Fifth Third Bank

Anti-money laundering

Doing our part to help keep us safe

Fifth Third Bank is committed to complying with all applicable laws and regulations to combat money laundering and any activity that facilitates the funding of terrorism or other criminal enterprises.

Fifth Third Bank USA Patriot Act Certification

Fifth Third Bank has prepared a Global Certification for use by any financial institution that believes it requires a Patriot Act Certification from a Fifth Third Bank entity.

Fifth Third Bank's Global Patriot Act Certification 2018 PDF

Anti Money Laundering Statement

Fifth Third Bank has implemented a Corporate Policy on Anti Money Laundering/Counter Terrorist Financing (AML/CFT) and Economic Sanctions compliance to prevent its businesses from involvement in money laundering and terrorism financing.

Fifth Third's AML Policy Statement 2018 PDF

Wolfsberg Group Questionnaire

The Wolfsberg Group is an association of global banks that seeks to develop financial services industry standards and principles for Know Your Customer, AML, and CFT policies. Fifth Third Bank commits to the Wolfsberg Group principles.

Fifth Third's Wolfsberg Questionnaire 2018 PDF

US Patriot Act Section 311

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued findings that the following jurisdictions, financial institutions and/or classes of international transactions are of primary money laundering concern under Section 311 of the USA Patriot Act.

Message on Section 311 Special Measures PDF

Important Information About Procedures for Opening a New Account

To help fight terrorism funding and money laundering activities, financial institutions are required to obtain, verify, and record information that identifies each individual or entity that opens an account or requests credit.

Individuals: When individuals open an account or request credit, we will ask for their name, residence address, date of birth, tax identification number, and other information that allows us to identify them. We may also ask to see a driver's license, passport, or other identifying documents.

Legal Entities: When a corporation, partnership, trust, or other legal entity opens an account or requests credit, we will ask for the entity's name, physical address, tax identification number, and other information that will allow us to identify the entity. We may also ask to see other identifying documents, such as certified articles of incorporation, partnership agreements, or a trust instrument.
Beneficial Ownership is a new rule from the Financial Crimes Enforcement Network (FinCEN), under the Bank Secrecy Act, which requires all covered financial institutions to collect and verify fromcertain non-exempt legal entities specific information about the beneficial owners of the entity at the time a new account is opened. Please click here to learn more.