USA PATRIOT ACT. WHAT DOES IT STAND FOR?. Uniting and Strengthening America By Providing Appropriate Tools Required to Intercept and Obstruct Terrorism. The Act is 342 pages 350 subject areas 21 legal amendments 40 federal agencies. Whets The Purpose of the Act .
USA PATRIOT ACT
WHAT DOES IT STAND FOR?
Uniting and Strengthening America By Providing Appropriate Tools Required to Intercept and Obstruct Terrorism
Absolutely Not !!!!!!!!!!!!
Identity Verification ProceduresNew Members – Each individual who establishes a new account with Beacon Credit Union must provide the following information to open a new account:
Existing Members – For existing members who are requesting new accounts or services, identity must be verified using the above process.UNLESS:Identity was previously verified in accordance with the policy and procedures, or the employee has a reasonable belief that the true identity of the member has been established.**Must use CIP on ALL ACCOUNTS opened