Credit Card Application

An SPF is a current or former:

• senior official in the executive, legislative, administrative, military or judicial branches of a government, whether elected or appointed, or paid or not; or
• senior official of a major political party; or
• senior executive of a government-owned or government-funded corporation, institution or charity.

The definition of SPF encompasses both foreign and domestic SPFs.

Close Associates and Immediate Family Members
In addition, the definition of an SPF includes the "close associates" and "immediate family members" of an SPF. A close associate is a person (i) who is widely and publicly known to have a close association with an SPF, or (ii) who is actually known by the Business to be a close associate of the SPF, even if the association is not widely known. The immediate family members of an SPF include, for example, spouses, domestic partners, parents, siblings, children, step-children, the spouses of children, and a spouse's parents and siblings.

Reference to the term "director" with respect to Citibank, N.A. would include directors on Citibank, N.A.'s board of directors or member of Country Coordination Committee of Citibank, N.A. (accessible at https://www.online.citibank.co.in/press-room/citi-leadership.pdf), India Branch, and would include directors of subsidiaries/ trustees of mutual funds/ venture capital funds set up by Citibank.³

"Relative" includes: (a) Spouse (b)Father (c) Mother (including step-mother) (d) Son (including step-son) (e) Son's Wife (f) Daughter (including step-daughter) (g) Daughter's Husband (h) Brother (including step-brother) (i) Brother's wife (j) Sister (including step-sister) (k) Sister's husband (l) Brother (including step-brother) of the spouse (m) Sister (including stepsister) of the spouse.⁴

"Senior Officer" shall mean (i) any officer in senior management level in Grade IV and above in a nationalized bank, and (ii) any officer in equivalent scale in the State Bank of India and associate banks, and in any banking company incorporated in India.⁵

"Which is defined as a senior official in the executive, legislative, administrative, military or judicial branches of a government, whether or not elected, a senior official of a major political party, or a senior executive of a government-owned or government-funded corporation, institution or charity. A "Senior Public Figure" also includes any entity that has been formed by or on behalf of a Senior Public Figure, in which the Senior Public Figure is a beneficial owner of at least twenty-five per cent of the entity. In addition, a "Senior Public Figure" includes the immediate family of a Senior Public Figure and any close associate or relative of a Senior Public Figure. A close associate is a person who is widely and publicly known to maintain an unusually close relationship with and able to conduct financial transactions on behalf of a Senior Public Figure.