Gut für die Wirtschaft.

Bei ökonomischen und finanziellen Fragen ist die Sparkasse Aachen zuverlässiger Partner von Handwerk und Mittelstand in der Region.

Certification Regarding Correspondent Accounts

Sparkasse Aachen is a publicly owned savings and commercial bank working under public law with no foreign branches or subsidiaries. We are subject to laws and regulations against money laundering and terrorist financing in Germany. We hereby confirm that our bank has the means to intercept money laundering channels or chains involving the proceeds of terrorist activities, organized crime or others.

US-Patriot Act and AML Statement / Wolfsberg Group Fragebogen

U.S. legislation obliges U.S. Banks, U.S. brokers and dealers in securities to provide information about banks with which they regularly do business.

Sparkasse Aachen is pleased to provide the following information:

  1. US-Patriot Act certification
  2. Anti-money Laundering (AML) statement and global certification regarding foreign correspondent relationships
  3. Wolfsberg Questionnaire
 

A. The undersigned financial institution, Sparkasse Aachen, hereby certifies as follows:

B. This Certification applies to all accounts established for Sparkasse Aachen covered by Financial Institutions.

C. Physical Presence/Regulated Affiliate Status:

Sparkasse Aachen maintains a physical presence. That means:
Sparkasse Aachen has a place of business at the following street address: Friedrich-Wilhelm-Platz 1-4, 52059 Aachen, where Sparkasse Aachen employs one or more individuals on a full-time basis and maintains operating records related to its banking activities.

The above address is in Germany, where Sparkasse Aachen is authorized to conduct banking activities.

Sparkasse Aachen is subject to inspection by Bundesanstalt für Finanzdienstleistungsaufsicht, Graurheindorfer Str. 108, 53117 Bonn, the banking authority that licensed Sparkasse Aachen to conduct banking activities.

D. Indirect Use of Correspondent Accounts:

No Correspondent Account maintained by a Covered Financial Institution may be used to indirectly provide banking services to certain foreign banks. Sparkasse Aachen hereby certifies that it does not use any Correspondent Account with a Covered Financial Institution to indirectly provide banking services to any foreign bank that does not maintain a physical presence in any country and that is not a regulated affiliate.

E. Ownership Information:

Sparkasse Aachen has no owner(s) except as set forth below. For purposes of this Certification, owner means any person who, directly or indirectly, owns, controls, or has power to vote 25 percent or more of any class of voting securities or other voting interests of Sparkasse Aachen; or (b) controls in any manner the election of a majority of the directors (or individuals exercising similar functions) of Sparkasse Aachen. For purposes of this Certification, (i) person means any individual, bank, corporation, partnership, limited liability company or any other legal entity; (ii) voting securities or other voting interests means securities or other interests that entitle the holder to vote for or select directors (or individuals exercising similar functions); and (iii) members of the same family* shall be considered one person. *The same family means parent, spouses, children, siblings, uncles, aunts, grandparents, grandchildren, first cousins, stepchildren, stepsiblings, parents-in-law and spouses of any of the foregoing. In determining the ownership interest of the same family, any voting interest of any family member shall be taken into account.

Name:
Public Sector Financial Institution
50% owned by the city of Aachen, 50% owned by the district of Aachen

F. Process Agent:

The following individual or entity: WestLB AB New York Branch is a resident of the United States at the following street address: 7 World Trade Center, 250 Greenwich Street, New York, NY 10007, and is authorized to accept service of legal process on behalf of Sparkasse Aachen from the Secretary of the Treasury or the Attorney General of the United States pursuant to Section 5318(k) of title 31, United States Code.

G. General

Sparkasse Aachen hereby agrees to notify in writing each Covered Financial Institution at which it maintains any Correspondent Account of any change in facts or circumstances reported in this Certification. Notification shall be given within 30 calendar days of such change. Sparkasse Aachen understands that each Covered Financial Institution at which it maintains a Correspondent Account may provide a copy of this Certification to the Secretary of the Treasury and the Attorney General of the United States. Sparkasse Aachen further understands that the statements contained in this Certification may be transmitted to one or more departments or agencies of the United States of America for the purpose of fulfilling such departments' and agencies' governmental functions.

We, Sparkasse Aachen, certify that we have read and understood this Certification, that the statements made in this Certification are complete and correct, and that we are authorized to execute this Certification on behalf of Sparkasse Aachen.

Sparkasse Aachen
Friedrich-Wilhelm-Platz 1-4
52062 Aachen
Germany

Aachen, 16. Januar 2010

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