CIP
Due Diligence
Dormant/Closed Acct
Random Facts
Extra Credit
100
What 4 things are required at account opening?
Name, Address, DOB, TIN
100
Name 1 High Risk Business
Bar, Restaurant, grocery store, auto dealer, attorney, gas station, etc.
100
A transactional account goes dormant after [blank] years.
2 years from last transaction
100
The only checks that have a hold during the first 30 days of being a new customer are personal checks. True or False
False!
100
How much is it to expedite a check card?
$35
200
If we do not have your ID in [blank] days we will close the account.
10 calendar days
200
Name 2 fields on the CDD screen in FIS.
Occupation, Anticipated Wire activity, anticipated monthly cash levels, income.
200
A CD goes dormant after 5 years from last renewal date. True or False
False, 6 years.
200
Which type of account titling can not receive a debit card? (excluding custodial accounts)
Trust Accounts
200
I make a mobile deposit today at 3:30 when will my funds be available?
Monday!
300
If the WI DL is less than [blank] days old we require a secondary form of ID.
90 days
300
If the business engages in internet gambling, it is fine we just need to fill in extra information. True or False
False!
300
I can remove a dormant status in TellerInsight. True or False
False, FIS.
300
If a customer does not gain access to CIB right away after signing up what does that mean and who follows up with them?
It means that something doesn't match what we have in the system and the Call Center will call to verify.
300
How many friends can one customer refer with the refer a friend program?
up to 5
400
Name 2 secondary forms of ID.
ATM Card, Birth Cert, Check card, utility bill, property tax bill, etc.
400
The income field is required on the CDD screen. True or False
False
400
On the closed acct. authorization to pay form, if I check the box due to lost or stolen information I do not have to fill in the transactions. True or False
False, you do need to.
400
If a business customer signs up themselves for internet banking what package does it auto enroll them in?
Standard
400
What is the rate and term for the Business iMM Promo?
1.00% for 12 months
500
Name 2 ID type exception codes.
Minor, Entity Using SSN, Funeral Trust, Business DBA
500
Which act requires banks to have a CDD program?
Bank Secrecy Act
500
Name the 2 reasons you can select on the closed auth. form.
Lost or Stolen Account Info or Desire to "Start Over"
500
How long until a transactional account goes inactive?
90 days
500
What is the difference between the Premium Business Checking and the Corporate Checking?
Premium they do not get any of the extra earnings credit but the Corporate they do.
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