USA Patriot Act

Help Us Prevent Identity Fraud...

The USA PATRIOT ACT has paved the way for financial institutions 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. An account includes: investments, safe deposit boxes, loans, and deposit accounts.

Procedures For Opening A New Account With The State Bank Of Ceylon

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 us to verify your identify. We will also ask to see your driver's license or other identifying documents. In some cases, identification will be requested for those banking with us prior to October 1, 2003 because original documentation was not obtained with the opening of the account. In all cases, protection of our customer’s identity and confidentiality is the Bank’s pledge to you.

The identity information is not being obtained for credit decision purposes.

12/2019