Business Accounts Beyond Basics: Multi-Tiered, Beneficial Ownership, CIP & CDD

Frontline & New Accounts Lending Operations Bank Secrecy Act (BSA)Deposit Account Compliance

On-Demand Webinar:

StreamedFeb 26, 2025Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

How would you rate your skill at opening business accounts?

Are you adept at setting up and documenting multi-tiered accounts? Are you fluent in CIP, CDD, and EDD? Do you know how to handle escrows, resolutions, agents, and signature cards? This deep dive will go beyond the basics of business accounts to enhance your skills and knowledge.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Complete CIP, CDD, and EDD on complex businesses
Move beyond basics to account setup for escrows, IOLTAs, and agents
Understand how to work with series LLCs – parent and child
Handle deceased accountholders on different ownership types
Use resolutions and signature cards to protect your organization
Update your beneficial ownership information

WEBINAR DETAILS

Join us to learn how to set up and document multi-layered business accounts and learn to complete CIP, CDD, and EDD on multiple-layered accounts. It will cover DBAs, including corporations and LLCs with trade names, as well as individually owned DBAs. You will learn about multi-layered LLCs, including series LLCs. This class will cover resolutions, signature cards, online banking, debit cards, disclosures, and all the tricky issues for businesses in a complex world. Plus, it will provide an update on beneficial ownership status.

WHO SHOULD ATTEND?

This informative session is designed for new accounts representatives, branch staff, branch managers, trainers, lending staff, deposit operations personnel, compliance staff, and BSA professionals.

TAKE-AWAY TOOLKIT

New account handbook
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

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.