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Why does DDTC require full addresses for all parties to the transaction?

April 26, 2017addresses ddtc Parties require transaction

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Why does DDTC require full addresses for all parties to the transaction?

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All parties listed on a license application are checked against DDTC’s internal databases. In order to accurately review and verify the bona fides of the transaction the full address of the party is required. If this information is not available the applicant must explain the situation in a letter of explanation.