Non-FATCA Banks in Botswana

Don’t rely on this quick-reference guide, whatever you do! Check IRS website for a FATCA GIIN. Also check whether an intergovernmental agreement is in effect: TREASURY

The U.S. Department of the Treasury makes a show of all the jurisdictions entering into IGA’s and all the FATCA-registered FFI’s but for some strange reason they do NOT make it easy to find the jurisdictions without IGA’s or the banks in those jurisdictions that do NOT participate in FATCA.

Typically this website lists banks with a SWIFT BIC, and smaller banks tend not to have a SWIFT BIC.

If it shows a GIIN then they are FATCA registered.
Name of a financial institution
A FATCA-registered financial institution with a similar name
P O Box AE510AEH Gaborone
369 2900
African Banking Corporation of Botswana Limited(trading as ‘BancABC’)
Private Bag 00303 Gaborone
367 4300
Bank Gaborone Limited
Private Bag 00325 Gaborone
367 1510
Bank of Baroda (Botswana) Limited
P O Box 21559 Bontleng Gaborone
318 8878
Bank of Baroda Botswana Limited
Bank of Botswana
(The central bank)
Bank of India (Botswana) Limited
Private Bag 00111, Gaborone
392 8513 761 23199
Barclays Bank of Botswana Limited
P O Box 478, Gaborone
391 4521
Capital Bank Limited
P O Box 5548, Gaborone
390 7801
Capital Bank Limited
First National Bank of Botswana Limited
P O Box 1552, Gaborone
364 2630
Kingdom Bank Africa Limited
P O Box 45078, Gaborone
390 6863
Stanbic Bank Botswana Limited
Private Bag 00168, Gaborone
361 8189
Stanbic Bank Botswana Ltd
Standard Chartered Bank Botswana Limited
PO Box 496, Gaborone
355 2036
Standard Chartered Bank Botswana Limited
State Bank of India (Botswana) Limited
P O Box 505243, Gaborone
762 74380
The boundaries of the United States of America are the boundaries of the United States of America.

Around the world, people are learning that they are “citizens” of the U.S.A., and faced with criminal charges and devastating financial penalties for failing to report to Washington, D.C. their local bank accounts, when they don’t even live in the United States, and under the laws of their country, they are citizens only of their country.

Complicating the problem is that the U.S. Supreme Court gave them back their citizenship even if they did not want it. The court ruled in a manner consistent with U.S. Constitution, Amendment 14, which says:
All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States, and of the State wherein they reside.

But how can a country unilaterally acquire the authority to tax people overseas? These people are no more U.S.A. “citizens” than U.S. Senator Ted Cruz was a “Canadian” when he learned in 2013 that he was still a citizen of Canada under Canadian law.

The fee to renounce U.S. citizenship is $2,350.00 and they require five years of tax returns and sometimes an exit tax, and in some cases they keep taxing for ten more years. This is unacceptable.

If they want money they should repeal the income tax and use a federal sales tax, based on domestic consumption, which does not invade personal privacy. If you pay with cash there is no paper trail revealing what you buy, so why should there be a paper trail showing how much money you have, or make? Cars built overseas and sold in the U.S.A. would be taxed in the U.S.A., making the U.S.A. more competitive.