Bank seeks identity proof

PUBLISHED : Wednesday, 03 July, 2002, 12:00am
UPDATED : Wednesday, 03 July, 2002, 12:00am

People opening an account with Standard Chartered Bank are now required to produce proof of address as an added security measure. Since yesterday, potential customers must produce documents such as utility bills, rates bills, bank statements or tax returns. Director Peter Wong Tung-shun said there was increasing use of fake identities, and tightening control of identity verification would help combat money laundering activities and protect the interests of customers.