FinCEN regulations require any and all new financial account applications to include additional information about the people who own and operate the business. These mandates are required by the U.S. Government.
Businesses/Entities need to provide a Social Security number, date of birth and contact information for people who meet the following criteria:
An Officer is always required. If no individual owns 25% or more of the business/entity the Officer can be the only Individual that is required to provide this information.