.thumbnail.jpg "At the 2010 IBAT Financial Literacy Summit")
BSA/AML, CIP: Matricula Consular Cards as a form of ID?
Printer-friendly VersionQuestion:
May a bank accept matricula consular cards as a form of identification under the BSA Customer Identification Program?
Answer:
Yes. But don't look for a clear answer in the regs! The CIP rules simply permit use of "any other government-issued document evidencing nationality or residence and bearing a photograph or similar safeguard." For more information about the matricula consular cards and their security features, go to http://portal.sre.gob.mx/usa/index.php?option=displaypage&Itemid=84&op=page&SubMenu
The Texas New Alliance Task Force, in which IBAT participates, discussed this thoroughly with attending regulators at a meeting in Austin. Remember that although the cards are permissible ID, you may still want a secondary source of ID if you have reason to doubt the authenticity of the card.
The Texas New Alliance Task Force, in which IBAT participates, discussed this thoroughly with attending regulators at a meeting in Austin. Remember that although the cards are permissible ID, you may still want a secondary source of ID if you have reason to doubt the authenticity of the card.