New Accounts Policy - $175.00


The purpose of this New Accounts Policy Template is to provide guidelines for opening all types of new accounts within a bank, credit union, or other type of financial institution, including guidelines for acceptable identification, tenancy arrangements, and conducting over the counter transactions.

Table of Contents

Purpose and Contents - Topic 1
Policy Statement - Topic 2
Required Disclosures - Topic 3
Minimum Opening Balance Requirements - Topic 4
New Account Screening - Topic 5
Guidelines for Acceptable Identification and General Information - Topic 6
Foreign Government, Embassies, or Political Figure Accounts - Topic 7
Money Order Accounts - Topic 8
NAICS Code Procedures - Topic 9
Tenancy Eligibility - Topic 10
Tenancy Arrangements - Topic 11
Certificates of Fictitious Firm Names - Topic 12
Assuring Collected Funds for Deposit - Topic 13
Assigning Account Numbers - Topic 14
File Requirements - Topic 15
Reports and Callback Procedures - Topic 16
Statements - Topic 17
Powers of Attorney - Topic 18
Facsimile Signatures - Topic 19
Retention of Documentation - Topic 20

Recent updates to this product:
06/04/18 Update
FFIEC Issues New Customer Due Diligence and Beneficial Ownership Examination Procedures

This New Accounts Policy Template (approximately 31 pages) is available to purchase from in Microsoft® Word format for $175.00.

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