership Form and submit it along with a certified copy (not older than 6 months) of the minor’s birth certificate and guardian’s ID by 31 August 2025. Download the form here, or obtain it at any Standard Bank branch or by emailing [email protected]. Submit documents via email to the same address or at your nearest branch.
Beneficial Ownership – FAQs
Find answers to common questions about maintaining your Trust benefits, including how to complete the Beneficial Ownership Form and submit required documents. If you need further assistance, contact us at [email protected] or visit a Standard Bank branch.
1. Who needs to complete the Beneficial Ownership Form?
This annual update applies only to beneficiaries of Trusts administered by Standard Bank Executors and Trustees and their legal guardians.
2. Why do they need to complete the Beneficial Ownership Form?
This is an annual requirement under the Trust Administration Act to ensure beneficiary and guardian information is accurate and up to date.
3. What documents must clients submit?
Clients must provide:
- Completed Beneficial Ownership Form for the guardian and beneficiaries
- Certified copy of the minor’s birth certificate (certification must not be older than 6 months)
- Certified copy of the guardian’s ID (certification must not be older than 6 months)
4. Where can clients get the Beneficial Ownership Form?
The form is available:
- On the Standard Bank website
- At any Standard Bank branch
- By requesting it via email: [email protected]
5. How can clients submit the completed form and documents?
They can:
- Email them to [email protected]
- Submit them at their nearest Standard Bank branch
6. What is the deadline for submission?
All documents must be submitted by 31 August 2025.
7. What happens if clients don’t submit by the deadline?
While we encourage timely submission to avoid any disruption, beneficiaries who do not comply by the deadline may experience delays in accessing Trust benefits. However, we strongly encourage all clients to submit the required information even after the deadline, as this ensures they receive the support and benefits available through the Trust efficiently.
8. Who can clients contact for help?
They can email [email protected]