Common use of Important Information about Procedures for Opening and Maintaining your HSA Clause in Contracts

Important Information about Procedures for Opening and Maintaining your HSA. To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial organizations to obtain, verify, and record information that identifies each individual who opens an account. What this means for you, when you open an HSA, you are required to provide your name, residential address, date of birth, and identification number. As part of the ongoing maintenance of your HSA we may require other information or documentation that allows us to identify you. You understand that your HSA may be closed if additional verification is not possible. Upon such closure, funds

Appears in 2 contracts

Sources: Custodial Agreement and Disclosure Statement, Custodial Agreement and Disclosure Statement