Select ¡°Yes¡± and complete Question 11B, if the FI wants to appoint one or more POCs, other than the RO identified in Question 10. A POC is an individual authorized to receive from the IRS FATCA-related information regarding the FI and to take other FATCA-related actions on behalf of the FI . While the POC must be an individual, the POC does not need to be an employee of the FI.
Select ¡°No¡± if the FI wants the IRS to send correspondence only to the RO identified in Question 10.
By listing one or more POCs in Question 11B and selecting the ¡°Yes¡± box in Question 11A, the individual identified in the checkbox on Question 11B is providing the IRS with written authorization to release the FI¡¯s FATCA information to the POC.