USA 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 person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow is to identify you. We may ask to see your driver’s license and other identifying documents.
In compliance with the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) and Regulation GG, this notifies you that restricted transactions are prohibited from being processed through any account with our bank.
As of 06/01/10, Reg GG prohibits restricted transactions in your account. Restricted transactions include, but are not limited to checks, debit or credit card transactions, ACH or drafts that are knowingly accepted in connection with unlawful Internet gambling.
We may block or reject any restricted transactions or close any account we believe is in receipt of such transactions. If this doesn't apply to your business, no action is required. Contact us for further details.