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#1956082 - 08/22/14 02:36 PM Non Resident Aliens
Calmeida12 Offline
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Joined: Sep 2012
Posts: 249
What's the proper way to title an account for a non resident alien? For example, let's say an individual has the name of "John Anthony Doe Smith" on his foreign passport. How should the account be titled on the system? Exactly the way it shows up on his passport or can it be titled as: "John A. Smith"? Thank you.

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BSA/AML/CIP/OFAC Forum
#1956363 - 08/22/14 09:20 PM Re: Non Resident Aliens Calmeida12
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,227
Galveston, TX
It depends, if you core system automatically feeds your CTR and SAR filings, you will want it to match the naming configuration required. Other than that, it is up to you as long as you feel your OFC scrubs will properly identify them.

Personally, anything but their true legal name on a core system makes absolutely no sense.
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