U.S. Patriot ActIMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, all financial institutions are required by law to obtain, verify and record information that identifies each individual or entity that opens an account.
When you open an account, we will ask you for the following:
- your name
- taxpayer or other government identification number
- other information, such as date of birth for individuals
This will allow OSB to identify you as an OSB Client. We may also ask to see identification documents such as a driver's license, passport or documents showing the existence of the entity. The key is we must know who you are and document our files for compliance with the law.