Common use of Important Information About Procedures Required By The Patriot Act Clause in Contracts

Important Information About Procedures Required By The Patriot Act. 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 entity or person who opens an account or establishes a relationship with a Lender.

Important Information About Procedures Required By The Patriot Act. To help the government fight the funding of terrorism and money laundering activities, federal Federal law requires all financial institutions to obtain, verify, and record information that identifies each entity or person Person who opens an account or establishes a relationship with a Lenderthe Bank.