Would we still have to ask purpose, source and transactional questions?
Won’t it be easier to forge business documents when we are not personally with the customer?
Can we keep an overdrawn account open longer than 60 days if the customer is struggling to cover the overdraft due to COVID-19?
How can we determine if our service is making or losing money?
Is the person who opens the account for beneficial ownership the person who comes into the financial institution?