Here is the text from the regulation
(5)(i) Customer notice. The CIP must
include procedures for providing bank
customers with adequate notice that
the bank is requesting information to
verify their identities.
(ii) Adequate notice. Notice is adequate
if the bank generally describes
the identification requirements of this
section and provides the notice in a
manner reasonably designed to ensure
that a customer is able to view the notice,
or is otherwise given notice, before
opening an account. For example,
depending upon the manner in which
the account is opened, a bank may post
a notice in the lobby or on its website,
include the notice on its account applications,
or use any other form of written
or oral notice.
(iii) Sample notice. If appropriate, a
bank may use the following sample
language to provide notice to its customers:
IMPORTANT INFORMATION ABOUT PROCEDURES
FOR OPENING A NEW ACCOUNT
To help the government fight the funding
of terrorism and money laundering activities,
Federal law requires all financial institutions
to obtain, verify, and record information
that identifies each person who opens an
account.
What this means for you: When you open
an account, we will ask for your name, address,
date of birth, and other information
that will allow us to identify you. We may
also ask to see your driver’s license or other
identifying documents.