Can we give a Regulation E disclosure to a business customer?
What kind of CDD should we be doing on small nonprofit organizations?
Do we have to run the same Customer Identification Program on beneficial owners that we do on consumer accounts?
We are getting ID on all signers of businesses. Do we have to do this?
A person opens a DDA, is properly CIPd, and his name includes "Jr." as a suffix. Later, the same person, same SSN, borrows money without using the "Jr." suffix. Should the lender require the borrower to re-sign the promissory note using Jr. in the borrower's name?
Is a driver's receipt (temporary driver's license) acceptable to use as ID to open a new account? The new Wisconsin paper temporary ID has a picture, number, expiration date, and signature. We are a Wisconsin bank and are not sure if we can open accounts with this form of ID.
What documentation should be requested when opening a Public Fund Entity account in Texas? We have come across some entities which do not want to
provide IDs for the signers, but our policy states we need them.
Is there a website that can be accessed to verify the identity of a non-U.S. citizen applying for an account?
DDA customer account auto closes because the balance went to zero. Customer comes in 2 days later wondering what has happened. Must they be re-CIPed to re-open their account?
What part of the trust documentation is need to open an account?