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.
• 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.
Interagency Guidance on Enhanced Scrutiny.pdfAttendees Only
2020 NRA Webinar Q and A.pdfAttendees Only
Opening Accounts for NRAs Webinar 09032020.pdfAttendees Only
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