Isn't it is a violation of the "Privacy Act" for a bank to require a social security number from me as a condition of doing business? Don't they need to have a "Privacy Act Release Statement," signed by me, on file? This is backed up by the Social Security Administration.
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SSA rules actually say it's illegal to require a social security number in the absence of a regulation or legitimate use. There is clearly not only a regulation but also a law -- IRS and Bank Secrecy Act rules, plus the USA PATRIOT Act. If you are attempting to open an account, you must provide the financial institution with your social security number.
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