Fillable Schwab Bank High Yield Investor Checking Trust Account (Charles Schwab)

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Schwab Bank High Yield Investor Checking Trust Account (Charles Schwab)

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©2020 Charles Schwab Bank, SSB.
All rights reserved. Member FDIC. Equal Housing Lender.
CC4584258 (1120-0XAN) APP32476-18 (10/20)
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APP32476-18
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Charles Schwab & Co., Inc. and Charles Schwab Bank, SSB are separate but afliated companies and subsidiaries of The Charles Schwab Corporation.
Brokerage products are offered by Charles Schwab & Co., Inc., member SIPC. Deposit and lending products and services are offered by Charles Schwab
Bank, SSB, member FDIC and an Equal Housing Lender.
Schwab Bank High Yield Investor Checking
®
Trust Account Application for Existing
Schwab One
®
Trust Account Holders
www.schwab.com | 1-888-403-9000
• Use this application to establish a Schwab Bank High Yield Investor Checking (“High Yield Investor Checking”) Trust account with Charles Schwab
Bank, SSB (“Schwab Bank”) and link it to your existing Schwab One Trust account (“Trust brokerage account”) held at Charles Schwab & Co., Inc.
(“Schwab”). All Trustees must be U.S. citizens or resident aliens, and must also reside in the U.S. or one of its territories and provide a U.S. mailing
address. In addition, Trustees and beneciaries must be individuals and not organizations, corporations, or non-individual entities.
• Once your High Yield Investor Checking Trust account is opened, you will receive Visa® Platinum Debit Card(s). Personalized checks will be sent once your
High Yield Investor Checking account is funded.
• Important Note about Power of Attorney (POA): If you have appointed a POA on your existing Trust brokerage account, contact Schwab for the required
forms to apply POA authorization to your linked High Yield Investor Checking Trust account. Your High Yield Investor Checking Trust account cannot be
established until Schwab receives this paperwork.
Include copies of the following documents with your Application:
Living Trust Documentation
• The rst page of the Living Trust document that lists the name and date of the Living Trust (i.e., the title page, where one exists); and
• All signature pages.
Please do NOT send any additional pages from the Living Trust document or any substitute pages, such as a Memorandum of Trust, Certication of
Trust, Afdavit of Trust, or Abstract of Trust.
If the Living Trust is revocable, the client may submit either a complete Certication of Trust or the rst page and signature page(s). If information
provided on the application or supporting documents is unclear or raises questions, additional follow-up may be required.
1. Existing Trust Brokerage Account Information (Notarization of Trustee signature[s] is required in Section 8, page 8.) Exception: Notarizations
are not required for Revocable Living Trusts where the Grantor(s) and Trustee(s) are the same individual(s).
The registration of your High Yield Investor Checking Trust account will be the same as the registration for your Trust brokerage account to which it is
linked. Testamentary Trust accounts are not eligible for High Yield Investor Checking Trust accounts.
Indicate the Type of Trust:
Revocable Living Trust where the trustor(s), Trustee(s), and current beneciary(ies) are all the same individual(s)
Other Revocable Living Trust
Irrevocable Living Trust
Schwab One Trust Account Number Trust Tax ID Number* (If Revocable Living Trust, you may use Grantor’s Social Security number.)
Trust Name
Original Date of Trust (mm/dd/yyyy) Trust Is Governed by the Laws of the State of (Enter state.)
Trust/Legal Street Address (no P.O. boxes) City State Zip Code
Trust Mailing Address (If different from above; P.O. boxes may be used.) City State Zip Code
*Trust Tax ID Number must be the same as the Trust Tax ID Number on your existing Trust brokerage account.
2. Existing Trustee Information (Required)
The information provided in this section will be used by Schwab to update your account information for your linked Trust brokerage account. Your email
subscriptions to brokerage services will not be changed.
We respect your privacy. Schwab Bank will use the personal identication and account information provided in this application and previously provided to
Schwab to open and service your accounts, communicate with you, and offer information about products and services. For more information on privacy
policies, read about our privacy policy in Schwab Bank’s A Commitment to Your Privacy booklet. As required by federal law, we will use the information
you provided to Schwab and Schwab Bank to verify your identity.
Page 1 of 8
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©2020 Charles Schwab Bank, SSB.
All rights reserved. Member FDIC. Equal Housing Lender.
CC4584258 (1120-0XAN) APP32476-18 (10/20)
2. Existing Trustee Information (Required) (Continued)
All Trustees who are to conduct business in the account must provide the following information. If there are more than two Trustees who are to conduct
business in the account, photocopy the Account Application, complete Sections 2, 7, and 8 for each additional Trustee, and attach the photocopies to
the original Account Application. As required by federal law, Schwab will use the information provided to verify your identity.
Primary Trustee
Name (First) (Middle) (Last)
Home/Legal Street Address (no P.O. boxes)
City State Zip Code
Mailing Address (If different from above; P.O. boxes may be used.) City State Zip Code
Home Telephone Number
( )
Business Telephone Number
( )
Cellular Telephone Number
( )
Email Address* (Required to update the account on the web.)
Social Security/Tax ID Number Date of Birth (mm/dd/yyyy) Mother’s Maiden Name
ID Number
Driver’s License State Military
Place of Issuance Expiration Date (mm/dd/yyyy)
Are you known by any other name? Specify:
Country of Citizenship (Must list all.)
USA Other: ____________________________ Other: _____________________________
Country of Legal Residence
USA Other: __________________________________________________
Country of Birth (Required for foreign citizens and/or foreign residents only.)
Employment Status (Select only one.)
Employed Self-Employed Retired Student Homemaker Not Employed
Employer Name/Business Name
Occupation (If you selected “Employed” or “Self-Employed,” please select one option that best describes your occupation.)
Business Owner/Self-Employed Financial Services/Banking Professional Military Consultant
Executive/Senior Management Information Technology Professional Educator Other (Specify.): ________________________________
Medical Professional Other Professional Clerical/Administrative Services
Legal Professional U.S. Government Employee (Federal/State/Local) Trade/Service (Labor/Manufacturing/Production)
Accounting Professional Foreign Government Employee (Non-U.S.) Sales/Marketing
Business Street Address
City State Zip Code
*By providing your email address, you are consenting to receive email from Schwab and Schwab Bank. Information about opting out of certain email
communications is provided at www.schwab.com/privacy.
Page 2 of 8
Brokerage Products: Not FDIC-Insured • No Bank Guarantee • May Lose Value
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©2020 Charles Schwab Bank, SSB.
All rights reserved. Member FDIC. Equal Housing Lender.
CC4584258 (1120-0XAN) APP32476-18 (10/20)
Page 3 of 8
Trusted Contact Designation
A Trusted Contact Person (“Trusted Contact”)* is a resource Schwab, and your advisor (if you have one), may contact on your behalf, if necessary, to
attempt to address concerns regarding potential nancial exploitation, or in communicating with you regarding issues related to your account(s). A
Trusted Contact will not be able to view your account information, execute transactions in your account(s), or inquire about account activity, unless that
person has that authority through another role on the account(s), such as a trustee or power of attorney. Providing Schwab with Trusted Contact
information is voluntary. We encourage you to provide two Trusted Contacts in the event that one is not reachable in the future.
• Schwab suggests that your Trusted Contact(s) be someone other than your nancial consultant or investment advisor.
• You may name up to two Trusted Contacts.
• The person(s) you name as Trusted Contact(s) will be the Trusted Contact(s) on all of your Schwab accounts, as provided for in your account agreement.
• For multiple-party accounts, each party can name separate Trusted Contacts.
• The Trusted Contact(s) must be at least 18 years old.
Trusted Contact Information
Trusted Contact information provided on this form will replace all Trusted Contact information currently on le.
Person 1
If you have no changes to your existing Trusted Contact, please skip this section.
Name (Title, First) (Middle Name) (Last Name, Sufx)
Relationship (Please select only one.)
Spouse Partner Child Parent Sibling Friend Other
Please provide at least one method of contact for each Trusted Contact listed.
Mailing Address (No P.O. Boxes) City
State or Province Country Postal or Zip Code
Home Phone
( )
Mobile Phone
( )
Email Address
Person 2
If you have no changes to your existing Trusted Contact, please skip this section.
Name (Title, First) (Middle Name) (Last Name, Sufx)
Relationship (Please select only one.)
Spouse Partner Child Parent Sibling Friend Other
Please provide at least one method of contact for each Trusted Contact listed.
Mailing Address (No P.O. Boxes) City
State or Province Country Postal or Zip Code
Home Phone
( )
Mobile Phone
( )
Email Address
* If you provide a Trusted Contact Person(s) to Schwab, you understand that you have authorized Schwab and your advisor (if you have one) to contact
the Trusted Contact Person(s) at their discretion and to disclose information about your account to address possible activities that might indicate finan-
cial exploitation of you; to confirm the specifics of your current contact information, health status (including physical or mental capacity), or the identity
of any legal guardian, executor, trustee, or holder of a power of attorney on your account(s); or as otherwise permitted by FINRA rules or state law. For
more information, please see your Schwab Account Agreement, which is available at schwab.com/accountagreement.
2. Existing Trustee Information (Required) (Continued)
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©2020 Charles Schwab Bank, SSB.
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CC4584258 (1120-0XAN) APP32476-18 (10/20)
Page 4 of 8
Co-Trustee
Name (First) (Middle) (Last)
Home/Legal Street Address (no P.O. boxes)
City State Zip Code
Mailing Address (If different from above; P.O. boxes may be used.) City State Zip Code
Home Telephone Number
( )
Business Telephone Number
( )
Cellular Telephone Number
( )
Email Address* (Required to update the account on the web.)
Social Security/Tax ID Number Date of Birth (mm/dd/yyyy) Mother’s Maiden Name
ID Number
Driver’s License State Military
Place of Issuance Expiration Date (mm/dd/yyyy)
Are you known by any other name? Specify:
Country of Citizenship (Must list all.)
USA Other: ____________________________ Other: _____________________________
Country of Legal Residence
USA Other: __________________________________________________
Country of Birth (Required for foreign citizens and/or foreign residents only.)
Employment Status (Select only one.)
Employed Self-Employed Retired Student Homemaker Not Employed
Employer Name/Business Name
Occupation (If you selected “Employed” or “Self-Employed,” please select one option that best describes your occupation.)
Business Owner/Self-Employed Financial Services/Banking Professional Military Consultant
Executive/Senior Management Information Technology Professional Educator Other (Specify.): ________________________________
Medical Professional Other Professional Clerical/Administrative Services
Legal Professional U.S. Government Employee (Federal/State/Local) Trade/Service (Labor/Manufacturing/Production)
Accounting Professional Foreign Government Employee (Non-U.S.) Sales/Marketing
Business Street Address
City State Zip Code
*By providing your email address, you are consenting to receive email from Schwab and Schwab Bank. Information about opting out of certain email
communications is provided at www.schwab.com/privacy.
2. Existing Trustee Information (Required) (Continued)
Brokerage Products: Not FDIC-Insured • No Bank Guarantee • May Lose Value
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©2020 Charles Schwab Bank, SSB.
All rights reserved. Member FDIC. Equal Housing Lender.
CC4584258 (1120-0XAN) APP32476-18 (10/20)
Page 5 of 8
Trusted Contact Designation
A Trusted Contact Person (“Trusted Contact”)* is a resource Schwab, and your advisor (if you have one), may contact on your behalf, if necessary, to
attempt to address concerns regarding potential nancial exploitation, or in communicating with you regarding issues related to your account(s). A
Trusted Contact will not be able to view your account information, execute transactions in your account(s), or inquire about account activity, unless that
person has that authority through another role on the account(s), such as a trustee or power of attorney. Providing Schwab with Trusted Contact
information is voluntary. We encourage you to provide two Trusted Contacts in the event that one is not reachable in the future.
• Schwab suggests that your Trusted Contact(s) be someone other than your nancial consultant or investment advisor.
• You may name up to two Trusted Contacts.
• The person(s) you name as Trusted Contact(s) will be the Trusted Contact(s) on all of your Schwab accounts, as provided for in your account agreement.
• For multiple-party accounts, each party can name separate Trusted Contacts.
• The Trusted Contact(s) must be at least 18 years old.
Trusted Contact Information
Trusted Contact information provided on this form will replace all Trusted Contact information currently on le.
Person 1
If you have no changes to your existing Trusted Contact, please skip this section.
Name (Title, First) (Middle Name) (Last Name, Sufx)
Relationship (Please select only one.)
Spouse Partner Child Parent Sibling Friend Other
Please provide at least one method of contact for each Trusted Contact listed.
Mailing Address (No P.O. Boxes) City
State or Province Country Postal or Zip Code
Home Phone
( )
Mobile Phone
( )
Email Address
Person 2
If you have no changes to your existing Trusted Contact, please skip this section.
Name (Title, First) (Middle Name) (Last Name, Sufx)
Relationship (Please select only one.)
Spouse Partner Child Parent Sibling Friend Other
Please provide at least one method of contact for each Trusted Contact listed.
Mailing Address (No P.O. Boxes) City
State or Province Country Postal or Zip Code
Home Phone
( )
Mobile Phone
( )
Email Address
* If you provide a Trusted Contact Person(s) to Schwab, you understand that you have authorized Schwab and your advisor (if you have one) to contact
the Trusted Contact Person(s) at their discretion and to disclose information about your account to address possible activities that might indicate finan-
cial exploitation of you; to confirm the specifics of your current contact information, health status (including physical or mental capacity), or the identity
of any legal guardian, executor, trustee, or holder of a power of attorney on your account(s); or as otherwise permitted by FINRA rules or state law. For
more information, please see your Schwab Account Agreement, which is available at schwab.com/accountagreement.
2. Existing Trustee Information (Required) (Continued)
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©2020 Charles Schwab Bank, SSB.
All rights reserved. Member FDIC. Equal Housing Lender.
CC4584258 (1120-0XAN) APP32476-18 (10/20)
Page 6 of 8
3. Required Information About the Account
Source of Funds (Please select all that apply.)
In this section, we’re collecting information about the categories (“sources”) of assets that will be held in your account. Please select all of the sources
of the assets that will be deposited or held in your account, including the original sources of any assets that will be transferred into the account from
another rm.
Salary/Wages/Savings Investment Capital Gains
Social Security Benefits Gifts
Sale of Property or Business Gambling/Lottery
Family/Relatives/Inheritance Other (Please specify.): ______________________________________
Purpose of Account (Please select all that apply.)
General/Personal Expenses Distribution of Trust Assets
Payment of Trust Expenses Payment of Trustee Compensation
Educational Expenses Large Asset Purchase (Home, Car, etc.)
Other (Please specify.): ______________________________________
4. Schwab One® Trust Brokerage Account Features
Schwab’s Cash Features Program
The current cash feature on your Schwab One Trust brokerage account will remain the same.
Payment Features
If you have existing payment features (checks, debit cards, Schwab BillPay®) on your Trust brokerage account, they will become inactive after your High
Yield Investor Checking Trust account is opened. Debit cards will be deactivated 30 days after account opening. Checks and Schwab BillPay will be
deactivated 90 days after account opening.*
*Schwab One and Schwab One Trust accounts must have at least a $100 balance in order to receive a debit card or checks, unless the account is
linked to a Schwab Bank High Yield Investor Checking account.
5. Schwab Bank High Yield Investor Checking® Trust Account Features
Schwab Bank Bill Pay™
This online electronic bill payment feature is provided unless you check the box below. The feature is provided at no additional charge and will be
activated after you fund your account.
Do NOT add electronic bill payment.
Overdraft Protection
This feature systematically transfers funds from your Trust account, up to your Authorization Limit, including Available Margin Loan Value, to your Schwab
Bank High Yield Investor Checking Trust account in order to provide you with coverage against nonsufcient funds.
†
†
Overdraft protection using margin sources may create a margin loan in your Trust account that may be subject to daily interest charges, margin calls, or
potential liquidation of securities. Refer to the Schwab Bank Deposit Account Agreement and your Schwab One Account Agreement for details.
Anticipated Activity
On average, how many times per month do you anticipate making deposits, withdrawals, and/or transfers? (Please select only one.)
Less than 15 times per month
15 to 30 times per month
31 to 45 times per month
More than 45 times per month
6. Fund Your Schwab Bank High Yield Investor Checking Trust Account (Select one.)
Schwab Bank checks will be sent after you fund your High Yield 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 account opening.
Make a one-time electronic funds transfer (“ACH Transfer”) of $_____________________ (maximum $100,000) from your checking or savings account at
another nancial institution. Be sure to attach an original, preprinted, voided check or preprinted savings account deposit slip if you select this option.
Make a one-time transfer of $_____________________ from your linked Trust brokerage account.
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©2020 Charles Schwab Bank, SSB.
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CC4584258 (1120-0XAN) APP32476-18 (10/20)
Make a check or money order payable to the name of the Trust, and mail it to one of the following locations:
If you live in: Send standard mail to: Send overnight mail to:
AK, AZ, CA, CO, HI, IA, ID, KS, MT, ND, NE, NM, NV, OK, OR, SD,
TX, UT, WA, WY, Armed Forces America or Armed Forces Pacic
Charles Schwab Bank
P.O. Box 982605
El Paso, TX 79998-2605
Charles Schwab Bank
1945 Northwestern Drive
El Paso, TX 79912
AL, AR, CT, DC, DE, FL, GA, IL, IN, KY, LA, MA, MD, ME, MI, MN,
MO, MS, NC, NH, NJ, NY, OH, PA, RI, SC, TN, VA, VI, VT, WI, WV,
Armed Forces Europe, American Samoa, Guam, Marshall Islands,
Northern Mariana Islands or Puerto Rico
Charles Schwab Bank
P.O. Box 628291
Orlando, FL 32862-8291
Charles Schwab Bank
1958 Summit Park Drive, Suite 200
Orlando, FL 32810
7. Schwab Bank High Yield Investor Checking Trust Account Application Agreement
The agreement is between Charles Schwab Bank, SSB (“Schwab Bank”) and the account holder (the Trust listed on this application) for a Schwab Bank High
Yield Investor Checking Trust account, as agreed to by the Trustee(s). The terms “I,” “me,” and “my” refer to each Trustee. By signing this agreement, I:
(1) certify that I am of the age of majority in the
state in which I live, that I am legally
authorized to enter into this agreement, and
that the personal information provided in this
application, and during the account
application process, is true and correct;
(2) acknowledge that Schwab Bank will provide
me with the following documents before
account opening or before a service is
provided: (a)the Schwab Bank Deposit
Account Agreement, which contains an
arbitration provision and the Terms and
Conditions for the Schwab Bank Bill Pay™
service; (b)Schwab Bank’s A Commitment to
Your Privacy; (c)Important Privacy Choice for
Consumers, for California residents only;
and (d)the Schwab Bank Deposit Account
Pricing Guide;
(3) acknowledge that if the application is
approved, each Trustee will receive a Visa®
Platinum Debit Card once the account is
opened and the Visa Debit Card Agreement,
which contains the terms and conditions that
apply to this card;
(4) acknowledge that, unless I specically stated
otherwise, I will be enrolled in the Schwab
Bank Bill Pay service;
(5) agree to be subject to the terms and
conditions of all documents associated with
this High Yield Investor Checking Trust
account upon account opening, and
acknowledge that Schwab Bank advises me
to read all the disclosure documents prior to
opening or using this account;
(6) acknowledge that this High Yield Investor
Checking Trust account is linked with a
Schwab One® Trust account maintained at
Charles Schwab & Co., Inc., a registered
broker-dealer, and I authorize Charles Schwab
& Co., Inc. to follow the instructions set forth
in this application, if applicable;
(7) authorize Schwab Bank to initiate a one-time
debit entry (or credit entry in case of error) to
the institution and account specied by the
attached voided check or savings account
deposit slip, electronically or by other
commercially accepted method, to initially
fund the High Yield Investor Checking Trust
account; I certify that the information
provided on the voided check or savings
account deposit slip is correct and that I am
authorized to transfer funds from the
specied account;
(8) authorize Schwab Bank to inquire from any
source, including a consumer reporting
agency, as to the identity (as required by
federal law), creditworthiness and ongoing
eligibility for the account and other information
at account opening, at any time throughout
the life of the account, and thereafter, for
debt collection or investigative purposes of
all Trustees and of the Trust itself;
(9) certify that the information provided in this
application is true and complete and that
Schwab Bank is authorized to open and
maintain the High Yield Investor Checking
Trust account on behalf of the Trust
identied in this application (the “Trust”) in
accordance with the account agreements
applicable to the High Yield Investor
Checking Trust account, including, without
limitation, the authority to accept, hold, and
deliver assets belonging to the Trust, as well
as to accept orders and other instructions
relating to the Trust from the Trustees;
(10) represent, warrant, and certify that the Trust
expressly grants me the power to perform
various functions in association with the
High Yield Investor Checking Trust account,
including, but not limited to, (a)open bank
accounts, (b)write checks and otherwise
withdraw or transfer funds out of the
account, (c)view bank account information
and (d)perform any other activity authorized
by the Trust and Schwab Bank account
agreements;
(11) represent, warrant, and certify that either
(a)the Trust expressly authorizes that each
Trustee, if more than one, is authorized to
act individually, independently, and without
the consent of the other Trustees; or (b)the
Trustees have consented to each Trustee
acting individually, independently, and
without the consent of the other Trustees
with respect to the High Yield Investor Check-
ing Trust account, and that such delegation
of authority is expressly authorized by the
Trust and applicable law; and agree that any
notice sent to one Trustee will constitute
notice to all Trustees;
(12) acknowledge that Schwab Bank, in its sole
discretion, and for its sole protection, may
require the written consent of any or all
Trustees prior to acting upon the instructions
of any Trustee;
(13) represent, warrant, and certify that neither I
nor the Trust imposes any obligation upon
Schwab Bank for determining the purpose or
suitability of (a)any instructions received
from any Trustee or (b)payments or
deliveries to or among Trustees;
(14) represent, warrant, and certify that there are
no other currently acting Trustee(s) of the
Trust other than those signing this Account
Application Agreement. Should only one
person execute this Account Application
Agreement, it is a representation that the
signer is the sole current acting Trustee. I
further represent, warrant, and certify that
the Trust has not been revoked, modied, or
amended in any manner which would cause
the representations contained in this Account
Application Agreement to be incorrect;
(15) agree to notify Schwab Bank immediately in
writing of any change that would cause any
representation contained in this Account
Application Agreement to become incorrect
or incomplete;
(16) agree, jointly and severally, in both personal
and representative capacities, to indemnify
Schwab Bank, its afliates, ofcers,
directors, employees, and agents from, and
hold such persons harmless against, any
claims, judgments, surcharges, settlements,
or other liabilities or costs of defense or
settlement (including investigative and
attorneys’ fees) arising out of or related to
the High Yield Investor Checking Trust
account;
(17) acknowledge that the representations and
obligations stated in this application and
Account Application Agreement will survive
the termination of the High Yield Investor
Checking Trust account;
(18) represent, warrant, and certify that I and any
and all beneciaries of the Trust are
individuals and not organizations,
corporations or non-individual entities; and
(19) understand if no activity occurs in the
account within the time period specied by
applicable state law, the account may be
transferred to the appropriate state.
6. Fund Your Schwab Bank High Yield Investor Checking® Trust Account (Continued)
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CC4584258 (1120-0XAN) APP32476-18 (10/20)
Page 8 of 8
All Trustees must sign below in blue or black ink only.
By signing below, I agree to the terms listed on this agreement. I also authorize the linkage of my Schwab One® Trust account to my High Yield Investor
Checking Trust account in accordance with the attached Linking Authorization.
I certify, under penalty of perjury, that (1)the number shown on this application is the correct Taxpayer Identication Number for this Trust account;
(2)the Trust is not subject to backup withholding because (a)the Trust is exempt from backup withholding, or (b)the Trust is not subject to backup
withholding due to a failure to report interest and dividend income; (3)the Trust is a U.S. person (a domestic trust as dened in federal regulations
section 301.7701-7); and (4)the Trust is exempt from Foreign Account Tax Compliance Act (FATCA) reporting. I understand that if I have been notied by
the IRS that the Trust is subject to backup withholding as a result of dividend or interest underreporting and I have not received a notice from the IRS
advising me that backup withholding is terminated, I must cross out item 2 above.
The Internal Revenue Service does not require your consent to any provision of this document other than the certications required to avoid backup withholding.
Signature(s) and Date(s) Required
X
Trustee Signature Print Name Date
X
Co-Trustee Signature Print Name Date
8. Notarization of Trustee Signature(s) (Required) Exception: Notarizations are not required for Revocable Living Trusts where the Grantor(s) and
Trustee(s) are the same individual(s).
Notice to CA Residents: A notary public or other ofcer completing this certicate veries only the identity of the individual(s) who signed the
document to which this certicate is attached, and not the truthfulness, accuracy, or validity of that document.
Certicate of Acknowledgment of Notary Public*
State of ________________________________________, in the County of ___________________________________________. On ______________________,
(mm/dd/yyyy)
the above-named individual(s) personally appeared before me and proved to me on the basis of satisfactory evidence to be the person(s) whose name(s)
is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and
that by his/her/their signature(s) on the instrument, the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY that the foregoing paragraph is true and correct.
______________________________________________________________________ ___________________________
Notary Signature Today's Date (mm/dd/yyyy)
______________________________________________________________________ ___________________________
Print Notary Name My Commission Expires (mm/dd/yyyy)
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the above-named individual(s) personally appeared before me and proved to me on the basis of satisfactory evidence to be the person(s) whose name(s)
is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and
that by his/her/their signature(s) on the instrument, the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
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7. Schwab Bank High Yield Investor Checking® Trust Account Application Agreement (Continued)
FOR CHARLES SCHWAB USE ONLY:
High Yield Investor
Checking Account Number
ST
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©2020 Charles Schwab Bank, SSB. All rights reserved. Member FDIC. Equal Housing Lender. CC4584258 (1120-0XAN) APP32476-18 (10/20)
Page 1 of 2
Schwab Bank High Yield Investor Checking
®
Trust Account Application Agreement
These terms relate to your account and are part of the Schwab Bank Deposit Account Agreement between the account holder (the Trust listed on this
application) and Charles Schwab Bank, SSB (“Schwab Bank”), as agreed to by the Trustee(s). Please read and retain for your les.
The terms “I,” “me,” and “my” refer to each Trustee. I:
(1) certify that I am of the age of majority in the
state in which I live, that I am legally
authorized to enter into this agreement, and
that the personal information provided in
this application, and during the account
application process, is true and correct;
(2) acknowledge that Schwab Bank will provide
me with the following documents before
account opening or before a service is
provided: (a)the Schwab Bank Deposit
Account Agreement, which contains an
arbitration provision and the Terms and
Conditions for the Schwab Bank Bill Pay™
service; (b)Schwab Bank’s A Commitment
to Your Privacy; (c)Important Privacy Choice
for Consumers, for California residents only;
and (d)the Schwab Bank Deposit Account
Pricing Guide;
(3) acknowledge that if the application is
approved, each Trustee will receive a Visa®
Platinum Debit Card once the account is
opened and the Visa Debit Card Agreement,
which contains the terms and conditions
that apply to this card;
(4) acknowledge that, unless I specically stated
otherwise, I will be enrolled in the Schwab
Bank Bill Pay service;
(5) agree to be subject to the terms and
conditions of all documents associated with
this High Yield Investor Checking Trust
account upon account opening, and
acknowledge that Schwab Bank advises me
to read all the disclosure documents prior
to opening or using this account;
(6) acknowledge that this High Yield Investor
Checking Trust account is linked with a
Schwab One® Trust account maintained at
Charles Schwab & Co., Inc., a registered
broker-dealer, and I authorize Charles
Schwab & Co., Inc. to follow the instructions
set forth in this application, if applicable;
(7) authorize Schwab Bank to initiate a one-time
debit entry (or credit entry in case of error) to
the institution and account specied by the
attached voided check or savings account
deposit slip, electronically or by other
commercially accepted method, to initially
fund the High Yield Investor Checking Trust
account; I certify that the information
provided on the voided check or savings
account deposit slip is correct and that I am
authorized to transfer funds from the
specied account;
(8) authorize Schwab Bank to inquire from any
source, including a consumer reporting
agency, as to the identity (as required by
federal law), creditworthiness and ongoing
eligibility for the account and other information
at account opening, at any time throughout
the life of the account, and thereafter, for
debt collection or investigative purposes of
all Trustees and of the Trust itself;
(9) certify that the information provided in this
application is true and complete and that
Schwab Bank is authorized to open and
maintain the High Yield Investor Checking
Trust account on behalf of the Trust
identied in this application (the “Trust”) in
accordance with the account agreements
applicable to the High Yield Investor
Checking Trust account, including, without
limitation, the authority to accept, hold, and
deliver assets belonging to the Trust, as well
as to accept orders and other instructions
relating to the Trust from the Trustees;
(10) represent, warrant, and certify that the
Trust expressly grants me the power to
perform various functions in association
with the High Yield Investor Checking Trust
account, including, but not limited to,
(a)open bank accounts, (b)write checks
and otherwise withdraw or transfer funds
out of the account, (c)view bank account
information and (d)perform any other
activity authorized by the Trust and Schwab
Bank account agreements;
(11) represent, warrant, and certify that either
(a)the Trust expressly authorizes that each
Trustee, if more than one, is authorized to
act individually, independently, and without
the consent of the other Trustees; or (b)the
Trustees have consented to each Trustee
acting individually, independently, and
without the consent of the other Trustees
with respect to the High Yield Investor
Checking Trust account, and that such
delegation of authority is expressly
authorized by the Trust and applicable law;
and agree that any notice sent to one
Trustee will constitute notice to all Trustees;
(12) acknowledge that Schwab Bank, in its sole
discretion, and for its sole protection, may
require the written consent of any or all
Trustees prior to acting upon the instruc-
tions of any Trustee;
(13) represent, warrant, and certify that neither I
nor the Trust imposes any obligation upon
Schwab Bank for determining the purpose
or suitability of (a)any instructions received
from any Trustee or (b)payments or
deliveries to or among Trustees;
(14) represent, warrant, and certify that there
are no other currently acting Trustee(s) of
the Trust other than those signing this
Account Application Agreement. Should only
one person execute this Account Applica-
tion Agreement, it is a representation that
the signer is the sole current acting Trustee. I
further represent, warrant, and certify that
the Trust has not been revoked, modied, or
amended in any manner which would cause
the representations contained in this Account
Application Agreement to be incorrect;
(15) agree to notify Schwab Bank immediately in
writing of any change that would cause any
representation contained in this Account
Application Agreement to become incorrect
or incomplete;
(16) agree, jointly and severally, in both personal
and representative capacities, to indemnify
Schwab Bank, its afliates, ofcers,
directors, employees, and agents from, and
hold such persons harmless against, any
claims, judgments, surcharges, settle-
ments, or other liabilities or costs of
defense or settlement (including investiga-
tive and attorneys’ fees) arising out of or
related to the High Yield Investor Checking
Trust account;
(17) acknowledge that the representations and
obligations stated in this application and
Account Application Agreement will survive
the termination of the High Yield Investor
Checking Trust account;
(18) represent, warrant, and certify that I and
any and all beneciaries of the Trust are
individuals and not organizations,
corporations or non-individual entities; and
(19) understand if no activity occurs in the
account within the time period specied by
applicable state law, the account may be
transferred to the appropriate state.
ST
©2020 Charles Schwab Bank, SSB. All rights reserved. Member FDIC. Equal Housing Lender. CC4584258 (1120-0XAN) APP32476-18 (10/20)
Page 2 of 2
Linking Authorization
These terms relate to your account and are part of the Account Agreement between the account holder (the Trust listed on this application), Charles
Schwab Bank, SSB (“Schwab Bank”) and Charles Schwab & Co., Inc. (“Schwab”). Please read and retain for your les.
If you link your Trust account to a High Yield
Investor Checking Trust account held at Schwab
Bank, you authorize Schwab to accept and
follow instructions received from Schwab Bank
to transfer funds from your Trust account to your
High Yield Investor Checking Trust account as
set forth in your Schwab Bank Investor Checking
Trust Account Application and Schwab Bank
Deposit Account Agreement. The provisions of
the Agreement and Disclosures relating to
checks and debit cards will not apply to the
services received from Schwab Bank.
You authorize Schwab to act as your agent in
processing those instructions from Schwab
Bank. You understand and agree that Schwab
has sole discretion to accept or deny, in whole
or in part, any such instruction. You also agree
that Schwab is not responsible for any errors
in calculation or damages resulting from
errors in calculations or delays in transfers. In
no event will Schwab be liable for any special,
indirect, or consequential damages, even if
we have been informed of the possibility of
such damages.
You authorize Schwab to act upon your requests
for Real-Time Funds Transfers (as dened in the
Schwab Bank Deposit Account Agreement) from
Schwab Bank. The maximum amount you may
transfer will be calculated the same way Schwab
calculates the Authorization Limit for brokerage
checkwriting privileges as set forth in the
Schwab One® Account Agreement. By requesting
a Real-Time Funds Transfer, you understand that
you may create a margin loan in your brokerage
account that may be subject to daily interest
charges.
In order for transfers to occur, both your High
Yield Investor Checking Trust account and your
Schwab One Trust account must be open and
active and linked with each other. Target Balance
Transfers will be limited to your Authorization
Limit (as described in the Schwab One Account
Agreement), excluding your Available Margin Loan
Value (as dened in the Schwab One Account
Agreement). Overdraft Transfers will be limited to
your Authorization Limit.
If you have a debit balance in your Schwab One
Trust account, Target Balance Transfers will not
be made to your High Yield Investor Checking
Trust account. Pending securities trades
(including the Automatic Investment Plan [AIP]),
pending debits to your account, and pending
transfers of funds from your account may not be
considered in determining whether funds are
available for transfer from your account to your
High Yield Investor Checking Trust account at
Schwab Bank.
Further, transfers of funds from your account
are subject to Schwab’s minimum deposit
requirements. You and your account may not
have any restrictions preventing Schwab from
using funds in your account to satisfy a transfer
instruction from Schwab Bank. If your account
becomes subject to a restriction, your eligibility
for this feature may be revoked and you
understand that Schwab Bank may close your
High Yield Investor Checking Trust account.
Transfers to Schwab Bank may result in debits
in your account. You acknowledge that you are
responsible for all debits (and interest on debits)
in your account, as described in further detail in
the Agreement and Disclosures. Your High Yield
Investor Checking account remains an obligation
solely of Schwab. Likewise, your High Yield
Investor Checking Trust account remains an
obligation solely of Schwab Bank.
Certification of Trust
This Certication of Trust sets forth the Trustees’ representations and warranties regarding their authority under the Trust. Please retain for your les.
By signing the application, each Trustee
represents and warrants that Charles Schwab
Bank, SSB (“Schwab Bank”) is authorized to
open and maintain the account on behalf of the
Trust identied in this application (the “Trust”) in
accordance with the account agreements
applicable to this account, including without
limitation the authority to accept, hold, and
deliver assets belonging to the Trust, and to
accept orders and other instructions relating to
the Trust from the Trustees.
The Trustees represent, warrant, and certify that
either (1)the Trust expressly authorizes that
each Trustee, if more than one, is authorized to
act individually, independently, and without the
consent of the other Trustees; or (2)the
Trustees have consented to each Trustee acting
individually, independently, and without the
consent of the other Trustees with respect to
the account and that such delegation of
authority is expressly authorized by the Trust
and applicable law. The Trustees agree that any
notice sent to one Trustee will constitute notice
to all Trustees. Schwab Bank, in its sole discretion
and for its sole protection, may require the
written consent of any or all Trustees prior to
acting upon the instructions of any Trustee.
The Trustees represent, warrant, and certify that
neither they nor the Trust imposes any obligation
upon Schwab Bank for determining the purpose,
suitability, or propriety (i)of any instructions
received from any Trustee or (ii)of payments or
deliveries to or among Trustees.
By signing this application, each Trustee further
represents, warrants, and certies that there
are no currently acting Trustee(s) of the Trust
other than those signing below. Should only one
person execute this application, it is a represen-
tation that the signer is the sole current acting
Trustee. Finally, the Trustees represent, warrant,
and certify that the Trust has not been revoked,
modied, or amended in any manner which
would cause the representations contained in
this Certication to be incorrect. Each Trustee
agrees to notify Schwab Bank immediately in
writing of any change that would cause this
Certication to become incorrect or incomplete.
Each Trustee hereby, jointly and severally, in both
personal and representative capacities, agrees
to indemnify Schwab Bank, its afliates, ofcers,
directors, employees, and agents from, and to
hold such persons harmless against, any claims,
judgments, surcharges, settlements, or other
liabilities or costs of defense or settlement
(including investigative and attorneys’ fees)
arising out of or related to any act or omission to
act by any Trustee with respect to the account.
The representations and obligations stated in
this Certication will survive the termination of
the account.
ST
©2020 Charles Schwab & Co., Inc. All rights reserved. Member SIPC. / Charles Schwab Bank, SSB. Member FDIC. Equal Housing Lender. CC4068872 (0620-0N2E) REG55434-06 (04/20)
Regulation E—Electronic Funds
Transfer Disclosure
This disclosure applies to your account if you elected to fund your Schwab One
®
account using Schwab MoneyLink
®
electronic funds transfer, or if
you elected to fund your Schwab Bank High Yield Investor Checking
®
account using either a one-time electronic funds transfer from your checking
or savings account at another fi nancial institution or a one-time transfer from your Schwab One brokerage account. A complete Electronic Funds
Transfer Disclosure statement applicable to each account will be provided to you with your account agreements after account opening.
Unless otherwise noted, throughout this disclosure “we,” “us,” and “our” mean both Charles Schwab & Co., Inc. (“Schwab”) and Charles Schwab
Bank, SSB (“Schwab Bank”).
Business Days. Schwab’s business days , applicable to your Schwab One
brokerage account, are Monday through Friday, excluding U.S. stock
exchange holidays and U.S. banking holidays.
Schwab Bank’s business days, applicable to your High Yield Investor
Checking account, are Monday through Friday, excluding Federal Reserve
Bank holidays.
If a funds transfer is scheduled for a day other than a business day, we
will make it on the following business day.
Consumer’s Liability for Unauthorized Transfers. Tell us at once if you
believe an unauthorized person has transferred or may transfer money
from your account without your permission. You can notify us by calling
or writing Customer Service:
For your Schwab One brokerage account:
Call: 1-800-421-4488
Write: Charles Schwab & Co., Inc.
Attn: IS Document Control
P.O. Box 982600
El Paso, TX 79998
For your Schwab Bank High Yield Investor Checking account:
Call: 1-888-403-9000
Write: Charles Schwab Bank, SSB
P.O. Box 982605
El Paso, TX 79998
Telephoning immediately is the best way of minimizing your possible losses.
Losses could include the money in your account plus, in the case of
your Schwab Bank High Yield Investor Checking account, any advances
or transfers from an overdraft source linked to your account. If unauthorized
activity occurs, you agree to cooperate during the investigation and to
complete any report or affi davit we may request.
Also, if your statement shows transfers that you didn’t make or authorize,
tell us at once. If you do not tell us within 60 days after the statement was
mailed to you, you may not get back any money you lost after the 60 days
if we can prove that we could have stopped someone from taking the
money if you had told us in time. If a good reason kept you from telling
us (such as a long trip or hospital stay), we will extend the time periods.
Disclosure of Account Information. We may disclose your name and/or
information about your account or your transactions to our agents and
affi liates in order to facilitate your transfer requests. We may also
disclose such information to third parties in certain circumstances,
which may include: (a) to banks and other entities that are involved with
the products or services we offer or arrange on behalf of customers;
(b) when it’s requested by a third party to complete a transaction; (c) to
verify the existence or condition of your account for a credit bureau or
merchant; (d) to comply with a subpoena, court order or request from
a government agency or law enforcement authority; (e) to evaluate your
creditworthiness or our ability to collect any debt you owe us; or (f) if
you give us your permission.
In addition, for your Schwab One brokerage account, Schwab may disclose
such information (a) to mutual funds that are involved with the products
or services we offer or arrange on behalf of customers and (b) pursuant to
Rule 14b-1 under the Securities and Exchange Act of 1934, to companies
in which you hold securities, unless we receive your written objection.
Periodic Statements. Schwab will send you a monthly account statement
for your Schwab One brokerage account unless there are no transfers in a
particular month. In any case, you will get the statement at least quarterly.
Schwab Bank will send you a monthly statement for your Schwab Bank
High Yield Investor Checking account unless there is no account activity
other than the posting of interest. We will send you a statement at least
quarterly, even if there is no activity in your account.
All electronic funds transfers posted to your account during the month
are listed on your statement.
Our Liability for Failure to Make Transfers. If we do not complete a
transfer to or from your account on time or in the correct amount according
to our agreement with you, we will be liable for your losses or damages.
However, there are some exceptions. We are not liable, for instance, if:
• Through no fault of ours, you do not have enough money in your
account to make the transfer.
• In the case of your Schwab Bank High Yield Investor Checking
account, the transfer would exceed the funds available under your
overdraft protection option, if any.
• Your account is restricted (because of a court order or similar
reason), and we are not permitted to make the transaction.
• Circumstances beyond our control (such as fi re or fl ood) prevent the
transfer, despite reasonable precautions that we have taken.
• Any Automated Clearing House network or other third-party
communication system from which we require information to
complete transactions was not working properly.
There may be other exceptions permitted by law.
In Case of Errors or Questions About Your Electronic Funds Transfers.
If you think your statement is wrong or if you need more information about
a transfer listed on the statement, call or write us as soon as you can:
For your Schwab One brokerage account:
Call: 1-800-421-4488
Write: Charles Schwab & Co., Inc.
Attn: IS Document Control
P.O. Box 982600
El Paso, TX 79998
For your Schwab Bank High Yield Investor Checking account:
Call: 1-888-403-9000
Write: Charles Schwab Bank, SSB
P.O. Box 982605
El Paso, TX 79998
Fax: 1-877-524-3067
We must hear from you no later than 60 days after we sent the FIRST
statement on which the problem or error appeared.
We need the following information:
• Your name and account number
• A description of the error or the transfer you are unsure about
• A clear explanation of why you believe it is an error or why you need
more information
• The dollar amount of the suspected error.
If you tell us orally, we may require that you send us your complaint or
question in writing within 10 business days.
We will determine whether an error occurred within 10 business days after
we hear from you and will correct any error promptly. If we need more
time, however, we may take up to 45 days to investigate your complaint
or question. If we decide to do this, we will credit your account within 10
business days for the amount you think is in error, so that you will have the
use of the money during the time it takes us to complete our investigation.
If we ask you to put your complaint or question in writing and we do not
receive it within 10 business days, we may not credit your account.
For errors involving new accounts, point-of-sale or foreign-initiated
transactions, we may take up to 90 days to investigate your complaint
or question. For new accounts, we may take up to 20 business days to
credit your account for the amount you think is in error.
We will tell you the results within three business days after completing
our investigation. If we decide that there was no error, we will send you a
written explanation.
You may ask for copies of the documents that we used in our investigation.
00244645
APP32476-18
00244616
ST
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Completed 24 February 2021

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