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DBA Added to LLC Account-New Patriot Form?

Answered by: 
John Burnett

Question: 
I have an account that was opened by an an LLC. They also are a DBA but that was not added until now. Do I need to do a new Patriot Form with the DBA on there or can I add it to the existing one, since the TIN and everything are the same? From an examiners point of view, should a new one be done or not?
Answer: 

I see no reason to complete a new form. The customer's identity hasn't changed in any way, and if you satisfied yourselves as to that identity when the account was opened, the case is closed.

First published on BankersOnline.com 4/23/12

First published on 04/23/2012

Filed under: 
Compliance
Filed under compliance as: 
DBA
IT
TIN

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