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Sagot :
Answer: D.) Both A and B are correct.
Explanation:
The Bank Secrecy Act/USA PATRIOT Act demands that people who are applying for bank products should verify their identity.
They can do so via several documents first of which is a single Group A document. These could be Driver's License , Foreign Passport , Military ID etc.
Then there is to be a single identity from both B1 and B2 as well and these include: Employee ID , Check Cashing ID , Food Stamp ID , Indian Tribal Card and the like.
This is being done to limit terrorist financing and money laundering so utmost compliance is advised.
The correct option is D.) Both A and B are correct.
The following information should be considered:
- The Bank Secrecy Act/USA PATRIOT Act demands that people who are applying for bank products should verify their identity.
- It can be done via several documents first of which is a single Group A document.
- These could be Driver's License , Foreign Passport , Military ID etc.
- After this, there is to be a single identity from both B1 and B2 as well and these include: Employee ID , Check Cashing ID , Food Stamp ID , Indian Tribal Card and the like.
- This is being done to limit terrorist financing and money laundering so utmost compliance is advised.
Learn more: brainly.com/question/16911495
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