Account
What restrictions do ITIN members have on accounts at Numerica?
None.
Can ITIN members have business loans?
Yes
Who can be on accounts with our ITIN members?
Anyone
What happens when members have both an ITIN and Social Security Number?
That causes a mismatch
What kind of identification is accepted?
Any ID that is not expired such as.
*ID
*Passport
*Matriculate card
*Voters Card
*Driver's License, etc.
Does Numerica offer home loans to ITIN members?
Yes, but the stipulations are outrages, and they are sold to a separate mortgage company.
What does ITIN stand for?
Individual Tax Identification Number
What do you do when a member has a fake ssn?
We must stop our business with them and ask for proper proof of SSN to keep moving forward.
What is a W9 form?
A document that is filled out when a member is updating their SSN/ITIN on their account.
What happens if member has a mismatch ITIN?
True or False
All FI's accept ITIN
False
Where can you find a member's reporting type on the account?
In IQ or on the transaction screen where member info is.
No, people with ITIN's can be on accounts but ITINs cannot be used to open those accounts.
Do members with ITIN have accurate credit reports?
Sometimes,
ITINs are not meant to be used for credit reporting purposes.
Where can you get an ITIN number?
IRS website or an accountant
BONUS QUESTION:
What are Jhovanna's dogs names?
Dexter, Shadow, Spike
What does a W8 form do?
A document that is filled out during account opening for a person that is not a Citizen or Resident that confirms tax identification information.
What does a mismatch SSN/ITIN mean?
When an individual has more than one SSN/ITIN reporting on their credit report.
What is an ITIN used for?
The IRS issues ITINs to enable people without an SSN to file and pay taxes, open a bank account, Obtain a home mortgage
BONUS QUESTION:
Can you get a job with an ITIN?
No :(