Account verification: Difference between revisions

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{{See also|Bank account}}
 
[[Identity verification service|Identity verification]] is required to establish bank accounts and other financial accounts in many jurisdictions. Verifying identity in the financial sector is often required by regulation such as [[Know Your Customer]] or [[Customer Identification Program]]. Accordingly, bank accounts can be of use as [[corroborating evidence]] when performing account verification.<ref>{{Cite web |last=Tamplin |first=True |title=Bank Account Verification |url=https://www.financestrategists.com/banking/bank-account/bank-account-verification/ |access-date=2023-09-04 |website=financestrategists.com}}</ref>
 
Bank account information can be provided when creating or verifying an account or when making a purchase.