Certified Regulatory Compliance Manager (CRCM) — Question 230

Which of the following is NOT considered an acceptable form of identification for an individual when completing a CTR?

Answer options

• A. U.S. passport
• B. Long-term deposit account relationship
• C. State-issued photo identification (e.g., driver's license)
• D. Photo identification card issued by a local government agency

Correct answer: B

Explanation

The correct answer is B, as a long-term deposit account relationship does not serve as a form of identification. In contrast, U.S. passports, state-issued photo IDs, and local government-issued photo identification cards are all valid forms of ID for completing a CTR.