Questions around account opening and administration of non-resident alien accounts tend to be some of the most prevalent in our inboxes. The first piece is determining whether your customer is a non-resident alien. Once you’ve confirmed that your customer is a non-resident alien, you must have a sound understanding of the documentation you need to effectively open an account and how those accounts should be monitored on an ongoing basis. From account opening and risk rating to ongoing administration and other NRA BSA issues will walk you through critical considerations, regulatory requirements and supervisory expectations.
If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.