How can we open businesses online under current Customer Identification Program?
Would we still have to ask purpose, source and transactional questions?
Is the person who opens the account for beneficial ownership the person who comes into the financial institution?
Won’t it be easier to forge business documents when we are not personally with the customer?
In the past, secretary of state information is not always reliable and easily changed. How can we rely on those public websites?
What is the proposed change to ESIGN?
Is it true that we can scan drivers licenses when we open accounts online but then they have to be destroyed?
Do we have to update our customer’s profile? Drivers license information?
If your customer took out their RMD and now wants to repay it to the IRA, can he or she?
Does my customer have to take an RMD or death distribution for 2020?