Telephone – Webcast – Audio/Visual CD Rom
12:00 – 1:30 PM Pacific Time 2:00 – 3:30 PM Central Time
1:00 – 2:30 PM Mountain Time 3:00 – 4:30 PM Eastern Time
Your Bank Secrecy Act examination this year will probably delve deeper into areas that are considered high risk. Examiners will be closely reviewing how you handle high risk customers and products. The nonresident alien (NRA) market presents challenges to banks who decide to serve this customer base. In this seminar, we will look at how to tailor your Customer Identification Program (CIP) and your Customer Due Diligence Program (CDD) to enable your bank to work with this unique market. We will exam types of identification such as Matricular Cards, Employment Authorization Cards and the myriad of cultural challenges. You will also receive sample New Account Interview questionnaires and potential additions to your BSA policy and procedures. In this program, we will scrutinize risk and risk mitigation for one of your high risk customer segments.
HIGHLIGHTS
Ø What is a nonresident alien?
Ø What are the risk factors in banking a nonresident alien?
Ø How can you mitigate the risk?
Ø How you can tailor your CIP and CDD program to accommodate the nonresident alien market
Ø Tracking and reporting customer activity on SARs
Ø ITINs and W-8Ben issues
Ø Adapting your BSA policy and procedures for nonresident aliens
WHY SHOULD YOU PARTICIPATE?
This session is a cost-effective way to look at your New Account procedures and monitoring of suspicious activity for non resident aliens. You may train as many individuals as you like for one set price. There will be no travel costs, time lost from work and no one will be required to leave the institution.
WHO SHOULD ATTEND?
This informative session would best suit BSA Officers, BSA Coordinators, Branch Administration, Compliance Officers, New Account Representatives, Branch Managers, Customer Service Representatives, and Bookkeeping
ABOUT THE PRESENTER – Deborah Crawford
Deborah is president of gettechnical, inc. She specializes in the education of financial institution employees and officers in the area of deposit account laws, new account documentation, complex compliance regulations and IRAs. She began her banking career with Hibernia National Bank, and holds both a bachelor’s and master’s degree from Louisiana State University.
This training method allows unlimited listeners on your office speaker phone. By choosing the webcast option, participants will also be able to view online visuals as the presentation is delivered. Registrants receive a toll-free number and pass code that will allow entrance to the seminar. The session will be one hour and fifteen minutes in length with an additional fifteen minutes for questions and answers. Seminar materials will be sent prior to the broadcast along with hook up instructions. Your pin number, hookup instructions and handouts can be emailed to you or sent U.S. Mail. If you would like them emailed you will need the most current version of Adobe Acrobat Reader available free at www.adobe.com.
The CD Rom is complete with the audio track and visual presentation from the original webcast, question & answer sessions, plus participant handouts. You will also have the ability to contact the presenter with follow-up questions. With this CD, you will have an “off-the-shelf” training program for your review, for use by those who were not able to attend the live seminar or for future training purposes. Affordable, professional training, when and where you choose!
*CD Rom for PC use only