How to Change SSN in Bank of America

How to Change SSN in Bank of America

As a Bank of America account holder, you may need to change your Social Security Number (SSN) for various reasons such as identity theft, marriage, divorce, or adoption. Changing your SSN in Bank of America is a simple process, but it requires proper documentation and verification. In this article, we will guide you through the step-by-step process of changing your SSN in Bank of America.

Step 1: Gather Required Documentation

The first step in changing your SSN in Bank of America is to gather the necessary documentation. You will need to provide a government-issued photo ID, such as a driver's license or passport, to verify your identity. Additionally, you will need to provide documentation that verifies your new SSN, such as a Social Security card or a letter from the Social Security Administration.

Step 2: Visit a Bank of America Branch

The next step is to visit a Bank of America branch in person. You will need to bring the required documentation with you to the branch. Once there, you will need to speak with a representative and inform them that you need to change your SSN. The representative will guide you through the process and help you with any questions you may have.

Step 3: Complete the Change of SSN Form

After you have spoken with a Bank of America representative, you will need to complete the Change of SSN form. This form will ask for your current SSN, new SSN, and other personal information. You will need to sign the form and provide any additional documentation that is requested.

Step 4: Wait for Confirmation

Once you have completed the Change of SSN form and provided all necessary documentation, you will need to wait for confirmation. Bank of America will verify your new SSN and update your account accordingly. This process may take a few days to complete, so be patient.

Tips for Changing Your SSN in Bank of America

- Make sure to bring all required documentation with you to the bank.

- If you are changing your SSN due to identity theft, report the theft to the Federal Trade Commission (FTC) and get a copy of the Identity Theft Report.

- Notify all other financial institutions and government agencies of your new SSN.

- Keep a record of your new SSN in a safe place.

Investment Considerations when Changing Your SSN

Changing your SSN can have implications for your investment accounts. If you have any investment accounts with Bank of America or other financial institutions, you will need to update your SSN with them as well. Additionally, if you have a brokerage account, you may need to sell your existing investments and repurchase them under your new SSN. It is important to consult with a financial advisor before making any changes to your investment accounts.

Conclusion

Changing your SSN in Bank of America is a straightforward process that requires proper documentation and verification. If you need to change your SSN, make sure to gather all required documentation and visit a Bank of America branch in person. Once you have completed the necessary steps, Bank of America will update your account with your new SSN. Remember to notify all other financial institutions and government agencies of your new SSN and consult with a financial advisor if you have any investment accounts.