Banking Cannabis Part 1: Onboarding and KYC

Qty: On-Demand ($419.00)

Course Summary:

During this program, we will lay a good foundation for building your program on marijuana and hemp.

Course Details:

What would be in your risk assessment? What do you need to open an account? How will we set up a Customer Identification Program (CIP) and a Customer Due Diligence (CDD) for your institution? How to break customers into tiers and establish the rules for each tier.What You'll Learn:

• A look at the federal picture on hemp, marijuana, and CBD oil
  
• Risk assessments for your new customer base
  
• Developing a new account policy and procedures for cannabis
  
• Questions in the new account interview
  
• CIP, CDD, and state law issues
  
• Separate hemp/CBD from hemp, and marijuana/CBD from marijuana