08/19/2018
Do new beneficial ownership rules affect CTRs?
08/12/2018
Our CEO’s email was recently hacked and was sent fictitious wiring instructions. What do we do?
07/15/2018
The majority of our IRA customers have their spouse listed as beneficiary. When an IRA holder passed away, we would change the title to the "Spouse as Beneficiary of the deceased IRA" and their SS# if they chose to not treat as their own. We had two IRA holders (in RMD) pass away this year and had multiple children listed as beneficiary. We set up separate accounts for each child as "Beneficiary of the fathers IRA" and transferred the funds to them. This was done "in-house" with transcodes to just transfer
the funds to the separate accounts (no paper work other than the entries). What is the proper way to handle the transferring of accounts like this? Should we have completed new account paperwork for a new IRA account? For CIP purpose?
06/03/2018
On legal entity accounts do we have to get the beneficial ownership certification on intermediaries?
05/27/2018
If I have a US person and a nonresident alien on an account, which can I use for tax reporting?
05/27/2018
Wrapping my head around NGO and Charities and the Beneficial Owners. The Non for profit Business. Like an Electrical Company (which is listed on the guidestar site) and on the NAICS as a utility. Would need to fill out both forms? But, with the electrical company having so many members that the 25% would not apply?
05/20/2018
My customer wants to open a personal account to run a small business, is this acceptable?
05/20/2018
What is a BEC? What is a BEA? Is it a Cybercrime?
05/13/2018
Will a bank ever use field “Shared Branching”?
05/06/2018
When does the new SAR go into effect?