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Do we CIP signers on accounts?

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Question: 
Do we run Customer Identification Program (CIP) on signers?
Answer: 

Customers are the owners of the accounts. Signers like POAs, authorized signers and business signers do not have to have CIP run on them in the regulation. But if your policy says to CIP signers then you have to.

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First published on 04/18/2021

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