Refer to Frequently Asked Questions Related to Customer Identification Program Rules issued by FinCEN, Federal Reserve, FDIC, NCUA, OCC, and OTS, April 28, 2005. VISA guidelines state: A merchant must not require a cardholder to provide any supplementary cardholder information as a condition of honoring the card including photocopying the card, unless it is required or permitted elsewhere in the US Regional Operating Regulations. Nonetheless, a bank should be mindful that it must not improperly use any documents containing a picture of an individual, such as a driver’s license, in connection with any aspect of a credit transaction. (These documents should be retained in accordance with the general recordkeeping requirements in. However, if a bank does choose to retain photocopies of identifying documents, it should ensure that these photocopies are physically secured to adequately protect against possible identity theft. In some cases we may not be able to accept a national ID, you can call us to find out before coming. In addition, a bank may have procedures to keep copies of the documents for other purposes, for example, to facilitate investigating potential fraud. We can only accept original documents, not photocopies. A bank’s verification procedures should be risk-based and, in certain situations, keeping copies of identifying documents may be warranted. 2023 BSA/AML Top Gun Conference ON-DEMANDĤ9 A bank may keep photocopies of identifying documents that it uses to verify a customer’s identity however, the CIP regulation does not require it.2023 Lending Compliance Triage Conference.Note Credit cards are not legally valid unless signed by the card owner. Merchants are supposed to check that the signature on the card matches the signature on the sales receipt as a security precaution. Upon verification of the customer's identity, the merchant must have them sign their card. VDOM DHTML tml> Should You Sign the Back of Your Credit Card Signing the back of your is an important security step for protecting your card’s information should it fall into the wrong hands. 2023 Operations Compliance Triage Conference For unsigned credit cards, the merchant must request two forms of ID, one of which must be a government-issued photo ID.If the identification is expired or does not match the name on the Card, or if the Cardholder does not provide identification, the Merchant may decide whether to accept the Card.ĥ.10.4 Additional Cardholder IdentificationĪ Merchant may request but must not require a Cardholder to provide additional identification information as a condition of Card acceptance, unless such information is required to complete the Transaction, such as for shipping purposes, or the Standards specifically permit or require such information to be collected. a Merchant that suspects fraud in a Face-to-Face Environment may request Cardholder identification. Unless specified in the Visa Rules, a Merchant must not request Cardholder identification as a condition of purchase. Even if you're new to the business, don't let paperwork overwhelm you. We've put together this list to give you a better idea of what to expect. A proof of age card such as the PASS card from the national Proof of Age Standards Scheme. Acceptable Documents for a Wisconsin Driver License or Identification Card Application. If someone insists that you show your ID to use your credit card, you can show a copy of the Visa or MasterCard rules. What documents do suppliers ask for Depending on where you and your supplier are located, the documentation they need may vary. The acceptable forms of ID listed here are: Valid passport. However, you may still be required to show ID for other reasons related to the sale, such as for buying alcohol/tobacco, using a card flagged as lost/stolen, suspected fraud, etc. These rules also make them accept your card even if you refuse to show your ID. They both have rules that limit stores from requiring you to show your ID as a condition of purpose.
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