Account Documentation Series: Nonresident Alien Accounts: Opening, Tax ID Numbers, IRS Issues...*

May 23, 2017 03:00pm -
May 23, 2017 04:30pm

Event Description

Examiners consider nonresident alien (NRA) accounts to be high risk.  Staff members are expected to be confident when identifying, documenting, and managing related procedures.  This webinar will take the guesswork out of NRA accounts.  It will include effective identification steps, how to conduct enhanced due diligence at account opening, and monitoring compliance, as well as important insight into proper tax reporting of NRA accounts and relevant hot topics.  Join us for this comprehensive look at sound practices and related hot topics to ensure clarity in NRA account administration.


  • How to differentiate between resident and nonresident aliens
  • Insight into account opening and documentation
  • BSA exam manual requirements for enhanced due diligence processes
  • Monitoring processes to incorporate into suspicious activity monitoring procedures
  • How to incorporate NRA account activity into your BSA/AML risk assessment
  • IRS reporting for NRAs


    • Reference guide illustrating the differences between resident and nonresident aliens
    • Account opening and due diligence documentation
    • IRS reporting reference guide
    • Employee training log
    • Quiz you can administer to measure staff learning and a separate answer key

Attendance verification for CE credits provided upon request.


This informative session is best suited for compliance officers, BSA officers, branch managers, new account representatives, and those who prepare tax documents for your institution.


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 Apr 17, 2017.
Regular registration starts on Apr 18, 2017 and ends on May 23, 2017.
Late registration starts on May 24, 2017.
(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
 Recorded Webinar + Free Digital Download
Member Fee: $345.00$345.00$345.00
Non-Member Fee: $490.00$490.00$490.00
 Both Live Webinar and Recorded Webinar + Free Digital Download
Member Fee: $395.00$395.00$420.00
Non-Member Fee: $600.00$600.00$625.00