Are there stricter requirements for non-resident or higher-risk employee profiles?
Yes, non-resident, cross-border, or higher-risk profiles often face enhanced due diligence, including higher minimum balances, more detailed source-of-wealth documentation, and longer internal compliance checks. Additional tax forms, such as FATCA forms for U.S. persons, and closer scrutiny of expected transactions are common, making early preparation important for payroll readiness.
