Skip to content

Modern Payments Infrastructure: 1 Platform, 1 API, All Channels
Is it time for a solution refresh? Legacy processes can’t always keep up. Ask yourself these questions to assess your payments modernization goals and explore the benefits of a single platform for all Day 1 and Day 2 processing.

Click Now!

Risk Rating New Accounts

Risk rating new accounts can be difficult and the process was made more difficult with the rules involving internet gambling. There are more questions to ask and more factors involved in risk rating accounts. BOL user "Oursisnottoreasonwhy" and his bank created this worksheet to make the job easier and more consistent. This form prints with all new business deposit account forms at his bank.The CSR's use this tool to risk rate business deposit accounts for BSA purposes and it contains away to gather info for Reg GG compliance.

You may also find this helpful in your bank. You can customize the Excel version to meet your individual needs but here is an excellent starting document.

First published on 03/01/2013

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Tools