BSA/AML Examiner School - Case Study Oct 2023

LCB12/15

Checklist 4.2: CIP Account Review (cont.)

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Did the institution obtain the following information prior to opening an account: 31 CFR 1020.220(a)(2)(i)(A) • Name?

Y

Y

Y

Date of birth (individuals only)?

•

Y

Y

Y

Y

Y

Y

Address?

•

• For U.S. persons — taxpayer identification number (TIN)?

Y

Y

Y

NA NA NA

• For non-U.S. persons — a TIN or other number from a government-issued photographic identification document?

Based on the requirements of the institution's CIP policy and procedures, did the institution obtain the required documentary or non-documentary verification of identification? Y :l Y If the account was opened without a taxpayer identification number (TIN), did the institution: 31 CFR 1020.220(a)(2)(i)(B) , • Obtain some form of confirmation that the customer applied for a TIN prior to opening the account? NA NA NA

NA NA NA

• Follow up to ensure that it obtained the TIN?

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