Opening Accounts for High Risk Customers

Date:

May 21, 2024

The BSA exam identifies many services and customers as high risk for money laundering. In this webinar, we’ll look at what makes a customer or service high risk, and the extra due diligence required to protect your institution.

Your financial institution is full of customers who require many types of services. In this webinar, learn to identify which customers and services are high risk as listed in the BSA exam manual and understand their impact on your institution's Anti-Money Laundering program. We'll also discuss whether high-risk customers and services impact your bank's BSA risk rating.