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#1113808 - 01/20/09 10:00 PM Signature Card
Tocomply Offline
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Joined: Nov 2004
Posts: 650
Is it a requirement that the social security number be listed on a signature card?

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#1113840 - 01/20/09 10:25 PM Re: Signature Card Tocomply
BrendaC Offline
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BrendaC
Joined: Sep 2001
Posts: 6,029
Sweet Home AL
No, but you have to maintain a record somewhere for 5 years after the account is closed to comply with CIP requirements.
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#1113842 - 01/20/09 10:28 PM Re: Signature Card Tocomply
Elwood P. Dowd Offline
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Elwood P. Dowd
Joined: Aug 2001
Posts: 21,939
Next to Harvey
No. CIP regulations require that you obtain an identifying number prior to opening an account. It's also one of the four things you must keep for 5 years after the account is closed. However, BSA does not stipulate required contents for signature cards; i.e. you keep it wherever you keep it.

Keep in mind that the IRS is interested in TINs too and TIN certifications are often incorporated into the signature card. The TIN should appear on the same document as the customer's certification, but it does not have to be on the signature card.
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