Course Demos     Log Into ABA eLearning     AIB Overview     AIB Online Courses     AIB Textbooks USA PATRIOT ACT ABA eLearning Self-paced online course (length: 30 minutes) Price: $55 members; $75 non-members  Print Registration Form     Enroll Online This course is also available at discounted prices under an annual license.  Call or email for details. This course is available to ABA Member banks at no cost under a license agreement Course Description:  USA PATRIOT Act points out the fact that the Act has applications in almost all areas of the financial world. It explains why bankers play an important part in identifying and stopping illegal money laundering, which can be used to fund terrorist activities. This course explores the key aspects of the USA PATRIOT Act and what is needed to implement its provisions. It builds on existing knowledge of the customer identification and due diligence process, applying those concepts to specific types of accounts believed to pose increased risks of money laundering and terrorist financing. This course explains how the USA PATRIOT Act affects sharing of certain types of information between financial institutions and law enforcement officials, to identify transactions that may involve terrorist activity or money laundering. Audience:  Bank personnel with deposit function responsibilities. Learning Objectives:  After completing this course, students will be able to: ·         Explain the background and purpose of the USA PATRIOT Act ·         Describe the types of accounts that pose the greatest risks to the bank for potential use by terrorists or those who fund terrorist activities ·         Explain the required procedures for at-risk accounts ·         Explain how to respond to requests for information from FinCEN ·         Describe the process for sharing information with other financial institutions   Prerequisites:  There are no prerequisites for this course.  However, a familiarity with general banking practices, either in deposit, operations, or lending functions is valuable. Course Credit:  AIB: 0; ICB: 0.75 CBT, CCSR, CPB, CCTS, CFSSP, CSOP Questions:  Please call 212-297-1679 or email elegg@nyba.com.