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#123530 - 10/20/03 01:27 PM Definition of Customer
AMXSteve Offline
Member
Joined: Jun 2001
Posts: 75
Wilmington, OH, USA
Is a branch of a foreign government considered to be a customer for CIP purposes? We have an attorney's office that wants to open an account on behalf of a foreign government. I'm trying to determine the documentation I need for this account. I've re-read the final regs and have just managed to confuse myself.
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AMXSteve

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#123531 - 10/20/03 05:59 PM Re: Definition of Customer
Anonymous
Unregistered

I think it does meet the definition of a customer. However only the person opening the account needs to give you the 4 required pieces of info on themselves( the individual-ss#, dob, address, and name) along with the id verification piece. This should meet the requirement.

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