BSA: Opening Deposit Accounts for High Risk Customers

Aug 02, 2018 02:30pm -
Aug 02, 2018 04:30pm

Event Description

New Customer Due Diligence exam procedures shift our focus to risk rating all accounts. In the process what are we required to do on higher risk customers. Are you ready for the new exam procedures on risk, baselines and enhanced due diligence? This webinar will focus on how to conduct the new account interview to obtain the nature, purpose and transactional questions to surface our high-risk customers. Who are they and what should you be doing with their info—the BIG questions.

Topics Covered:

  • How to ask nature, purpose and source questions
  • Five big channels of money and how our customers will increase risk with transactions
  • Type and occupation questions
  • Geography questions
  • Risk score your customers
  • Obtain documentation to mitigate risk
  • Nonresident aliens, PEPs, Embassy and Consulate customers
  • Doctors, lawyers and CPAs
  • Cash intensive businesses
  • Third party payment processors
  • Money Service Businesses
  • Third Party Payment Processors

Who Should Attend?

BSA and Support Staff, Compliance, New Accounts, Personal Bankers, Deposit Operations and Training.


If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.

Event Type:Webinar &/or On-Demand Link/CD
Early registration ends on Jul 14, 2018.
Regular registration starts on Jul 15, 2018 and ends on Feb 01, 2019.
Late registration starts on Feb 02, 2019.
(GMT-05:00) Eastern Time (US & Canada)


Registration Fees
Fee TypeEarlyRegularLate
 Live Webinar
Member Fee: $265.00$265.00$290.00
Non-Member Fee: $400.00$400.00$425.00
 Additional Hookups
Member Fee: $175.00$175.00$175.00
Non-Member Fee: $260.00$260.00$260.00
 On Demand Link & "FREE" CD Rom
Member Fee: $345.00$345.00$345.00
Non-Member Fee: $490.00$490.00$490.00
 Both Live & On Demand Link (Includes CD Rom)
Member Fee: $395.00$395.00$420.00
Non-Member Fee: $600.00$600.00$625.00