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#2254849 - 06/04/21 03:16 PM Debit Cards
Amy S Offline
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Joined: Sep 2020
Posts: 224
I'm not sure if this is the correct place to ask this but, Debit Cards: Is there ever an instance you would issue more than one debit card to a consumer account holder? ie Bob Barker has two debit cards in his name for account 654321. This is a subject brought up today. Why or why not? Thanks!

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BSA/AML/CIP/OFAC Forum
#2254880 - 06/04/21 06:44 PM Re: Debit Cards Amy S
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,363
Galveston, TX
It is really a business decision as to how many active cards you want to give to one person.
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#2255004 - 06/08/21 04:24 PM Re: Debit Cards Amy S
CI@MBOC Offline
Junior Member
Joined: Apr 2021
Posts: 42
They are likely asking for an additional one for a separate person that isn't on the account. Hello, CIP and risk screening.

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#2255015 - 06/08/21 06:34 PM Re: Debit Cards Amy S
P*Q Offline

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P*Q
Joined: May 2001
Posts: 8,458
Somewhere
We do not. Why would a customer need more than one is our reason.

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#2255017 - 06/08/21 06:37 PM Re: Debit Cards Amy S
BrianC Offline
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BrianC
Joined: Nov 2004
Posts: 6,716
Illinois
Oh, I always want a spare debit card so I don't have to call the bank and report it lost since I can use the spare. Of course, when I do finally call the bank there will likely be thousands of dollars of fraud that you get to reimburse me for.

Not something I would offer, either.
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#2255018 - 06/08/21 06:46 PM Re: Debit Cards Amy S
Amy S Offline
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Joined: Sep 2020
Posts: 224
Thank you everyone for your input. I'm in agreement with all of you on this. I'll pass this info to the powers that be.

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