Opening Accounts for Non-Resident Aliens: BSA Impact

September 3 2020 16:00 - 17:00 UTC

Questions around account opening and administration of non-resident alien accounts tend to be some of the most prevalent in our inboxes. The first step is determining whether your customer is a non-resident alien...which isn’t always the easiest of tasks. Once you have confirmed that your customer is a non-resident alien, you must have a sound understanding of the documentation you need to effectively open the account and monitor it on an ongoing basis. Moreover, your BSA Program must speak to this process.

From account opening and risk rating to ongoing administration and other NRA BSA issues, we will walk you through critical considerations, regulatory requirements and supervisory expectations.

CPE Information:
• Prerequisites: N/A • Advanced Preparations: N/A
• Course Level: Basic • Group Internet Based Training

CBANC Network is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

  • Monitoring
  • Risk
    • Accounts
    • BSA/AML
    • Regulation
RESOURCES
  • Interagency Guidance on Enhanced Scrutiny.pdf
    Attendees Only
  • 2020 NRA Webinar Q and A.pdf
    Attendees Only
  • Opening Accounts for NRAs Webinar 09032020.pdf
    Attendees Only
SPEAKERS
VIDEO REPLAYS

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