Skip to content
BOL Conferences
Thread Options
#1463925 - 11/04/10 05:43 PM Occupation for minor child
SnowRed Offline
Junior Member
Joined: Oct 2010
Posts: 42
East Coast
Grandma deposits cash into multiple granchildren accounts. What is the preferred occupation for the child? Student?
Thanks so much.

Return to Top
BSA/AML/CIP/OFAC Forum
#1463929 - 11/04/10 05:46 PM Re: Occupation for minor child SnowRed
BrendaC Offline
Power Poster
BrendaC
Joined: Sep 2001
Posts: 6,029
Sweet Home AL
How are these accounts established? Are they UTMAs? If so, I would use "N/A" or "Student"
_________________________
Life without Jesus is like an unsharpened pencil - it has no point.

Return to Top
#1463931 - 11/04/10 05:47 PM Re: Occupation for minor child BrendaC
Elwood P. Dowd Offline
10K Club
Elwood P. Dowd
Joined: Aug 2001
Posts: 21,939
Next to Harvey
"Student" should be fine. "Never employed" might also be descriptive.
_________________________
In this world you must be oh so smart or oh so pleasant. Well, for years I was smart. I recommend pleasant.

Return to Top
#1463941 - 11/04/10 05:53 PM Re: Occupation for minor child Elwood P. Dowd
SnowRed Offline
Junior Member
Joined: Oct 2010
Posts: 42
East Coast
Thank you!!! I cannot tell you how important Bankers Threads are to me to help solve problems. I appreciate your time.

Return to Top
#1464006 - 11/04/10 06:30 PM Re: Occupation for minor child SnowRed
Princess Romeo Offline

Power Poster
Princess Romeo
Joined: Jun 2001
Posts: 8,272
Where the heart is
And if the child is too young to be a student, could you try "Infant" or "Toddler"?
_________________________
CRCM,CAMS
Regulations are a poor substitute for ethics.
Just sayin'

Return to Top
#1464026 - 11/04/10 06:45 PM Re: Occupation for minor child Princess Romeo
BrendaC Offline
Power Poster
BrendaC
Joined: Sep 2001
Posts: 6,029
Sweet Home AL
I would probably go with "N/A - Minor"
_________________________
Life without Jesus is like an unsharpened pencil - it has no point.

Return to Top
#1464104 - 11/04/10 07:41 PM Re: Occupation for minor child BrendaC
Snow Bunny Offline
10K Club
Snow Bunny
Joined: Jun 2006
Posts: 14,141
In the Snow :)
We use Minor for those not yet in school, then Student
_________________________
The woods are lovely dark & deep & I have promises to keep & miles to go before I sleep and miles to go before I sleep

Return to Top
#1464459 - 11/05/10 02:34 PM Re: Occupation for minor child Snow Bunny
~*HappyGirl*~ Offline
Junior Member
~*HappyGirl*~
Joined: Jun 2010
Posts: 37
In the sauna...
I use "N/A - Minor Child"
_________________________
Don’t gain the world and lose your soul, wisdom is better than silver or gold. – Bob Marley

Return to Top

Moderator:  Andy_Z