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Open an Account | Charles Schwab Bank

Open an Account

Personal
Login Credentials
Employment & ID
Agreements

Tell us a little about yourself.

First name *

Middle name (Optional)

Last name *

Suffix (Optional)

Is your current home address in the United States, Puerto Rico, or the U.S. Virgin Islands? *

Yes No

Date of birth *

Social Security number *

Mother's Maiden Name *

Email *

Mobile phone number *

Street Address *

Address Line 2

City *

State / Province / Region *

ZIP / Postal Code *

Country *

To learn how your personal information may be used and how you may limit certain use, read Schwab's Privacy Notice.

Create your login credentials

Password *

Confirm Password *

Security Question: What is your... *

Answer *

What is your employment status?

Employment status *

Employer name (if applicable)

Annual income range

Source of funds

ID Number and Type

Passport Driver's License Gov't-Issued ID

Identification Number *

Country or State of Issuance *

Issue Date (mm/dd/yyyy)

Expiration Date (mm/dd/yyyy)

Agree to our terms and conditions

The use of electronic records and signatures to open my account

Client Relationship Summaries and Best Interest Disclosure

Some or all of my account documents will be delivered electronically

Schwab Electronic Services Agreement

Registered or qualified with the SEC, CFTC, etc. – based on definition, select your status:

Nonprofessional Subscriber Professional Subscriber

Charles Schwab & Co., Inc. Brokerage Account Agreement, Disclosure and Terms

I consent to participate in Schwab's Cash Features Program – Schwab One® Interest feature

Agree to terms of the contract, which includes a mandatory pre-dispute arbitration clause (Account Agreement)

Agreements with Charles Schwab Bank, SSB

Use of electronic records and signatures (Bank)

Paperless delivery (Bank)

Electronic Services Agreement + Schwab Bank Addendum

IRS Taxpayer ID & withholding certification (penalty of perjury)

Agree to Deposit Account Agreement (includes arbitration)

Important information about procedures for opening a new account
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

The Charles Schwab Corporation provides a full range of brokerage, banking and financial advisory services through its operating subsidiaries. Its broker‑dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC), offers investment services and products. Its banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides deposit and lending services and products.

Open an Account

1Personal

2Features

3Review

Who's opening this checking and brokerage account?

Tell us a little about yourself.

Personal information

First name

Middle name (Optional)

Last name

Suffix (Optional)

Is your current home address in the United States, Puerto Rico, or the U.S. Virgin Islands?

Yes

Date of birth (mm/dd/yyyy)

Month

Day

Year

Social Security number

All brokerage firms require this information for new account applicants to comply with IRS regulations and the USA PATRIOT Act.

U.S. Person Certification:

I certify under penalty of perjury that my SSN/TIN is correct and that I am a U.S. person (including U.S. resident alien).

Mother's Maiden Name

Contact information

By providing your email address, you consent to receive Schwab account-related and marketing communications. You may receive emails before your Schwab account is opened. You can opt out of receiving certain emails after your account is approved.

Mobile phone number

Address

Street Address Address Line 2 City State / Province / Region ZIP / Postal Code Country

To learn how your personal information may be used and how you may limit certain use, read Schwab's Privacy Notice.

Create your login credentials

To securely access your account, please create your Schwab login ID and password.

At least 6 characters. At least 1 letter. No special characters.

Password

Enter Password Confirm Password

At least 8 characters At least 1 number At least 1 letter No leading and trailing spaces

Security Question: What is your...

Answer

What is your employment status?

Let us know what it is today. We need to collect this information to comply with regulations. You don't have to be employed to open an account.

Employment status

Employer name (if applicable)

Annual income range

Source of funds

ID Number and Type (Please select only one box and provide the relevant information below.)

Passport

Driver's License

Gov't-Issued ID

Identification Number

Country or State of Issuance

Issue Date (mm/dd/yyyy)

Expiration Date (mm/dd/yyyy)

Agree to our terms and conditions

We can start to review your application after you agree to our terms and conditions.

Agreement for the Use of Electronic Records and Signatures

By checking the checkbox, you:
• Acknowledge that you will be providing electronic signatures as part of this account opening process, and that copies of your records relating to Charles Schwab & Co. (such as agreements and disclosures) will be available at https://www.schwab.com/legal/electronic-services-agreement.
• Verify that you are able to view the pertinent agreements and disclosures related to your account.

The use of electronic records and signatures to open my account

Agreements with Charles Schwab & Co., Inc.

By checking the checkbox, you:
• Confirm that you have received and have had a chance to review the Broker-Dealer Client Relationship Summary (BD CRS), the Investment Advisory Client Relationship Summary (IA CRS), and our Best Interest Disclosure. These documents will always be available at https://schwab.com/transparency.
• Confirm that you understand you are opening a brokerage account, the information in the BD CRS will apply to this account, and any investment recommendations we make for this account will be in our broker-dealer capacity. The Best Interest Disclosure applies when we make investment recommendations.

Client Relationship Summaries and Best Interest Disclosure

Enrollment in Paperless Delivery of Documents

By checking the checkbox, you:
• Acknowledge that you have reviewed the Important Information About Your Informed Consent to Receive Paperless Documents and the International Addendum and understand its terms and conditions.
• Ask us to electronically deliver the documents you have indicated, as described in the Informed Consent. You will not receive these documents by mail.
• Confirm that you are able to open, view, and save or print PDF documents and that you have provided or validated your email address. This demonstrates that you can receive the paperless documents through email, our website, and PDF.

Some or all of my account documents will be delivered electronically

Electronic Services Agreement

By checking the checkbox, you:
• Understand and intend that the Electronic Service Agreement (ESA) is a legally binding agreement and the equivalent of a signed, written contract;
• Agree that you will use all Schwab Services, and our websites generally, in a manner consistent with applicable laws and regulations and in accordance with the terms and conditions of the ESA and any other applicable rules, guidelines or other conditions that govern the use of a particular Schwab Service as they may be amended by Schwab from time to time; and
• Understand, accept, and have received the ESA and its terms and conditions, and acknowledge and demonstrate that you can access the Electronic Service Agreement and other Records and Disclosures on our website.

Schwab Electronic Services Agreement

Online Addendum to Electronic Services Agreement

Please read the following definition and select one of the options in the following highlighted panel. The Online Addendum to Electronic Services Agreement is available using the "Agreements" link at the bottom of Schwab.com.

Registered or qualified with the Securities and Exchange Commission (the "SEC"), the Commodities Futures Trading Commission, any state securities agency, any securities exchange or association, or any commodities or futures contract market or association. Engaged as an "investment advisor" as that term is defined in Section 202(a)(11) of the Investment Advisor's Act of 1940 (whether or not registered or qualified under that Act). Employed by a bank or other organization exempt from registration under Federal and/or state securities laws to perform functions that would require him or her to be so registered or qualified if he or she were to perform such functions for an organization not so exempt, nor Using the market data for a business, professional or commercial purpose.

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Based on the preceding definition, I certify that I am a "Nonprofessional Subscriber."

Based on the preceding definition, I certify that I am a "Professional Subscriber."

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By checking this checkbox, I acknowledge that I have read the preceding terms and conditions and that I understand, assent to, and agree to comply with, those terms and conditions.

Charles Schwab & Co., Inc. Brokerage Account Agreement, Disclosure and Terms

The Cash Features Program is a service that we provide that permits the uninvested cash or "free credit balance" in your Account to earn income while those funds remain uninvested. You understand that additional information about the Cash Features Program and each Cash Feature is available in the Cash Features Program Disclosure Statement. The designated Cash Feature for this Account is the Schwab One Interest feature.

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By checking the checkbox, you: • Consent to participate in Schwab's Cash Features Program, as described in the Cash Features Program Disclosure Statement. • Consent to having the Schwab One Interest feature as your designated cash feature. In the Schwab One Interest feature, your uninvested cash will remain in your account as a direct obligation of Charles Schwab & Co., Inc. • Understand and agree that Schwab may (1) make changes to the terms and conditions of the Cash Features Program; (2) make changes to the terms and conditions of any Cash Feature; (3) change, add or discontinue any Cash Feature; (4) change your investment from one Cash Feature to another if you become ineligible for your current Cash Feature or your current Cash Feature is discontinued; and (5) make any other changes to the Cash Features Program or Cash Feature as allowed by law.

By checking this checkbox, I consent to participate in Schwab's Cash Features Program and to having the Schwab One® Interest feature as my designated cash feature.

Agree to terms of the contract, which includes a mandatory pre-dispute arbitration clause

Please read carefully the Schwab One Account Agreement, the Application Agreement, and the Account Agreement Amendment. Together these documents are referred to as the "Account Agreement" and will govern Schwab's brokerage account relationship with you.

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By checking the checkbox, you: • Affirm that you have received and read the Account Agreement and understand that it is a legally binding agreement and the equivalent of a written contract. • Indicate that you understand there are fees associated with establishing, maintaining, engaging in transactions and transferring assets out of this Account. • Unless you have declined the margin feature, you acknowledge that securities securing loans from Schwab may be lent to Schwab and lent by Schwab to others. • Acknowledge that the securities products purchased or sold in a transaction with Schwab (i) are not insured by the Federal Deposit Insurance Corporation (FDIC), (ii) are not deposits or other obligations of Schwab and are not guaranteed by Schwab Bank, and (iii) are subject to investment risks, including possible loss of the principal invested. • Acknowledge receipt of the Schwab Privacy Notice. • Understand that by checking the checkbox and submitting this application, you will be bound to the Account Agreement the same as if you had signed a paper copy with an ink pen. • Acknowledge that your Account Agreement with Schwab contains a pre-dispute arbitration clause contained in Section 26 of the Schwab One Account Agreement.

By checking this checkbox, I acknowledge and agree to the preceding statements regarding the terms of the contract and submit my binding electronic signature to the Account Agreement, which includes a mandatory pre-dispute arbitration clause.

Agreements with Charles Schwab Bank, SSB

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The use of electronic records and signatures to open my account

By checking the checkbox, you: • Acknowledge that you will be providing electronic signatures as part of this account opening process to apply for and open a Schwab Bank Investor Checking ("Investor Checking account") offered by Charles Schwab Bank, SSB ("Schwab Bank"), and that copies of your records relating to Schwab Bank (such as agreements and disclosures) will be available at https://www.schwab.com/legal/electronic-services-agreement. • Verify that you are able to open, view, and save or print the pertinent agreements and disclosures related to your Investor Checking account.

Enrollment in Paperless Delivery of Documents

Some or all of my account documents will be delivered electronically

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By checking the checkbox, you: • Acknowledge that you have reviewed the Important Information About Your Informed Consent to Receive Paperless Documents and understand its terms and conditions. • Acknowledge that all references to "Charles Schwab Bank" "Schwab Bank" or "Bank" in the Informed Consent, the application, and any related documentation shall be deemed to refer to "Charles Schwab Bank, SSB". • Ask us to electronically deliver the documents you have indicated, as described in the Informed Consent. You will not receive these documents by mail. • Confirm that you are able to open, view, and save or print PDF documents and that you have provided or validated your email address.

Electronic Services Agreement

Schwab Electronic Services Agreement and Schwab Bank Online Addendum

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By checking the checkbox, you: • Understand and intend that the Electronic Service Agreement and Schwab Bank Online Addendum (together, the "ESA" or "Electronic Services Agreement") is a legally binding agreement and the equivalent of a signed, written contract; • Agree that you will use all Schwab and Schwab Bank Services, and our websites generally, in a manner consistent with applicable laws and regulations and in accordance with the terms and conditions of the ESA and any other applicable rules, guidelines or other conditions that govern the use of a particular Schwab or Schwab Bank Service as they may be amended by Schwab or Schwab Bank from time to time; and • Understand, accept, and have received the ESA and its terms and conditions, and acknowledge and demonstrate that you can access the Electronic Service Agreement and other records and disclosures on our website.

Charles Schwab Bank Account Agreement, Disclosures and Terms

Internal Revenue Service (IRS) - taxpayer identification number and tax withholding status

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By checking the checkbox, you declare the following under penalty of perjury: 1. The number shown on this application is my correct Taxpayer Identification Number; 2. I am not subject to backup withholding because (a) I am exempt from backup withholding, or (b) I have not been notified by the IRS that I am subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified me that I am no longer subject to backup withholding; 3. I am a U.S. citizen or U.S. resident alien as defined in federal tax regulations; and 4. I am exempt from Foreign Account Tax Compliance Act reporting.

Agree to terms of the contract, which includes a mandatory pre-dispute arbitration clause

The Schwab Bank Investor Checking account offers a variable interest rate and may change without notice. Please read carefully the Schwab Bank Privacy Notice, the Schwab Bank Application Online Account Terms, the Schwab Bank Deposit Account Agreement and the Schwab Bank Deposit Account Pricing Guide. Together these documents are referred to as the "Account Agreement" and will govern Schwab Bank's Investor Checking account relationship with you.

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By checking the checkbox, you: • Affirm that you have received and read the Schwab Bank Application Online Account Terms ("Deposit Application Agreement") and the Schwab Bank Deposit Account Agreement ("Deposit Account Agreement") and understand that each of the Deposit Application Agreement and the Deposit Account Agreement is a legally binding agreement and the equivalent of a written contract, and that your use of your Schwab Bank Investor Checking account will be governed by the terms of the Deposit Account Agreement and Deposit Application Agreement. • Acknowledge that all references to "Charles Schwab Bank" "Schwab Bank" or "Bank" in the Account Agreement and all related documentation shall be deemed to refer to "Charles Schwab Bank, SSB". • Acknowledge receipt of the Schwab Bank Deposit Account Pricing Guide, and indicate that you understand there are fees associated with establishing, maintaining and engaging in transactions with the Investor Checking account, as described in the Schwab Bank Deposit Account Pricing Guide. • Acknowledge receipt of the Schwab Bank Privacy Notice. • Understand that by checking the checkbox and submitting this application, you will be bound by the terms of the Deposit Application Agreement and the Deposit Account Agreement in the same manner as if you had signed a paper copy of the Investor Checking account application with an ink pen. • Understand that Schwab Bank will initiate an inquiry with a Consumer Reporting Agency (e.g. "credit check") in order to evaluate your Investor Checking account application. • Understand that the Schwab Bank Investor Checking account is offered only as an account linked to a Schwab One brokerage account. If the Investor Checking account is not approved by Schwab Bank, Schwab may close the linked Schwab One brokerage account regardless of when that brokerage account was opened. Schwab is not an FDIC-insured bank and deposit coverage insurance covers the failure of an insured bank. Non-deposit products are not insured by the FDIC; are not deposits; and may lose value. • Understand that Schwab Bank does not use marital status when evaluating your credit. • Acknowledge that your Deposit Account Agreement with Schwab Bank contains a pre-dispute arbitration clause. • Acknowledge that Schwab Bank checks will be sent after you fund your Investor Checking account with at least $100; and Schwab Bank Bill Pay will be activated and a Visa Platinum Debit Card will be sent upon funding of the Investor Checking account.

By checking this checkbox, I acknowledge and agree to the preceding statements regarding the terms of the contract and submit my binding electronic signature to the Deposit Application Agreement and the Deposit Account Agreement, which Deposit Account Agreement includes a mandatory pre-dispute arbitration clause.

If approved, your Schwab Bank Investor Checking account will be opened with Charles Schwab Bank, SSB. Member FDIC. Your linked brokerage account will be opened with Charles Schwab & Co. Inc. (Member SIPC). Charles Schwab & Co. Inc. is not an FDIC-insured bank and deposit insurance covers the failure of an insured bank. Non-deposit products are not insured by the FDIC; are not deposits; and may lose value.

Important Note: If approved, your Schwab Bank Investor Checking account will be opened with Charles Schwab Bank, SSB. Member FDIC. Your linked brokerage account will be opened with Charles Schwab & Co. Inc. (Member SIPC). Charles Schwab & Co. Inc. is not an FDIC-insured bank and deposit insurance covers the failure of an insured bank.

Non-deposit products are not insured by the FDIC; are not deposits; and may lose value.

Your security is our priority.

Schwab Footer – Exact Original (Centered)

(1121-1C57)

Investment and Insurance Products: • Not a Deposit • Not FDIC Insured • Not Insured By Any Federal Government Agency • No Bank Guarantee • May Lose Value

Investment and Insurance Products Are: • Not FDIC Insured • Not Insured by Any Federal Government Agency • Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or any of its Affiliates • Subject to Investment Risks, Including Possible Loss of Principal Amount Invested

Important information about procedures for opening a new account

To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What that means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

The Charles Schwab Corporation provides a full range of brokerage, banking and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC), offers investment services and products, including Schwab brokerage accounts. Its banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides deposit and lending services and products. Access to Electronic Services may be limited or unavailable during periods of peak demand, market volatility, systems upgrade, maintenance, or for other reasons.

If you are not completely satisfied for any reason, at your request Charles Schwab & Co., Inc. ("Schwab") or Charles Schwab Bank, SSB ("Schwab Bank") will refund any eligible fee related to your concern within the required timeframes. Schwab reserves the right to change or terminate the guarantee at any time. Go to schwab.com/satisfaction to learn what's included and how it works.

This site is designed for U.S. residents. Non-U.S. residents are subject to country-specific restrictions. Learn more about our services for non-U.S. residents.

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