Technology-First Banking


Section 326 of the USA Patriot Act requires that financial institutions obtain, verify, and register the identifying information of individuals who open accounts.
The United States government created this law as a measure to prevent terrorism and money laundering.
New customer onboarding procedures are designed to verify beneficial ownership, the current legal standing of the entity and proper licensing.
When you request account opening:

  • We will require your name, physical or mailing address, date of birth, ID number, and any other information that allows us to identify you with certainty.
  • We will also require that you show your driver's license or any other valid photo identification issued by the government.
  • When you request an account, you provide your consent to JIC Bank International Inc. to obtain personal information, verify references, and to use any database to validate your identity.
  • This information, or additional information, could also be requested when JIC Bank International, Inc.
is unable to form a reasonable belief that it knows the true identity of the existing customer or when conducting certain transactions. In all cases, protection of our customer's identity and confidentiality is our pledge to you.

Customer Identification Program (CIP) Notice Opening a new account:
JIC Bank International Inc. is an international financial entity established under the United States Puerto Rican International Financial Entity Act (Act No. 273/2012).
The IFE is governed by the laws and regulations of the US federal banking industry and must comply with all federal regulatory requirements applicable to the US banking industry: CIP, AML, BSA, and Patriot Act. In compliance with rules and regulation the IFE must help the government fight the funding of terrorism and money laundering activities, Federal Law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: When you open an account,

  • we will ask you for your name, address, date of birth, and other information that will allow us to identify you.
  • We may also ask to see your ID license, Passport, Proof of address, proof of income bank reference letter and/or any other documents.
  • When you open an account in the fill in information, please according to the real individual/company/account-type/assets/wealth, and so on and so forth and selection, fill in, the current situation, including but not limited to, personal information, working professional status, salary income, assets wealth status, the main purpose of opening an account, month out details forecast, is expected to commonly used money and the payee, etc.,

avoid by all means is false statement or omission, bear in mind that exaggeration or false targets, open a bank account in the review process may need to provide according to you all kinds of information, ask for the corresponding supporting documents, please carefully fill in. Thank you again for choosing to join us.