May 23, 2024
Offering business accounts is a great way to grow assets and serve the community. Although they are a little more cumbersome to open than consumer accounts, it’s usually well worth the effort.
This webinar will systematically go through establishing accounts for sole proprietorships, partnerships, limited liability companies, corporations, and associations. It will include the documentation associated with each type of entity, the beneficial ownership and due diligence requirements, and IRS taxpayer identification number particulars.
From there it will cover changes to authorized signers, changes in the form of a business (e.g., sole proprietorship to partnership), and related regulatory items. Whether you’re new to business accounts or have handled them before, this webinar will have something for everyone.
May 23, 2024
Webinar begins - 11:00 AM EST
Business documentation checklists
New business account questionnaire for CDD
List of business account red flags for fraud and money laundering
Links for internet resources
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits
Use the internet to determine whether a business is properly registered
Define who needs a separate tax ID number for their business or organization account
Explain the difference between owners and authorized signers
Determine who has authority to change signers on an account
Distinguish between various business ownership types and the respective paperwork
Mary-Lou Heighes
COMPLIANCE PLUS, INC.
This informative session is designed for staff responsible for opening and maintaining business or entity accounts, including branch managers, auditors, compliance staff, new accounts personnel, business development representatives, and relationship managers responsible for recruiting new business and organizational accounts or maintaining those relationships.
Live : $510.00
OnDemand: $510.00
Live + OnDemand: $750.00