(3) Recordkeeping. The CIP must include procedures for making and maintaining a record of all information obtained under the procedures implementing paragraph (a) of this section.
(i) Required records. At a minimum, the record must include:
(B) A description of any document that was relied on under paragraph (a)(2)(ii)(A) of this section noting the type of document, any identification number contained in the document, the place of issuance and, if any, the date of issuance and expiration date;
The opinions expressed here should not be construed to be those of my employer: PPDocs.com
This isn't to say that I'd oppose eliminating that requirement, but the issue and expiration date help to demonstrate the validity of the document just like the ID number do, so I'm not really sure what you mean that it has no value. When I look at the ID of someone I've never met, the issue and expiration date may give me more confidence about who they are then the ID number necessarily would.
CIP isn't about how you're identifying a customer when they return to the bank after they've opened an account, it's about collecting information to demonstrate that they've identified themselves to you and you've reasonably verified that what they told you is true.