Is the customer a professional service provider? or No Yes Is this account an IOLTA account? Yes or No Internet gambling questions No Does your company have any games or financial activities on its website? Yes or Yes Do you provide services to companies who provide internet gambling? or No If legal in your state, provide licensing. Otherwise have company sign certification that it is not engaged in unlawful internet gambling. MSB Questions Does your company cash checks over $1000? Yes or No Does your company checks or money orders over $1000? or No Yes issue cashier’s Yes No Does your company exchange currency over $1000? or Yes Do you transmit currency even virtual currency at any dollar amount? or No Yes Do you provide prepaid cards? or No If so you must register as an MSB with fincen.gov Excludes: HSA, HRAs, FSAs, closed loop under $2000, cards that are over $1000 but are not reloadable, cards that do not allow international transactions Do you sell prepaid cards? Yes or No If of AML Policy of Registration with FinCEN Previous Bank so, provide: • Copy • Copy • Statements. Privately Held ATMs Does the (Complete when customer has an ATM on premise not owned by a bank) business have any private ATM machines located on the premises? Yes or No If so, does your business own or lease from another contractor? We will need: Copy of the ATM agreement with sponsoring entity Exact physical location(s) of the ATM(s) Copy of state registration (if required by state) Copy of three months ATM activity statements Description of currency servicing arrangements including how is cash being replenished (store proceeds, armored car, etc)
Is the customer a professional service provider? Yes or No Is this account an IOLTA account? Yes or No Internet gambling questions Does your company have any games or financial activities on its website? Yes or No Do you provide services to companies who provide internet gambling? Yes or No If legal in your state, provide licensing. Otherwise have company sign certification that it is not engaged in unlawful internet gambling. MSB Questions Does your company cash checks over $1000? Yes or No Does your company issue cashier’s checks or money orders over $1000? Yes or No Does your company exchange currency over $1000? Yes or No Do you transmit currency even virtual currency at any dollar amount? Yes or No Do you provide prepaid cards? Yes or No If so you must register as an MSB with fincen.gov Excludes: HSA, HRAs, FSAs, closed loop under $2000, cards that are over $1000 but are not reloadable, cards that do not allow international transactions Do you sell prepaid cards? Yes or No If so, provide: • Copy of AML Policy • Copy of Registration with FinCEN • Previous Bank Statements. Privately Held ATMs (Complete when customer has an ATM on premise not owned by a bank) Does the business have any private ATM machines located on the premises? Yes or No If so, does your business own or lease from another contractor? We will need: Copy of the ATM agreement with sponsoring entity Exact physical location(s) of the ATM(s) Copy of state registration (if required by state) Copy of three months ATM activity statements Description of currency servicing arrangements including how is cash being replenished (store proceeds, armored car, etc)
Generic_Legal_Entity_Application_for_Business_Account.docx