Legal Documents and Notes Credit Suisse Global USA Patriot Act Certification
Pursuant to the USA PATRIOT (Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism) Act and final rules issued by the U.S. Department of the Treasury, a U.S. bank or a U.S. broker-dealer in securities (a "Covered Financial Institution") is required to obtain certain information from any "Foreign Bank" that maintains a correspondent account with it.
As permitted by the final rules, CREDIT SUISSE has prepared a Global Certification for use by any financial institution that requires a PATRIOT Act Certification from CREDIT SUISSE or one of its branches or listed subsidiaries. Please use this Certification (PDF) instead of asking CREDIT SUISSE or one of its branches or listed subsidiaries to complete a separate Certification form.
UIGEA and Regulation GG: Prohibition on Funding of Unlawful Internet Gambling
In accordance with the requirements of the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) and Regulation GG (Joint rule of the Federal Reserve Board and US Department of Treasury), this notice is to inform you that restricted transactions are prohibited from being processed through your account or relationship with Credit Suisse. Restricted transactions are transactions in which a person accepts credit, funds, instruments or other proceeds from another person in connection with unlawful internet gambling. As defined in Regulation GG, unlawful Internet gambling means to "place, receive or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the Internet where such bet or wager is unlawful under any applicable Federal or State law in the State or Tribal lands in which the bet or wager is initiated, received or otherwise made." By maintaining an account with our institution, you certify that you do not engage in lawful or unlawful Internet gambling and you agree to notify us if your account is ever used for Internet gambling of any kind, even if you believe the activity to be legal. If you do not, we may terminate your access to various payment methods or close your account.
To comply with Regulation GG, and as required by 12 CFR 233.5, Credit Suisse has established a written policy and procedures for designated payment systems in which Credit Suisse is a non-exempt participant. As part of the due diligence process, we determine the risk that our clients present in engaging in an Internet gambling business. This due diligence will be performed in conjunction with existing account opening processes that are already required with the Bank Secrecy Act (BSA).