You can become a Raisin Bank customer if you meet all of the following eligibility requirements:
- You’re an Irish resident
- You are at least 18 years old
- You have a Personal Public Service Number (i.e. you are liable to pay tax in Ireland)
- You act on your own behalf (i.e. not on behalf of third parties, in particular not as an authorized representative)
- You are not a 'US Person' within the meaning of the US Foreign Account Tax Compliance Act (FATCA)*. US Persons are excluded from Raisin's offering due to the very extensive regulations regarding data transfer to the US.
*The following persons can be defined as a US Person: (1) US citizen (also dual nationality), (2) US resident (US resident alien, e.g. green card or substantial presence, for details, see https:/ /www.irs.gov/individuals/international-taxpayers/determining-alien-tax-status), (3) US-born / on US territory, (4) taxable in the US for any other reason (e.g. dual residence, joint tax return with a US person, etc.)