US Bank now requires cardholder birth date or residential address

Did any one else get notification from US Bank like this:

"As a branch of a foreign bank, U.S. Bank must comply with the United States Bank Secrecy Act and USA PATRIOT Act, as well as with Canada’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act and Criminal Code to support the fight against the funding of terrorism and money laundering activities by providing evidence that we know who we are doing business with, including individual cardholders.

"Beginning December 2, 2017, U.S. Bank will require all clients to enter the employee's full legal name and either date of birth or physical residential address (no PO boxes - if not available physical business address) in account set up requests in Access® Online. Any card request that does not include the minimum requirement will be returned for resolution before the card can be issued. "

I suggested to our account manager that our cardholders will all be registered as residing at Town Hall, and she said no more. They seem to be coming down hard on this.

My response is: Time to find another credit card provider.

Dawn Christenson
Town of View Royal
[email protected]


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