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#26840 - 08/06/02 11:46 AM Patriot Act ID retention requirement
kstelten Offline
New Poster
Joined: Aug 2002
Posts: 1
any suggestions of the most efficient way to comply with the requirement to maintain a record of the ientifying information for five years after the account is closed.

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Operations Compliance
#26841 - 08/06/02 01:06 PM Re: Patriot Act ID retention requirement
Andy_Z Offline
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Andy_Z
Joined: Oct 2000
Posts: 27,749
On the Net
Imaging technology is becoming more and more desirable.
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AndyZ CRCM
My opinions are not necessarily my employers.
R+R-R=R+R
Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell

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#26842 - 08/06/02 01:37 PM Re: Patriot Act ID retention requirement
JacF Offline

Power Poster
Joined: Nov 2001
Posts: 6,719
PA
I agree with Andy. When you scrub your database of closed accounts/former customers after the five year period, the ID goes with it.

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