Step-by-step Guide to Account Opening

TC Ops offers self-service account opening for all entities (individual, joint, SMSF, trust, company) and account types (CHESS, DVP, non-CHESS).

Step-by-step guide:

1. Adviser pre-fills client information into TC Ops, saves as draft.

2. Adviser generates PDF client application form via TC Ops, this will be pre-filled with the client data entered in step (1).  This form is mandatory for all applications and includes the FinClear CHESS sponsorship agreement. 

3. Adviser sends form to client, alongside FinClear Terms of Trade. 

4. Client signs form and returns to adviser (digital signatures are accepted on application forms, provided these are obtained via an official service with an audit trail such as Docusign).

5. Adviser verifies signatures and ensures all AML/KYC checks are completed. 

6. Adviser submits application via TC Ops. We generally do not require any paperwork to be submitted at the time of account opening however we will conduct audits from time to time. By submitting an account to us, you attest that you have collected and verified all relevant paperwork. 

7. FinClear approve application, account number and HIN (if applicable) are generated instantly and visible on the Account Opening dashboard.

For further assistance please contact our Account Services Team.