Select “Yes” if the FI maintains a branch outside its country/jurisdiction of tax residence. A branch is a unit, business, or office of an FI that is treated as a branch under the regulatory regime of a country/jurisdiction or is otherwise regulated under the laws of a country/jurisdiction as separate from other offices, units, or branches of the FI. FIs should treat all offices or business units within any one jurisdiction as a single branch. Trustee-documented trusts. If you are applying as a trustee of a trustee-documented trust, you do not need to answer questions about your branches and should select "No."