For example. I might want to open a personal account and not have the statements or other mail come to my home address. So I give the bank the address of the business at which I work. That's squarely within the CIP rule. (Of course, I work at home, so it's a bad example!)
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John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
Bankers' Threads User #8