What 2 Forms of ID Does a Bank Require?
Ensure smooth bank visits by knowing exactly what identification is needed for account services and compliance. Get prepared.
Banks require identification from customers primarily for security and to comply with financial regulations. This process helps prevent identity theft, fraud, and other illicit activities, safeguarding both the customer and the financial institution. Adhering to regulations like the Bank Secrecy Act (BSA) and its associated Know Your Customer (KYC) rules, banks must verify the identity of individuals opening accounts. These legal requirements ensure a safer and more transparent financial system for everyone. By confirming a customer’s identity, banks can effectively mitigate risks associated with money laundering and terrorist financing.
Primary Forms of Identification
When opening a bank account, a primary form of identification is required to confirm your identity. These documents feature a photograph, a signature, and unique identifying information, making them highly reliable. Common examples include a valid state-issued driver’s license or a state-issued identification card, which are widely accepted due to their government issuance. A U.S. passport or U.S. passport card also serves as a primary identification, recognized globally.
For lawful permanent residents, a Permanent Resident Card, commonly known as a Green Card, is another acceptable primary form of identification. A U.S. Military or Veteran’s ID with a photo is also considered a valid primary document. These forms are preferred because they are government-issued and provide a clear link to the individual.
Secondary Forms of Identification
Secondary identification plays a supporting role, often used to corroborate information from the primary ID or to establish proof of address. These documents typically do not include a photo but provide supplementary details that help confirm identity or residency. A major credit card or a debit card, especially one with a signature, can serve as a secondary form of identification. Utility bills, such as those for electricity, gas, or water, are frequently accepted as proof of current address, provided they are recent, often within the last 60 to 90 days.
Other common secondary documents include a lease agreement, vehicle registration, or an insurance policy that shows your name and current address. A recent bank statement or a W-2 form can also be used if they display the current address. These secondary documents work in conjunction with your primary ID to fulfill the bank’s identification requirements.
Key Requirements for Your IDs
For any identification document to be accepted by a bank, it must meet several general criteria. All IDs must be current and unexpired, as expired documents are not considered valid for identity verification. The documents must be in good condition, legible, and show no signs of tampering. Any damage or alteration could lead to rejection.
The name appearing on all identification documents presented should consistently match. If a secondary ID is used for proof of address, the address on that document should accurately reflect the current residential address provided to the bank. Banks require original documents for verification, and photocopies or digital images are not accepted.
Handling Non-Standard Situations
Customers facing challenges with standard identification can explore alternative options. If an individual has limited traditional IDs, some banks may accept other forms, such as certain foreign passports or consular identification cards, though acceptance can vary by institution.
For individuals undergoing a name change, such as due to marriage or a court order, banks will require supporting documentation. This includes a marriage certificate, divorce decree, or the official court order proving the name change, alongside updated primary identification that reflects the new name. When opening an account for a minor, a parent or legal guardian must be present and provide their own identification, in addition to the minor’s birth certificate, Social Security Number, or student ID. It is always advisable to contact your specific bank in advance to confirm their policies if you anticipate any unique identification circumstances.