Would failure to collect beneficial ownership information at account opening (CDD) or a reason for not needing CDD certification of beneficial ownership be considered a CIP exception?
Can you refer me to the guidance for assessing the BSA risk for coin operated amusement machines operated in convenience stores who happen to be a customer of our community bank?
We are in Oklahoma. Our account owner has died, and her beneficiary is also deceased. Who gets the funds? Will it need to probate? The amount is less the $1000.00 and the family can't afford to see a lawyer.
Is there any regulation or best practice that says the fact that a person is a customer of a particular bank is private information? My local police department is wanting continual access to my exterior cameras to help them fight crime. I am concerned about privacy issues for customers (among other things).
May the Guardian of an account add joint and/or authorized signers to a guardian account without a court order?