Auditing Your Nonresident Alien Accounts: W-8BEN and 1042S Reporting Webinar

Are your W-8BENs filled out properly? Is your system set to withhold or not withhold as needed on interest-bearing accounts? What countries are involved? Does it help to have a US TIN?

All of these questions will be addressed in our audit worksheet and training. Get your staff in compliance by checking their work.

What You’ll Learn

• Does your staff identify nonresident aliens correctly?
• Do you have Foreign Taxpayer Identification Numbers on interest-bearing accounts?
• If not, are you back up withholding?
• What countries do not issue FTINs?
• Is your W-8BEN filled out correctly?
• Are you tracking expirations?
• Do you have appropriate identification?
• And much more

Who Should Attend
Deposit operations, deposit compliance, branch administration, new accounts, training, personal bankers, and anyone who opens accounts for nonresident aliens will benefit from this session.