"Please ensure this information is accurate. We're
required to verify this information against public
records. But don't worry, we'll keep it private."
I suppose I'm legally opening a bank account, which has similar requested info as this, but are they checking my credit (probably not, I know, but it makes me uncomfortable)? Will wait a while.
You're right the language here should be better. FWIW, you're not opening a bank account and we aren't pulling a credit check (per our FAQ). We cross check the information as part of our AML / KYC policy.
Not bank account, prepaid card account; which carries almost the same legal requirements of opening a bank account. Prepaid program managers are not required to credit check to establish the account.
"Please ensure this information is accurate. We're required to verify this information against public records. But don't worry, we'll keep it private."
I suppose I'm legally opening a bank account, which has similar requested info as this, but are they checking my credit (probably not, I know, but it makes me uncomfortable)? Will wait a while.