Calendar of Events

Loading Events

« All Events

  • This event has passed.

Safe Deposit Boxes – Opening, Monitoring and Administration

May 1, 2018 @ 2:00 pm - 3:00 pm EDT


Register Now

Consider safe deposit boxes a “sleepy” area of the bank? Think again. Between account opening procedures, ongoing administration and controls, and monitoring for suspicious activity, this area presents unique risks and challenges.

Whether you have ten safe deposit boxes or a hundred, your administrative requirements and challenges remain the same. Many regard the safe deposit box area as one of little activity – a rather unexciting area of the bank. However, cases have shown that these boxes can be used to conceal illicit funds and activities. How you address account opening and handle boxes in the event of a box owner’s death can also present unique situations that you must address. 

Important Takeaways for attendees of the Bank Webinar:

  • Effective account opening methods and key controls that should be implemented to ensure appropriate administration of this area.
  • How safe deposit boxes may be used to conceal funds or conduct illicit activities.
  • Compliant processes for handling box administration in the event of a box owner’s death.
  • Safe Deposit Box Account Opening Procedures & Customer Identification Practices
  • Key Controls for Safe Deposit Box Administration
  • Suspicious Activity Monitoring Practices
  • Addressing Safe Deposit Box Access Upon Death of Box Owner


$249 for Webinar Replay and Playback*
*Playback has no expiration and may be shared internally. This event was recorded previously.

Dates of Event

Tuesday, May 1, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)


  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Angela Lucas
Co-Founder and Managing Partner, Sterling Compliance LLC

Register Now Pay by Check


May 1, 2018
2:00 pm - 3:00 pm
Event Categories:
, , ,
Event Tags:
, , ,