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As part of a customer identification program ( CIP ) , every applicant for a covered product must be provided with a Notice to Customer.
As part of a customer identification program CIP every applicant for a covered product must be provided with a Notice to Customer. What is the purpose of the Notice to Customer?
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a to disclose the company's intent to verify the customer's name and personal information
b to provide notice to the customer of SAR rules
c to provide immunity to the producer in the event of future discovery of illegal activity associated with the product sale or transaction
d to disclose whether or not the product under consideration is a "covered product"
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