A Social Security number (SSN) is a 9-digit number that the US government issues to all US citizens and eligible residents who apply for one.
To help the government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act, a Federal Law, requires all financial institutions to obtain, verify, and record information identifying each person who opens an account, including business accounts.
It’s for this reason that we ask our US customers to enter their SSN as part of the sign-up process.
Rest assured, we keep your information safe and secure - in accordance with the highest personal data protection standards - which you can read more about in our Privacy Policy here.