Remember the common components of a check
Handle account holders who present counterfeit items
Distinguish between recover rights on alterations, fraudulent items, and forged endorsements
Use Regulation CC Holds and other tools to prevent loss
Identify check washing, cash back scams, fraudulent items, check kiting, and other types of check fraud
Listen to what your account holder is saying to determine if check is legitimate
What boxes need to be completed on the 1099-R IRA distribution reporting?What is the definition of a “Recipient” for reporting purposes?
What alphabetical and/or numerical codes are used in box 7 of the 1099-R for each type of withdrawal?
How do we report IRA owner and beneficiary names on the 5498?
What types of contributions report in which box?
How do we report repayments, postponed contributions, and late rollovers?
Can the 5498 be used as the annual RMD notice to customer in required distribution?
How can we minimize incorrect reporting by accessing reports before submission to the IRS?
What are the steps for correcting a bank reporting error?
Proposed AML/CFT Program ChangesBeneficial Ownership Update
SAR Decision-Making
Writing a Good SAR Narrative
Customer Identification Program and Customer Due Diligence
High-Risk Customers and the Questionnaire
314a and 314b
Record Keeping – funds transfers and monetary instruments
Review federal laws we have to cover in the opening of accountsLearn the different ownership types that we should set up sample signature cards and screenshots for
You will receive a checklist for documents for every type of business and nonprofit accounts
How to set up a manual like this if you are in more than one state
What questions should we ask and research for state law purposes
You will receive a template to start the hard work and lots of guidance to help you in the process
Documents required upon the death of an individual
Actions to be taken on deposit accounts owned by the decedent
How to deal with the decedent’s estate or lack thereof
How to handle death as a default on a loan
Mortgage servicing rules that impact consumer mortgage loans after death
What to know about doing business with the borrower’s estate
6-Step Account Opening ProcessTIN Compliance
Personal Account Ownership Overview
Personal/Consumer Account Difficult Scenarios
Opening Accounts for Minors – UTMA
Who Can Access An Account During Lifetime And At Death
Business Account DocumentationResolutions – Purpose and Proper Completion
Business Taxation Options and Why We Have To Care
Sole Proprietorships
General, Limited, Limited Liability, and Limited Liability Limited Partnerships
Limited Liability Company and Series LLC
Determining LLC Business and Tax Classification
Profit and Non-Profit Corporations
Understanding Sub-Chapter S Corporations (S-Corps)
Non-Profit Associations, Social Clubs, and Charitable Organizations
Defining Trustee, Personal Representative, and Fiduciary Roles and ResponsibilitiesTIN Compliance for Trust, Minor and Fiduciary Accounts
Proper Account Titling
Formal vs. Informal Trust Comparison
Key Questions to Ask When Setting Up Trust Accounts
Six Pieces of Required Information For all Trust Accounts
Revocable vs. Irrevocable Trust Accounts
Payable on Death (POD)
As Trustee For, In Trust For, Totten Trusts
Minor Accounts
This session is ideal for new accounts staff, branch managers, compliance officers, and anyone that uses safe deposit boxes.
This session is ideal for employees from financial institutions who are involved in CECL processes. ARCSys Technologies, LLC DBA assures that the program content and program level for this course are appropriate for the intended participants.
This informative session is ideal for branch managers, new accounts personnel, and compliance officers.
This session is ideal for financial institution employees involved with opening new accounts, deposit or loan documentation staff, and operations personnel.
This session is ideal for BSA officers, compliance officers, security officers, marketing, training, branch administration, and new accounts.
This session is ideal for financial institution employees involved with opening new accounts, deposit or loan documentation staff, and operations personnel.
This session is ideal for financial institution legal counsel, managers, supervisors, notaries, and potential new notaries.
This session is ideal for BSA officers, compliance officers, security officers, marketing, training, branch administration, and new accounts.
This interactive session is ideal for CSRs, tellers, operations department reps, call center employees, and anyone who determines who the beneficiaries are for payout options.
This session is ideal for supervisors, branch managers, department heads, and anyone else who wants to build better relationships with all generations.