1. Snow and cold in the North as winter returns
    Dismiss Notice
  2. Have a great weekend!
    Dismiss Notice
  3. Week of 2/25/2017 Closing prices & Chg Over Last Wk---- Gold $1258.30-- UP 19.20 Silver $18.33-- UP 30 Oil $53.99-- UP 21 USD $101.09 -- UP 14 tics Based on near term futures contract--- At JMB Current price AGE 2017 $1309.66 (1), SAE $21.82 (20)

How to open up a Bank Account with no government ID numbers

Discussion in 'Beginner's Forum' started by Goldhedge, Jan 1, 2015.



  1. Goldhedge

    Goldhedge Modal Operator/Moderator Site Mgr Site Supporter

    Joined:
    Mar 28, 2010
    Messages:
    25,762
    Likes Received:
    27,498
    Trophy Points:
    113
    Occupation:
    Tech
    DYODD FWIW

    [video=youtube_share;OsD6lBmcodg]http://youtu.be/OsD6lBmcodg[/video]
     
  2. TRYNEIN

    TRYNEIN Gold Member Gold Chaser

    Joined:
    Sep 16, 2012
    Messages:
    1,314
    Likes Received:
    2,160
    Trophy Points:
    113
    Location:
    third cove on the right
    To Financial Institutions and Account Holders Regarding the Possession and Use of Social Security Numbers.



    31 CFR 103.28 requires identification as follows:
    “Before concluding any transaction with respect to which a report is required under Sec. 103.22, a financial institution shall verify and record the name and address of the individual presenting a transaction, as well as record the identity, account number, and the social security or taxpayer identification number, if any, of any person or entity on whose behalf such transaction is to be effected.”
    Financial institutions may be required to ask you for proper identification and a social security number. The financial institution is required to make a record of the identity records that you provide to them. However, there is no law requiring an account holder or customer to provide a social security number. Additionally, there is no law prohibiting a financial institution from opening an account or completing a transaction because a customer lacks a social security number.

    31 CFR 103.33
    requires financial institutions to include a “notation in the record” that a customer lacks a social security number or certain other identification.

    31 CFR 103.34 provides:
    “In the event that a bank has been unable to secure . . . the required identification, it shall nevertheless not be deemed to be in violation of this section if:
    (i) it has made a reasonable effort to secure such identification, and
    (ii) it maintains a list containing the names, addresses, and account numbers of those persons from whom it has been unable to secure such identification, and makes the names, addresses, and account numbers of those persons available to the Secretary as directed by him.”


    18 USC Sec. 242 and 42 USC Sec. 1983 provides that:
    “Whoever, under color of any law, statute, ordinance, regulation, or custom, willfully subjects any person in any State, Territory, or District to the deprivation of any rights, privileges, or immunities secured or protected by the Constitution or laws of the United States, ... shall be fined under this title or imprisoned not more than one year, or both;”

    42 USC Sec. 1983 further provides that a violator
    “shall be liable to the party injured in an action at law, suit in equity, or other proper proceeding for redress.”

    42 USC Sec. 408 provides that:
    “Whoever ... (8) discloses, uses, or compels the disclosure of the social security number of any person in violation of the laws of the United States; shall be guilty of a felony and upon conviction thereof shall be fined under title 18 or imprisoned for not more than five years, or both.”
     
    Goldhedge and arminius like this.
  3. Krag

    Krag Planet earth Platinum Bling

    Joined:
    Feb 20, 2013
    Messages:
    3,706
    Likes Received:
    2,509
    Trophy Points:
    113
    Do as the illegals do; say you don't have a social security number, play dumb when asked probing questions. Say your starving family in xxx country depends on you for your only income source. Non-interest bearing checking account. Find which bank is the most liberal with the rules and go there asking if they can help you.

    Don't make the mistake of quoting the UCC, Constitution or threatening to sue for discrimination, it doesn't work. They will blackball you and report you to whoever they think will listen.
     

Share This Page