What does this mean for you?

When you open an account, Commonwealth will ask for your name, address, date of birth, and a government-issued identification number, which will allow us to identify you. For certain entities, such as trusts, estates, corporations, partnerships, or other organizations, identifying documentation is also required. We may also ask to see your driver's license or other identifying documents. Commonwealth will not be responsible for any losses or damages (including, but not limited to, lost opportunities) resulting from any failure to provide this information or from any restriction placed upon, or closing of, your account.