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"To open a checking or savings account, the bank or credit union will need to verify your name, date of birth, address, and ID number. An ID number can be a soc
by asabjorn 7y ago
"To open a checking or savings account, the bank or credit union will need to verify your name, date of birth, address, and ID number. An ID number can be a social security number or an Individual Taxpayer Identification Number (ITIN). To get an ITIN, you will need to fill out a form with the Internal Revenue Service (IRS) .
If you don’t have a U.S. government-issued SSN or ITIN, some banks and credit unions will accept a passport number and country of issuance, an alien identification card number, or other government-issued ID number." [1]
[1] https://www.consumerfinance.gov/ask-cfpb/can-i-get-a-checking-account-without-a-social-security-number-en-929/ https://www.consumerfinance.gov/ask-cfpb/can-i-get-a-checkin...
- RandomBacon 7y agoSounds good. So technically an ID is not needed. Just to make sure we are on the same page, we are equating "ID" to a physical identification card, right? Since I think that's what this conversation stemmed from. I bet those credit unions were just running my Social Security Number against a database to make sure it matched with the name, DOB, etc I provided. I wonder if there is a legal definition of "verify" when it comes to banks and customers. Verifying could just be asking the customer, what their name is.
- asabjorn 7y agoSince they need to verify your address as well I presume IDing with social security card also require providing a piece of mail. Getting someone’s social security card is hard so this plus a piece of mail or government picture IDs seem fair for an election. Basically, the banking bar.