Growing Your CDD Questionnaire for Onboarding Business Accounts Webinar
It’s all about the questions and answers you ask that will determine if you can bank a business. This program is designed to help you script out those business questions that will keep you in compliance and help you find a risk profile for a customer you can live with (see complete description below).
Click Here for Webinar Description and Audience
It’s all about the questions and answers you ask that will determine if you can bank a business. This program is designed to help you script out those business questions that will keep you in compliance and help you find a risk profile for a customer you can live with. We have been encouraged not to de-risk entire customer groups but instead to look at the customer itself and then determine if we have the resources to monitor these accounts. New proposed rules will regulate that we ask transactional questions related to the source of funds and purpose of the account. How to do that in a customer friendly way is now the question. You will learn how to build a fluid script that makes sense for your business customer and how to find the level of risk your institution can tolerate.
What You Will Learn:
•What is the difference between source of funds and source of wealth?
•Questions you might ask about money service businesses
•Questions you might ask about marijuana related businesses
•Questions you might ask about transactions
•Questions you might ask about gambling and privately held ATMs
•What does it mean to know your customer’s customer (KYCC)?
•How to live in the risk without cutting off services for entire customer groups
•Scripting out more in depth questions for high risk customers
•And much more
Who Should Attend?
BSA, Compliance, Sales and Marketing, New Accounts, Deposit Operations and Branch Administration.
Click Here for Continuing Education Credits (CEC) Info
This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.
Click Here for Viewing Option Descriptions
INCLUDES 7 DAYS OF ONDEMAND PLAYBACK! With this option, you will participate in the webinar (via the internet) as it is being presented. 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 RECORDING:
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 an effective training tool. The weblink will be available to you (and anyone else in the company) for up to 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.
CD-ROM VIDEO RECORDING:
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 the PowerPoint slides and a CD-ROM Recording (featuring PowerPoint presentation with audio) of the webinar 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.