Question

A person wants to withdraw funds from a personal banking account. She presents a driver's license to the bank teller, but the teller doesn't believe the driver's license belongs to the customer. Which of the following provides guidance for addressing this situation.

Answer 1

The correct answer is:

The Red Flags Rule

Step-by-step explanation:

In order to avoid this kind of inconveniences The Red Flags Rule, which was created by the federal Trade Commission, establishes that the financial institutions and creditors must have an Identity Theft Prevention Program (ITPP) in order to guarantee their customers financial security.