Opening Nonresident Alien Accounts
On-Demand Webinar
StreamedDec 11, 2024Duration90 minutes
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
How proficient are you at opening nonresident alien accounts?
Do you know the difference
between interest- and non-interest-bearing accounts? What kind of due diligence
and forms are required? What about identification documentation? Replete with
tools and expert guidance, this timeless topic will build and refresh your
confidence in dealing with nonresident alien accounts.
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- Acquire BSA CIP documents
- Complete W-8BENs accurately
- Report interest on Form 1042-S
- Ask due diligence and enhanced due diligence questions
- Risk rate your accountholder
- Audit your accounts
WEBINAR DETAILS
Learn to open accounts that are both interest- and
non-interest-bearing for nonresident aliens. This webinar will cover the full
cycle from account onboarding to compliance with BSA to interest reporting in
the back of the house.
This comprehensive session on nonresident alien accounts
will start with definitions and types of identification and finish with an
audit worksheet so your auditors can check your work. You will learn what has
to be completed on W-8BENs and how to keep them from expiring. This difficult
topic will come to life, with tools to assist you throughout the process.
WHO SHOULD ATTEND?
This informative session will
benefit branch staff and those involved with BSA, compliance, deposit
operations, training, and new accounts.
TAKE-AWAY TOOLKIT
- Audit worksheet
- New account interview
- Withholding handbook
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your institution is prohibited. Print materials may be copied for eligible
participants only.
Presented By
Gettechnical Inc.
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