Education & Events

Managing Accounts & Records for Nonresident Aliens: Opening, Identifying, Monitoring & Tax Reporting

Jul 01, 2019
Program Overview: 

Opening and managing accounts for nonresident aliens (NRAs) can seem overwhelming.  What kind of identification can be requested?  What if the individual doesn’t have a Social Security number?  How is earned interest reported at year-end?  This informative session will explain how to effectively identify nonresident aliens, conduct enhanced due diligence at account opening, and monitor these high-risk relationships.  You will also gain insight into proper tax reporting of NRA accounts and be provided with sample language, tips, and tools to update policies and procedures.  Don’t miss this jam-packed webinar! 




  • Differentiating between resident aliens and nonresident aliens
  • Identification documentation at account opening
  • Comparing and understanding tax identification number types
  • When and how to complete the W-8BEN
  • Enhanced due diligence
  • Monitoring processes to incorporate into BSA procedures
  • Reporting NRA transactions to the IRS


    • Reference tool illustrating the difference between resident and nonresident aliens
    • Sample NRA language for BSA/AML risk assessment
    • Account opening and due diligence documentation
    • Sample W-8BEN
    • IRS reporting reference guide
    • Employee training log
    • NEW – Interactive quiz


        Managing Minor Accounts: Withdrawals, Transfers, CDD, Closing & Best Practices
        Thursday, September 12, 2019

        Personal Accounts: Ownership, Authorization, Titling & Documentation
        Wednesday, October 30, 2019


            ABOUT THE PRESENTER – Dawn Kincaid, Brode Consulting Services, Inc.

            Dawn Kincaid began her banking career while attending The Ohio State University.  She has 17 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance.  Most recently Dawn served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized implementation of new products and services.  Dawn has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer.  She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.


            WHO SHOULD ATTEND 

            This informative session is a must for compliance officers, BSA officers, branch managers, new account representatives, and staff who prepare tax documents.



            Live Webinar
                $255.00 Single Location
                $155.00 Each Additional Location

            Recorded Webinar & Free Digital Download

            Premiere Package (Live & Recorded Webinar with Free Digital Download)

            Association Contact: 

            If you have any questions or need additional information, please contact Marcy Borden at 317-387-9380 or

            Cancellation Policy: 

            Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. If your bank is unable to participate after registering, you can select to purchase the on-demand presentation.

            Webinar Options: 

            1.  Live Webinar
            The LIVE WEBINAR option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered.  You may have as many people as you like listen from your office speaker phone. Registrants receive a toll-free number & pass code that will allow entrance to the seminar. Seminar materials, including instructions, pin number, and handouts will be emailed to you prior to the broadcast.  You will need the most current version of Adobe Reader available free at

            2.  Recorded Webinar & Free Digital Download
            Can’t attend the live webinar?  The recorded webinar & Free Digital web link is a recording of the live event, including audio, visuals, & handouts. We even provide the presenter’s email address so you may ask follow-up questions.  Approximately one week prior to the webinar, you will receive an email with the web link.  This web link can be viewed anytime 24/7, beginning 6 business days after the webinar and will expire 6 months after the live program date.  

            LIMITED AVAILABILITY:  The Recorded Webinar & Free Digital Download web link may ONLY be ordered for 6 months following the webinar.

            3.  Both Live Webinar & Recorded Webinar & Free Digital Download
            Includes options 1 and 2 above

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