Common use of Identification Requirements Clause in Contracts

Identification Requirements. 5.1. We are required by law to verify your identity and your address. We will not open an account until we have satisfactorily done this for every person named in the Application. You can find out more information about this on our website. 5.2. By making an application to open an account with us you agree that we may undertake a search with a Credit Reference Agency for the purposes of verifying your identity. To do so the Credit Reference Agency may check the details you supply against any particulars on any database (public or otherwise) to which they have access. They may also use your details in the future to assist other companies for verification purposes. A record of the search will be retained. 5.3. The electronic search may leave a soft footprint in your credit file. This is not a credit check and will not affect your ability to obtain credit at other financial institutions. 5.4. If we cannot satisfy our legal obligations electronically, we will write to you and ask you to provide documentary evidence to prove your identity and your address. If this happens you will be given the option to withdraw your application. 5.5. In the event that documentary evidence is required, the terms outlined in 3.4 will no longer apply. 5.6. We will not bank your cheque until satisfactory documentary evidence is obtained where this is required, and you are content to continue with your application. If you have applied online we will hold your funds pending satisfactory completion of our electronic verification. In the event that we are unable to verify your identity your funds will be returned toyou.

Identification Requirements. 5.1. We W e are required by law to verify your identity and your address. We W e will not open an account until we have satisfactorily done this for every person named in the Application. You can find out more information about this on our website. 5.2. By making an application to open an account with us you agree that we may undertake a search with a Credit Reference Agency for the purposes of verifying your identity. To do so the Credit Reference Agency may check the details you supply against any particulars on any database (public or otherwise) to which they have access. They may also use your details in the future to assist other companies for verification purposes. A record of the search will be retained. 5.3. The electronic search may leave a soft footprint in your credit file. This is not a credit check and will not affect your ability to obtain credit at other financial institutions. 5.4. If we cannot satisfy our legal obligations electronically, we will write to you and ask you to provide documentary evidence to prove your identity and your address. If this happens you will be given the option to withdraw your application. 5.5. In the event that documentary evidence is required, the terms outlined in 3.4 will no longer apply. 5.6. We W e will not bank your cheque until satisfactory documentary evidence is obtained where this is required, and you are content to continue with your application. If you have applied online we will hold your funds pending satisfactory completion of our electronic verification. In the event that we are unable to verify your identity your funds will be returned toyouto you.

Identification Requirements. 5.1. We are required by law to verify your identity and your address. We will not open an account until we have satisfactorily done this for every person named in the Application. You can find out more information about this on our websitewebsite or by calling or writing to us. 5.2. By making an application to open an account with us you agree that we may undertake a search with a Credit Reference Agency for the purposes of verifying your identity. To do so the Credit Reference Agency may check the details you supply against any particulars on any database (public or otherwise) to which they have access. They may also use your details in the future to assist other companies for verification purposes. A record of the search will be retained. 5.3. The electronic search may leave a soft footprint in your credit file. This is not a credit check and will not affect your ability to obtain credit at other financial institutions. 5.4. If we cannot satisfy our legal obligations electronically, we will write to you and ask you to provide documentary evidence to prove your identity and your address. If this happens you will be given the option to withdraw your application. 5.5. In the event that documentary evidence is required, the terms outlined in 3.4 will no longer apply. 5.6. We will not bank your cheque until satisfactory documentary evidence is obtained where this is required, and you are content to continue with your application. If you have applied online we will hold your funds pending satisfactory completion of our electronic verification. In the event that we are unable to verify your identity your funds will be returned toyou.