Social Security Number
Posted date : Jul 22, 2020.
We opened a bank account in Florida on January 2014, at Wells Fargo, to pay expenses for our Florida home. Wells Fargo closed our account this week, May 2020, without our knowledge, stating that we had not provided our social security number. Is this legal?
Ed.: Legal – Yes; Ethical – No. U.S. banks are not like our Canadian banks and are probably 10 years behind when it comes to computer systems. This is simply a clerical “error” on someone not trained on a Canadian customer’s account. I would call the branch and ask for the manager and explain that you are a Canadian snowbird. They will reinstate your account and probably put in the first eight digits of your Canadian SIN to keep the computer happy.