This document outlines the procedures for opening a new account under the USA PATRIOT Act Section 326, which requires financial institutions to obtain, verify, and record information identifying each person or legal entity opening an account. It also includes a notice regarding non-US correspondent banks and the prohibition of establishing accounts for certain designated banks under section 311 of the USA PATRIOT Act. Additionally, it mentions Regulation GG related to the Unlawful Internet Gambling Enforcement Act of 2006.
documents/vol00010-efta01345859-pdf.pdf
{"title":"USA PATRIOT Act Section 326 Customer Identification Program & Regulation GG","document_type":"correspondence","document_subtype":"notice","key_organizations":["Deutsche Bank","Banco Delta Asia","Commercial Bank of Syria","FBME Bank Ltd","Halawi Exchange Co.","Kassem Rmeiti & Co. For Exchange"]}