We wanted to inquire if other Texas banks verify DBA entity names against the SOS website during the annual DOEP process?

On our annual Designation of Exempt Person process, if we are aware of a different EIN or DBA, then we would want to make certain that the changes are recorded on the customer record. As far as the obligation to check the SOS’s office to verify if there are any changes, we wouldn’t have that obligation and proceed with the records that we have on file. However, if we become aware of a change, we would need to ensure Bank records match the DOEP.

Thanks for your assistance!

FYI...I asked question in BSA/AML forum.