IB W-8


Junior member
I.b. W-8

I am in the process of opening an I.B. account and the w-8 section isn't making a whole lot of sense.do I fill out the 'ben' or the 'eci'. If I fill out the 'ben' what has to be entered in section 2 and 3. The help section in pdf doesn't work and when I e-mailed the new accounts they were equally useless. Is it down hill from here or are there more pit falls?


The BEN means beneficiary, ie you are the beneficiary of the profits/loss in the account. The other forms are for trusts, and unusual setups.

There's alos been a thread on these boards about which form to fill in.
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