Bill Introduced To Limit Banking For Non-Citizens

Posted on: March 26th, 2007
Filed Under: [ Business ] [ Hispanic News ]
Tags: ,
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“A bill introduced earlier this month by U.S. Rep. Marsha Blackburn, R-Tenn., would require U.S. financial institutions to accept only U.S.-issued identification or foreign-issued passports, effectively banning the acceptance of Matricula cards. The American Bankers Association issued a statement opposing the bill.

When Bank of America said in February it was issuing credit cards to customers without Social Security numbers, the Charlotte, N.C.-based bank faced a firestorm of criticism, including some from a Minnesota group.”

Source: http://wcco.com
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