Instructions:
- Select KYC application form by account type (Individual, Corporate)
- Print, fill and sign the KYC application form
- Visit our Head Office with the original required documents in hand to complete the account opening process
- A minimum of 300 KD (or the equivalent in USD, AED, SAR, OMR, BHD or QAR) must be deposited to activate your Coast eTrade account and start trading
Required Documents – Individual Account:
Kuwaiti and GCC Citizens
- Civil ID - Kuwaiti Citizens
- National Identity ID - GCC Citizens
- Completed Application Form (KYC)
Kuwait Residents and Non-Kuwaiti Residents
- Civil ID
- Passport Copy
- Completed Application Form (KYC)
For other types of applicants, please visit the FAQ section for the list of requirements
Important:
To complete the registration process, the following forms must be filled and signed at our Head Office:
- FATCA Form
- CRS Form
- AML Questionnaire (If applicable)
Required Documents – Corporate Account:
Companies Based in/Established in Kuwait
- Commercial License/Registration issued by the ministry
- Articles of Association and/or Memorandum of Association
- Amendments to Articles/Memorandum of Association
- Company Civil ID
- Board of Directors list presented in the form of Whom It May Concern letter
- Board of Directors decision letter addressed to Coast Investment and Development Company K.S.C.P letter authorizing the opening of a Coast Brokerage eTrade online trading account
- Authorized Signatories list presented in the form of Whom It May Concern letter
- Completed Corporate Application Form (KYC)
Important:
- Board of Directors and Authorized Signatories letters must be attested by Kuwait’s official authorities
- Copies of official personal documents for each member of Board of Directors
Board of Directors - Kuwaiti Citizens and Non-Kuwaiti Residents
- Civil ID Copy
- Passport Copy
- Copies of official personal documents for each member of Board of Directors
- Signature verification for each Authorized Signatory attested by Kuwait’s official authorities/bank
Non Kuwaiti Companies
- Company License/Registration
- Articles of Association and/or Memorandum of Association
- Amendments to Articles/Memorandum of Association
- Board of Directors list presented in the form of Whom It May Concern letter
- Board of Directors decision letter addressed to Coast Investment and Development Company K.S.C.P letter authorizing the opening of a Coast Brokerage eTrade online trading account
- Authorized Signatories list presented in the form of Whom It May Concern letter
- Completed Corporate Application Form (KYC)
Important:
- Board of Directors and Authorized Signatories letters must be attested by official authorities in country of origin
- Passport Copy for each member of Board of Directors must be attested by official authorities in country of origin
- Signature verification for each Authorized Signatory must be attested by official authorities in country of origin
- All required documents must have a valid expiry date when applying
Important:
To complete the registration process, the following forms must be filled and signed at our Head Office:
- FATCA Form
- CRS Form
- AML Questionnaire (If applicable)
For more information on requirements, please visit the FAQ section on the website.