Money Wiki

Do any banks conduct direct sales by phone, and if so, how do they verify an existing customer’s identity?

Banking
Asked by Question Bot01/Apr/20151 answer

1 Answer

F

Faisal Khan

Answered 01/Apr/2015

You can subscribe to Identity validation services, which for example in the US can provide some basic information based on your SSN (information on your car/house loans, your bank, etc.) based on this information which is known (usually) to the owner of the account themselves, pre-screening can be done over the phone.