Business Accounts: CIP and Beneficial Ownership Webinar
Learn how to open multi-tiered business accounts. Complex business structures with multiple business entities owners present unique challenges considering new Customer Due Diligence (CDD) rules. We will diagram and map out several complicated business structures and learn how to get the proper documentation, resolutions and beneficial ownership in these unique entities.
Webinar Description and Intended Audience
During this program we will cover all the business types of ownership. Then we will ramp it up to look at more complex business entities.
Learn how to open multi-tiered business accounts. Complex business structures with multiple business entities owners present unique challenges considering new Customer Due Diligence (CDD) rules. We will diagram and map out several complicated business structures and learn how to get the proper documentation, resolutions and beneficial ownership in these unique entities. All attendees will receive a Business Accounts Handbook and an excel calculator.
- New Frequently Asked Questions on Beneficial Ownership and Multi-tiers
- Taxpayer Identification Numbers, exemption codes, account styling
- Understanding business structures
- Learn how to stack paperwork on complicated business structures
- Learn how to use resolution and signature cards
- Review multiple case studies in how to calculate and document these structures
- Learn how to handle a trust as owner of a business
- And much more
Who Should Attend?
All customer service representatives, personal bankers, Branch Managers, BSA Officers, Deposit Operations, Compliance and Training
Webinar Viewing Options
INCLUDES 7 DAYS OF UNLIMITED ONDEMAND PLAYBACK! With this option, you will participate in the webinar live, via the internet. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. You can type and send your questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate at the same time. And don’t worry if you miss the webinar, you can still view it for up to seven days after it takes place!
SIX MONTH ONDEMAND VIDEO:
With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it a very effective training tool. The OnDemand Video will be available to you (and anyone else in the company) for six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.
If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of any applicable handouts and a CD-ROM (featuring the full-color PowerPoint presentation with audio) via regular mail. Mailed 7 to 10 days after the webinar takes place.
Webinars can be scheduled and offered exclusively for your company. They can even be customized to best fit your needs. To find out more, please complete the in-house request form found in the Schedule and Registration Information section below.
Continuing Education (CE) Credits
This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.