Why is a social security number (SSN) required on a Valero Fleet Services credit application?
A social security number is required by federal law (i.e., USA Patriot Act) to help the government fight the funding of terrorism and money laundering activities. This law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. This means that when you apply for an account with us, we will ask for your name, address, social security number, date of birth and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents. Regardless, we can assure you that this information remains confidential and is shared with NO additional parties.
Related Questions
- When applying for a credit application for gas services, do I need to fill in the credit card information? If I include the credit card information does that mean I won receive a bill?
- If student Social Security Number is not required for application, what about SSN that is required for reporting financial aid to feds?
- Why is a social security number (SSN) required on a Valero Fleet Services credit application?
