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#2243983 - 10/13/20 07:22 PM CIP exception for expired driver's license
J_G Offline
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Joined: Dec 2010
Posts: 261
What wording did you all use in a memo or policy update that references waiving the CIP unexpired driver's license requirement due to Covid?

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#2243984 - 10/13/20 07:29 PM Re: CIP exception for expired driver's license J_G
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,393
Galveston, TX
If due to emergency conditions the proper authority within a State extends the expiration date of official identification documents beyond the expiration date as it appears on the identification document, the bank will treat the identification document as unexpired during that period of time and will properly note the file.
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#2244014 - 10/14/20 03:12 PM Re: CIP exception for expired driver's license J_G
edAudit Offline
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edAudit
Joined: Jul 2008
Posts: 4,796
You are here
I would think that a memo to file would work (wording above good).

Although the document shows that the item is expired , it is not expired due to the extension from the state.
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#2244039 - 10/14/20 07:42 PM Re: CIP exception for expired driver's license J_G
J_G Offline
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Joined: Dec 2010
Posts: 261
@rlcarey - did you add anything else besides this to your policy that was prompted by the COVID-19 pandemic? If so would you please share? Thanks

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#2244044 - 10/14/20 08:02 PM Re: CIP exception for expired driver's license J_G
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,393
Galveston, TX
Truth be told I don't work for a bank and made that up on the fly in about 10 seconds.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#2244122 - 10/15/20 08:47 PM Re: CIP exception for expired driver's license J_G
John Burnett Offline
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John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
I don't work for a bank either, and I can't improve on Randy's suggested wording.
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