Which two pieces of information must a non-U.S. bank provide to its U.S. correspondent to enable them to comply with this requirement?

The USA PATRIOT Act requires United States (U.S.) financial institutions to collect certain information from non-U.S. banks that hold a correspondent account.

Which two pieces of information must a non-U.S. bank provide to its U.S. correspondent to enable them to comply with this requirement? (Choose two.)
A . The name and address of all shell banks the bank maintains accounts for
B . The name and address of all beneficial owners who own 25% or more of the bank
C . Prompt notice of any suspicious activity it detects on any customer who uses the correspondent account
D . The name and address of a
F . person who is authorized to receive service of legal process for the bank

View Answer

Answer: BD

Explanation:

Reference: https://www.sec.gov/about/offices/ocie/amlsourcetool.htm