📘 Knowledge Base
When Is the Service Request & Prequalification Questionnaire Required?
Short Answer
The Service Request & Prequalification Questionnaire is required at the very beginning of the engagement, before any formal banking services, instruments, funding, or institutional resources are committed.
It allows U.S. Capital Private Bank to determine eligibility, scope, and suitability—without placing any financial obligation on the client.
🎯 Purpose of the Prequalification Questionnaire
This document exists to:
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Understand what the client is requesting
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Confirm the request fits within institutional compliance parameters
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Protect both the client and the bank from misalignment or wasted time
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Ensure resources are allocated only to viable, compliant transactions
It is an information-gathering and screening tool, not a commitment or contract.
✅ When the Questionnaire Is Required
🔹 1. Before Any Service Can Be Evaluated
The questionnaire is required before:
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Wealth Management services
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Trade or transaction services
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Instrument issuance (LC, SBLC, BG, MTN)
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Asset monetization
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Project funding or consulting
Without this form, the bank cannot properly assess the request.
🔹 2. When a Client Is Requesting New or Additional Services
If a client is:
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New to the bank, or
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Requesting a service outside their existing scope
A completed Service Request & Prequalification Questionnaire is mandatory.
🔹 3. For Project Funding or Capital Requests
When a request involves:
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Project funding
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Capital raises
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Structured finance
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Asset-backed funding
The questionnaire provides critical details such as:
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Project description and location
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Funding amount and structure
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Prior funding history
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Proposed security or collateral
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Use of funds
This information is essential for internal review.
🔹 4. When Institutional Resources May Be Involved
If fulfilling the request may require:
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Bank instruments
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Correspondent banking
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External institutions
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Compliance review
Prequalification ensures the request meets minimum institutional standards before escalation.
🔹 5. When Compliance Verification Is Required
The form supports:
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AML / KYC assessment
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Jurisdictional review
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Nature-of-business verification
It helps the bank determine whether the request can proceed under its governance framework.
❗ What the Questionnaire Does Not Do
To avoid confusion, completing this form:
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❌ Does not obligate the client financially
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❌ Does not guarantee approval or funding
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❌ Does not initiate a transaction
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❌ Does not replace the Smart Plan Agreement
This is clearly stated in the document itself
Service Request Prequalificatio…
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🧠 In Simple Terms
“This form helps us understand what you are asking for, confirm it is eligible, and determine the correct next steps—before anything moves forward.”
🔗 How It Fits With Other Documents
The Service Request & Prequalification Questionnaire typically comes before:
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Smart Plan Agreement
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Confirmation of Principal (if applicable)
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Bank-to-bank procedures
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RWA and SWIFT processes
Each document serves a different purpose in the overall workflow.
📞 Need Help Completing the Form?
Our team can assist you in completing the questionnaire correctly to avoid delays.
Email: [email protected]
Website: https://uscapitalprivatebank.com
Phone: +971 52 992 6005