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#2207483 - 02/28/19 09:28 PM Physical address for individual living in a shelte
ABT Offline
Junior Member
Joined: Nov 2010
Posts: 32
Can anyone share what their CIP policy requires for a physical address verification for an individual living at a shelter (homeless, women's shelter, etc.)? What verifying documentation is required?

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#2207578 - 03/01/19 08:10 PM Re: Physical address for individual living in a shelte ABT
TryingtoComply Offline
Diamond Poster
Joined: Apr 2013
Posts: 1,965
The West
If that's where they live - then that's where they live. Many women's shelters provide temporary shelter for women that are victims of domestic violence until they can get on their feet.

There is no documentation that is required by any law. Your bank must decide what to do in this case.
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TryingToComply
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#2207698 - 03/04/19 08:50 PM Re: Physical address for individual living in a shelte ABT
chuckchuck Offline
Junior Member
Joined: Apr 2018
Posts: 45
You should consider having your board make an accommodation to your CIP if this is going to be a common occurrence.
We had to make one many years ago for homeless, and ours states that a next of kin can be used if a physical address cannot be provided for cases such as vagrant or RV nomads.

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