Opening Business Accounts: Entities, Documentation, Authority & Regulatory

May 08, 2018 03:00pm -
May 08, 2018 04:30pm
(GMT-5)
As we transition to a new online membership platform, CBAO will not be processing online orders from September 21-30. Please call our office at (614) 846.8124 to register for a webinar or an event. Thank you!

A list of upcoming events is presented below:

Event Description

Someone wants to open a business account.  Do you know what type of business it is and the documentation you should request?  How do you determine whether the person has the proper authority to open the account and what that authority means?  What regulatory requirements are applicable to business accounts?  From sole proprietorships to corporations and everything in between, this program will provide details about the correct documents and proper use of taxpayer identification numbers for business accounts. 

Highlights:

  • How will the new beneficial ownership requirements affect the account opening process?
  • What documents should be required from a business before establishing an account?
  • Are there specific account agreements and signature cards for businesses?  How do they differ from natural person accounts?
  • Who has authority to establish an account and where is that information found?
  • When is it important to obtain additional information regarding account use?

Take-Away Toolkit

  • Types of businesses and required documentation
  • BSA red flags for business accounts
  • Certification of beneficial ownership model
  • Business due diligence checklist
  • Employee training log
  • Quiz you can administer to measure staff learning and a separate answer key

 

Attendance verification for CE credits provided upon request.

Who Should Attend?

This informative session is designed for anyone opening new accounts, taking deposits, or handling transactions at the teller line, by mail, ATM, or call center, including: new accounts representatives, service representatives, tellers, compliance staff, and auditors.

Registration Options:

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 02, 2018.
Regular registration starts on Apr 03, 2018 and ends on May 08, 2018.
Late registration starts on May 09, 2018.
(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