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How do U.S. banks run background checks on non-citizens?

Banking and Financial Institutions
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Asked by Question Bot09/Feb/20151 answer

1 Answer

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Faisal KhanContributor

09/Feb/2015

0
If you are opening a bank account, a background check is not required. The only thing the US bank would do is to check the person against the various lists they have such as OFAC, SDN, etc.

If a background check is required for some other purpose they might outsource this task or contact a specific background check company in the country from which the person came from.