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Alert! Foreign Remittance Fees- New Proposed Rules Webinar

June 23, 2026 • 1:30 pm - 2:30 pm
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The IRS issued proposed regulations for collecting the 1% fee on foreign remittances and eliminated the 500+ rule, under Regulation E so all size financial institutions are in if allowing customers to pay by paper checks, cash and monetary instruments. You are required to begin this in 2026. Learn what you have to do and when you have to pay the federal government.

What You’ll Learn
  • Form for paying the 1% fee
  • Break down of the new regulation
  • Connect Regulation E to the IRS rule
  • Learn what is a foreign remittance?
  • Understand who is a service provider?
  • Receive sample procedures and policy change
  • Review Regulation E on foreign remittances
Who Should Attend

Compliance, Deposit Operations, Training, Management and remittance department

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