This informative session will be helpful to ensure deposit compliance with e-banking and is targeted for Compliance officers, Risk Managers, Deposit Operations Managers, Business Development Managers, and others responsible for managing online banking, E-SIGN compliance, e-statements, and e-disclosures for deposit accounts.
What You’ll Learn
- Explain and implement the six-step consent process to open “no-contact” accounts
- Understand which deposit regulations are related to E-SIGN and have specific compliance provisions.
- Use the most recent BSA guidance for satisfying the due diligence requirements for CIP (Customer Information Program)
- Define and identify acceptable documents to open accounts and incorporate risk mitigation strategies into the new account process
- Determine if enhanced due diligence steps are required to open the account
Who Should Attend
Compliance officers, Lending and Loan operations, Branch Managers, customer service representatives and others responsible for managing online banking, E-SIGN compliance, e-statements, and e-disclosures.