Get Your Birth Certificates Or Passport Out

Because under new regulation you will need it to open a bank account!!!! As the xenophobic Trump adminstration is sticking a citizenship requirement on your banking.

Is Citizenship Becoming The New Banking Requirement?

Forbes

ByVirginia La Torre Jeker, J.D.,

Apr 16, 2026,

A driver’s license and a utility bill have long been enough to open a bank account in the United States. That may not remain the case for much longer. There are growing indications that financial regulators are exploring whether citizenship or nationality should become part of the standard banking verification processes.

While no formal rule or guidance currently mandates such verification, Treasury Secretary Scott Bessent indicated on April 15, speaking at the Invest in America Forum that an executive order requiring U.S. banks to verify the citizenship or nationality of account holders is currently in process. He noted that the measure is intended to align financial oversight with immigration enforcement and national security objectives.

I have to ask why? We already need a Social Security number... why a passport or birth certificate?

According to the U.S. Department of State, there were approximately 183 million valid U.S. passports in circulation in fiscal year 2025. In a country of more than 330 million people, this means a substantial portion of the population does not hold what is often the most readily accepted documentary evidence of U.S. citizenship in financial onboarding contexts. This creates what might be described as a “passport gap.”

What happens to existing bank accounts? Will they be closed? 

The Street wrote that,

Banks already carry the weight of extensive anti-money laundering and fraud detection obligations. Adding citizenship verification creates a new category of data with its own legal, privacy, and reputational dimensions. Institutions could find themselves caught between government mandates and customer backlash, particularly if the rule applies broadly to existing account holders.

[...]

The question of whether the executive order arrives narrowly targeted or broadly written will determine how disruptive this becomes. Either way, Bessent’s message to the banking sector was unambiguous: be ready.

And why does it have to be valid passport? Does your citizenship expire with your passport?

This is all about one thing... Trump & Company hatred of immigrants! There is no need to prove you are a citizen because non-citizens can open bank accounts all you need is a TIN. There is no federal law requiring you to be a citizen to bank!