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Bank Secrecy Act (BSA): Federal law requiring financial institutions to assist government agencies in detecting and preventing money laundering, including maintaining accurate customer information

USA PATRIOT Act: Requires banks to verify customer identity and maintain accurate records of customer information for security purposes

Federal Reserve Board Regulation CC: Governs check processing and fund availability, requiring accurate customer address information for banking communications

Gramm-Leach-Bliley Act (GLBA): Federal law that requires financial institutions to explain their information-sharing practices and protect sensitive customer data

Fair Credit Reporting Act (FCRA): Regulates the collection, dissemination, and use of consumer credit information, including address changes

State Banking Regulations: Individual state-specific requirements for banking operations and customer information management

State Privacy Laws: State-specific privacy regulations that may impose additional requirements beyond federal standards

Identity Theft and Assumption Deterrence Act: Federal law that makes identity theft a federal crime and protects consumers from unauthorized address changes

Fair and Accurate Credit Transactions Act (FACTA): Amendment to FCRA that provides additional identity theft protections and requirements for address changes

Required Letter Components: Essential elements including account holder identification, account numbers, old address, new address, proof of identity, effective date, and contact information