
Go To Form... Print Form Individual Identification Information Record Form 630 for use in the Province of Ontario NOTE: An Individual Identification Information Record is required by the Proceeds.
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How to fill out the Individual Identification Information Record online
Completing the Individual Identification Information Record is essential for compliance with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. This guide provides you with professional and clear instructions to help you fill out the form effectively online.
Follow the steps to successfully complete the form.
- Click ‘Get Form’ button to obtain the form and open it for editing.
- Start by entering the transaction property address, ensuring the information accurately reflects the location of the real estate involved.
- Fill in the sales representative or broker's name who is handling the transaction. This is crucial for identifying the responsible party.
- Include the date on which the form is being filled out. This helps in tracking the transaction timeline.
- In section A (Verification of Individual), provide the full legal name of the individual. Make sure this name matches the identification provided.
- Record the individual’s address, ensuring it is complete and current.
- Enter the individual’s date of birth. This information is essential for identity verification.
- Indicate the nature of the principal business or occupation of the individual. This can provide context for the transaction.
- Select the type of identification document by referring to the acceptable document list. Make sure to view the original document.
- Input the document identifier number. This number is crucial for tracking the identification used.
- Specify the issuing jurisdiction of the identification document. It should be from a recognized provincial, territorial, or federal authority.
- Enter the document expiry date. Ensure that this document is valid and not expired.
- If applicable, proceed to section B (Verification of Third Parties) if the client or unrepresented individual is acting on behalf of a third party.
- Fill out the required fields in section B, including the name and address of the third party and any relevant details.
- Once all sections are completed, save your changes. You have the option to download, print, or share the form as needed.
Complete your documentation online today to ensure compliance and facilitate seamless transactions.
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Get answers to your most pressing questions about US Legal Forms API.
How do I verify my identity on FINTRAC?
You can use any of the 5 methods described below to identify a person: 2.1 Government-issued photo identification method. 2.2 Credit file method. 2.3 Dual-process method. 2.4 Affiliate or member method. 2.5 Reliance method.
What information is required for FINTRAC?
You are required to complete reports about certain transactions and property and submit them to FINTRAC. Financial transaction reports are critical to FINTRAC's ability to develop and disseminate financial intelligence.
What are the requirements for Fintrac identification?
An authentic, valid and current identity document issued by a federal, provincial, or territorial government (or an equivalent foreign government document). The data requirements are: Full name. Unique identifying number.
What documents can be used to verify identity?
Acceptable Documents for Identity Verification State identification (ID) card. Driver license. US passport or passport card. US military card (front and back) Military dependent's ID card (front and back) Permanent Resident Card. Certificate of Citizenship. Certificate of Naturalization.
What is credit file method?
To use the credit file method, you must conduct the search at the time you are verifying the person's identity. A person cannot provide you with a copy of their credit file, nor can a previously obtained credit file be used.
What are FINTRAC regulations?
This regulations prescribes: the entities that are subject to Part I of the PCMLTFA; the information that must be in a suspicious transaction report and a terrorist property report; the time limits and the format of the reports; and. the "designated information" which FINTRAC can disclose.
What is a Fintrac ID?
FINTRAC legislation requires Canadian real estate professionals to fill out a Client Identification form for every client with whom they conduct any kind of financial transaction, no matter the amount. This form contains your full legal name, address, occupation and date of birth.
What is the timeframe for verifying a client's identity when opening a new account?
You must also verify the identity of every corporation and entity other than a corporation for which you open an account, within 30 days after the day on which the account is opened.
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