5 ms·
Where in the OFAC regulations or any IEEPA type executive order is a requirement that a U.S. bank obtain proof of U.S. citizenship from an accountholder?
by nkw 8y ago
Where in the OFAC regulations or any IEEPA type executive order is a requirement that a U.S. bank obtain proof of U.S. citizenship from an accountholder?
- lainga 8y agoThat's not covered. The OFAC just requires banks to have compliance programs and says that the degree and type of compliance will vary between banks, and to "ask your regulator" about it. As the other comment said, there are less urgent ways to check for US citizenship.
- JackFr 8y agoThe regulations don't ask for proof of US citizenship, they require country of citizenship.