CIP, and the verification associated with CIP, is required for all customers.
We require a CDD worksheet to be completed for all business customers, collecting information primarily about any MSB activities, Unlawful Internet Gambling activities, and the services in which they will engage (e.g., wire transfers - domestic or international, ACH origination, etc.).
We do not require any such CDD worksheet for individuals, but rather depend upon monitoring for suspicious activity for individuals.
I hear and I forget. I see and I remember. I do and I understand.--Confucius