Opening Deposit Accounts Online – Includes New CDD Rule
Online account opening requires the complete compliance documentation that any deposit account opened face-to-face requires.
This session will walk you through the process, including action steps for compliance for all types of accounts and the new CDD rules.
This webinar will cover all the compliance issues for opening deposit accounts online. This includes Customer Identification Program (CIP), Federal Regulations, Signature Cards, Signatures and new Customer Due Diligence (CDD) rules. Action steps required on your internet website to comply with new account opening procedures on all types of deposit accounts will also be discussed.
- Customer Identification Program
- New Customer Due Diligence rules
- IRS withholding rules and W-9 and W-8BEN issues
- Documentary and nondocumentary procedures
- Special accounts like IRAs and HSAs
- Disclosures, state laws and signature card issues
- Ownership of funds
Deposit operations, branch administration, training, operations, compliance and BSA officers.
Deborah Crawford is the President of Gettechnical Inc, a firm, specializing in the education of financial institutions across the nation. Her 27+ years of experience began at Hibernia National Bank in New Orleans. Debbie specializes in the education of financial institution employees and officers in the area of deposit account laws, new account documentation, insurance, compliance regulations and IRAs.
Institute of Certified Bankers: Visit http://www.icbmembers.org/login.aspx for instructions regarding self-reporting. Estimated credits: 2 hours/session
Member price: $275.00 | Non member price $550.00
Member price: $295.00 | Non member price $590.00
Online: Visit the CBA Webinar Catalog
Phone: Call ConferenceEdge at (877) 988-7526 (credit card payments only)
- Preferred Payment Method: Online
- Please register online or by phone when paying with a credit card
- Payment Must Accompany Registration – Invoices are Not Provided
Register online up to day of event. Earlier registration allows time to check your computer for an optimal experience.