Customer Identification Program shall have the meaning set forth in Section 34 hereof.
Customer Identification Program shall have the meaning set forth in Section 5.18.
Customer Identification Program. (“CIP”) Services.
Examples of Customer Identification Program in a sentence
Client acknowledges that Advantage is subject to federal laws, including the Customer Identification Program (CIP) requirements under the USA Patriot Act and its implementing regulations, pursuant to which Advantage must obtain, verify and record information that allows Advantage to identify Client.
Our Customer Identification Program is designed to comply with all federal mandates.
To comply with the USA PATRIOT ACT, we have adopted a Customer Identification Program.
This step involves evaluating data pertaining to the bank’s activities (e.g., number of: domestic and international funds transfers; private banking customers; foreign correspondent accounts; PTAs; and domestic and international geographic locations of the bank’s business area and customer transactions) in relation to Customer Identification Program (CIP) and customer due diligence (CDD) information.
Assess the bank’s compliance with the statutory and regulatory requirements for the Customer Identification Program (CIP).1.
More Definitions of Customer Identification Program
Customer Identification Program has the meaning set forth in Section 9.16 hereof.
Customer Identification Program means a process whereby Firstmark screens and monitors applicants under certain of the regulations promulgated by the Office of Foreign Assets Control (“OFAC”) and in connection with the USA Patriot Act in an effort to determine if such persons appear on any lists maintained by OFAC and determining whether any potential transaction may constitute suspicious activity.
Customer Identification Program shall have the meaning set forth in Section 5.20. “Election to Exercise” shall have the meaning set forth in Section 2.3(d). “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended. “Exchange Ratio” shall have the meaning set forth in Section 3.1(c).
Customer Identification Program. To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means to you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents. The information is being requested and observed for compliance with the requirements of Section 326 of the USA PATRIOT Act related to implementing customer identification and verification requirements. Fair and Accurate Credit Transaction Act Disclosure: In conjunction with your application for credit and, if approved, maintenance of your Account, you agree that we have the right to investigate your credit and employment history, to verify your credit references, to request and use credit reports, and to report the way you pay your Account to credit bureaus and other interested parties. The information about the costs of the Card described in this application is accurate as of 01/21/16. This information may change after that date. To find out what may have changed, call 0- 000-000-XXXX (2265) or write to Citizens Bank of Kentucky at P. O. Box 1488, Paintsville, KY 41240.
Customer Identification Program means a risk-based program that includes policies, procedures and controls to (i) verify the identity of the person (consumer or entity) seeking to open an account or otherwise conduct business with Client, (ii) maintain records of the information used to verify identity and (iii) consult government lists of known or suspected terrorists or terrorist’s organizations to confirm that the person is not on any list.
Customer Identification Program means FMER’s Customer Identification Program, adopted in accordance with Section 326 of the USA Patriot Act and its implementing regulations, as modified by FMER from time to time.
Customer Identification Program means a process whereby Firstmark screens and monitors applicants under certain of the regulations promulgated by the Office of Foreign Assets Control (“OFAC”) and in connection with the USA Patriot Act in an effort to determine if such persons appear on any lists maintained by OFAC and determining whether any potential transaction may constitute suspicious activity. 1-10. “Education Loan” means a consumer loan made or to be made to a Borrower for the funding of expenses in connection with such Borrower’s post-secondary education and/or education related to professional certifications, and which is not insured or guaranteed by, or made pursuant to a program sponsored by, a state or federal government or governmental agency. 1-11. “Effective Date” means the date set forth in the preamble to this Agreement. 1-12. “Fees” means the amounts to be paid by Lender to Firstmark for the Services, as further set forth in Section 2-8 hereof. 1-13. “Force Majeure" means, without limitation, the following: acts of God, strikes, lockouts, or other industrial disturbances; acts of public enemies; order or restraint of any kind of the government of the United States of America or of any state or locality in which a party is doing business or any of their departments, agencies or officials, or any civil or military authority; insurrections; riots; landslides; earthquakes; fires; storms; droughts; floods; explosions; breakage or accident to machinery, equipment, transmission pipes or canals; or any other cause or event not reasonably within the control of the party.