This includes Customer Identification Program (CIP), Federal Regulations, Signature Cards, Signatures and new Customer Due Diligence (CDD) rules. During the program we will discuss the action steps required on your internet website to comply with new account opening procedures on all types of deposit accounts.
Covered Topics
- Customer Identification Program
- Customer Due Diligence Rules
- IRS withholding rules and W-9 and W-8BEN issues
- Documentary and nondocumentary procedures
- Customer Due Diligence Rules
- Esign
- Special accounts like IRAs and HSAs
- Disclosures, state laws and signature card issues
- Ownership of funds
Who Should Attend?
Deposit Operations, Branch Administration, Training, Operations, Compliance and BSA Officers.