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#1990943 - 01/26/15 04:53 PM NFA Weapon Business
Calmeida12 Offline
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Joined: Sep 2012
Posts: 249
What kind of due diligence would you do on a prospect customer that is a NFA weapon dealer? Thank you.

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BSA/AML/CIP/OFAC Forum
#1991036 - 01/26/15 07:35 PM Re: NFA Weapon Business Calmeida12
MagicCity Offline

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MagicCity
Joined: Apr 2003
Posts: 3,003
Fort Lauderdale, Florida
No more or less than any other commerical customer.

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#1991180 - 01/26/15 10:14 PM Re: NFA Weapon Business Calmeida12
Cape Codder Offline
Gold Star
Joined: Jul 2011
Posts: 413
Originally Posted By: Calmeida12
What kind of due diligence would you do on a prospect customer that is a NFA weapon dealer? Thank you.
We would make sure their Federal Firearms License is current.
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#1991229 - 01/27/15 01:09 PM Re: NFA Weapon Business Calmeida12
Elwood P. Dowd Offline
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Elwood P. Dowd
Joined: Aug 2001
Posts: 21,939
Next to Harvey
NFA firearms are a lot more than plinking rifles and revolvers. I would want to develop a full understanding of the customer's business; i.e. retail, wholesale, online, etc...
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