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Reply to "EO for banks to require citizenship information?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It's one thing if they wanted to make this rule for opening new accounts - but they want to apply it to existing account holders. Ridiculous. There have to be millions of people out there who don't have passports and whose current name does not match their birth certificate.[/quote] Updating personal information is not that difficult. [/quote] Not that difficult FOR YOU. Some of us have disabled and/or elderly family members who this is actually a burden for. And it’s their money [/quote] Absolutely. My mom is in her late 80s and isn't in great shape, and her bank is the one she's had for decades in Pennsylvania. I'm **hoping** her birth certificate and marriage certificate are in a drawer in her apartment, but I have no idea if it is or not. I know for sure her passport is long expired. And let's pretend I can find all her paperwork (because she's not doing it, I am. In the midst of a full time job and raising children.) Then what? Does she need to present them in person? In Pennsylvania? So now I need to get her there somehow. (Hi, it's me. I'm the somehow.) At that point it's probably easier for us to have her just open a new account here with a national bank instead of a local credit union. Great for Wells Fargo, I guess. Will we be able to just transfer her money even if we haven't "proven" her citizenship? I'm confident we'll figure it out. I'm also confident it will take days of my life to deal with it. For no benefit. Cash under the mattress sounds better and better. F Trump and all his cronies and supporters.[/quote] Why don't you trot down to your local bank or credit yoonyen and ask, FFS! Are you perpetually helpless?[/quote]
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