Common use of Procedures for Opening a New Card Account Clause in Contracts

Procedures for Opening a New Card Account. 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 obtains a Card. What this means for you: When you apply for a Card, 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 a copy of your driver’s license or other identifying documents. If we are unable to verify your identity, we may, at our sole discretion, (i) permit you to activate and use your Card to spend down any Available Balance on your Card, (ii) issue you a refund check for any Available Balance on your Card, or (iii) require further investigation. Until we are able to successfully verify your identity, you will not be able to reload your Card and may not be able obtain cash or use your Card. We may request this information either when applying for a Card or during the Cardholder relationship.

Procedures for Opening a New Card Account. 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 obtains a Card. What this means for you: When you apply for a Card, 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 a copy of your driver’s license or other identifying documents. If we are unable to verify your identity, we may, at our sole discretion, (i) permit you to activate and use your Card to spend down any Available Balance on your Card, (ii) issue you a refund check for any Available Balance on your Card, or (iii) require further investigation. Until we are able to successfully verify your identity, you will not be able to reload your Card and may not be able obtain cash or use your Card. We may request this information either when applying for a Card or during the Cardholder cardholder relationship.