New Accounts Series:

Opening Accounts for Nonresident Aliens

(90-minute webinar – available live or on-demand)

 Wednesday, November 10, 2021

This is a morning webinar

8:00 AM Pacific            9:00 AM Mountain

10:00 AM Central         11:00 AM Eastern

Special requirements. CIP. Tax reporting. Foreign taxpayer identification numbers.  You need to know about all these issues and more when opening accounts for people who are not US citizens.  You also must be able to differentiate between resident and nonresident aliens.  Get the knowledge you need with this jam-packed webinar. 

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Distinguish when a consumer is a resident alien or nonresident alien
• Properly set up the W-8BEN for interest-bearing accounts
• Identify which countries require a foreign taxpayer identification number
• Start backup withholding even without proper documentation
• Run your customer identification program 

WEBINAR DETAILS

It all starts at account set up.  Nonresident alien accounts have special requirements.  In addition, the rules became more complex last year with the new requirement for a foreign taxpayer identification number.  Open these accounts with ease, beginning with this webinar that will explain how to:

• Set up interest- and noninterest-bearing accounts on your signature cards and your system
• Determine when the applicant is a nonresident alien
• Properly complete the W-8BEN and all its fields

Don’t miss the chance to learn how to document, identify, and report a nonresident alien account. 

WHO SHOULD ATTEND?

This informative session will benefit staff in new accounts, branch operations, deposit compliance, and training. 

TAKE-AWAY TOOLKIT

• Withholding manual
• NRA procedures
• Employee training log
• Interactive quiz 

     MEET THE PRESENTER - Deborah Crawford, Gettechnical Inc.

Deborah Crawford is the President of Gettechnical Inc., a Florida based firm, specializing in the education of financial institutions across the nation.  Her 30+ years of experience began at Hibernia National Bank in New Orleans.  She graduated from Louisiana State University with both her bachelor’s and master’s degrees. 

Debbie specializes in the education of financial institution employees and officers in the areas of deposit account laws, new account documentation, insurance, complex compliance regulations, and IRAs.

THREE REGISTRATION OPTIONS – WHAT YOU GET

1. Live Webinar Includes

• Unlimited connections within your institution to the Live Webinar
• Handout and Take-Away Toolkit
• Available on desktop, mobile & tablet
• Presenter’s contact info for follow-up 

2. On-Demand Webinar Includes

• Recording of the Live Webinar
• Available two business days following Live date
• Handout and Take-Away Toolkit
• Available on desktop, mobile & tablet
• Free Digital Download, yours to keep
• Share link with anyone at your institution
• Presenter’s contact info for follow-up

3. Purchase the BOTH Option to receive all the benefits listed above! Full registration descriptions can be found here.

Note: All materials are subject to copyright. Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.

AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE