Yes. A national bank is required to obtain an identification number for several kinds of transactions: when opening a new account, when making monetary (deposit and loan) transactions such as deposits and loans and when reporting the interest earned on deposit accounts to the IRS. For a U.S. citizen, a taxpayer identification number is defined as the individual’s Social Security number or employer identification number.

No user commented in " Can the bank require me to provide my Social Security number? "

Follow-up comment rss or Leave a Trackback

Leave A Reply

 Username (*required)

 Email Address (*private)

 Website (*optional)