Posted By: hsbs
Record Retention Period for an ID Image - 09/25/20 09:31 PM
Hello,
Is there a regulatory retention period for an ID image for an online opened account? To rephrase it... if one of our customers opens a consumer account online (checking/savings account), and they provide us with a copy of their ID... is there a record retention period for the copy of the ID that is required by any regulation/rule?
Thank you all for your help.
Is there a regulatory retention period for an ID image for an online opened account? To rephrase it... if one of our customers opens a consumer account online (checking/savings account), and they provide us with a copy of their ID... is there a record retention period for the copy of the ID that is required by any regulation/rule?
Thank you all for your help.