AML/CFT Questionnaire

This questionnaire is exclusive to CHAM BANK and forms part of the enhanced due diligence applied to correspondent banks and financial institutions, in connection with the procedures adopted by the compliance control department. We would appreciate your completing the attached questionnaire and providing us with the required documents.

About us: CHAM BANK was established as a private joint-stock company on 7 September 2006 with a capital of 5 billion Syrian pounds and commercial registration number 14809. The capital was increased in several stages by a total of 35 billion Syrian pounds, bringing it to 40 billion Syrian pounds. CHAM BANK is the first Islamic bank in Syria to adopt the principles of Islamic Sharia; its operations and activities are supervised by the Central Bank of Syria and by the Sharia Supervisory Board.

1. General information — full name of the financial institution, country and address of incorporation, registered address, telephone and website, SWIFT code, commercial registration and banking licence with dates and validity, principal banking activities, external auditors, regulator, number of branches (domestic and foreign) and employees, and the AML/CFT contact point.
2. Ownership and management — whether the institution is private, whether it is listed on any exchange, all parties owning 5% or more of issued capital, and the board and senior management.
3. General AML policies, practices and procedures — board or senior-committee approval of the compliance programme, a designated officer, written policies to prevent, detect and report suspicious transactions, an internal audit or independent third-party assessment, a policy prohibiting relationships with shell banks, policies covering politically exposed persons, record-retention procedures, and application of the policies across all branches and subsidiaries at home and abroad.
4. Risk assessment — a risk-based assessment of the customer base and its transactions, and the level of enhanced due diligence applied to higher-risk categories.
5. Country legislation.
6. Know your customer, customer due diligence and enhanced due diligence.
7. Reportable transactions, and prevention and detection of illegally obtained funds.
8. AML training.
9. Sanctions — including whether the answers are representative of all the legal entity's branches, and any differences.
10. FATCA status — and the Global Intermediary Identification Number (GIIN) where applicable.
11. Payable-through accounts — third-party direct access to the correspondent account, verification of those parties' identity, and ongoing due diligence on them.

The form is stamped and signed by an authorised signatory, with name, title and date, and returned with the required documents to CHAM BANK's compliance department.