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    2018 Safe Deposit Box Series

    $400.00
    This product includes all five (5) webinars in our 2018 Safe Deposit Series.

    This product includes all five (5) webinars in our 2018 Safe Deposit Series.

    When you register for this Series, you will be able to access to the OnDemand recording for 90-Days:

    Box Break-Opens for Non-Payment of Rent - 

    Overview

    We will examine what procedures should be followed to ensure compliance and mitigate risk, including:

    • Timing for break-open
    • Procedures at the actual break-open
    • Taking an inventory of the box
    •  Inventory Declaration to the renter
    • Pre-auction details (if bank elect an auction of box contents)
    • Proceeds of sale at auction of box contents
    • Handling miscellaneous property 

    ************************

    Decedent Renter Issues 

    Overview

    This session will address issues related to documentation of the notification of death; sealing the box of the decedent; temporarily denying access. We will also discuss:

    • Will search orders 
    • Inventory taking at the will search access
    • What to do if the Will is found?
    • Empty box procedures
    • Release of contents requirements 
    • Letters testamentary 
    • Letters of administration 
    • Preliminary letters

    ************************

    Screening the New Safe Deposit Customer  

    Overview

    Safe deposit personnel must ensure that the customer rents a box that meets the needs of that particular customer. This webinar will teach you how to identify the 8 types of renters, so you may equip the customer with the correct box: (1) Individual Renter; (2) Sole proprietor; (3) Joint renters; (4) Fiduciary renters ; (5) Partnerships; (6)Corporations; (7) Unincorporated groups; and, (8) Other types of renters

     ************************

    Handling Box Surrenders 

     Overview

    We will cover detailed steps for handling various types of Safe Deposit Box Surrenders, including: 

    •  “in-person” surrender;​​​​​ 
    • customer box surrender notification (along with the box keys) via mail;
      • Steps when safe deposit box keys are sent via mail without additional instruction

    We will explore best practices to take for situations in which there are contents and in which there are not contents in the box. We will also address what to do if a customer requests the bank to access the box and ship the contents to the renter.

    ************************

    Bank Robbery Involving Safe Deposit Boxes 

    Overview

    This webinar will teach you about the policies and procedures you need to implement after a safe depositbox robbery. If you don't follow these regulations, then you could face new risks and legal problems after the robbery is over.

    Regulators prefer that banks have procedures in place for use immediately after a vault area is violated. This session provides those procedures. 

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    This product includes all five (5) webinars in our 2018 Safe Deposit Series.

    When you register for this Series, you will be able to access to the OnDemand recording for 90-Days:

    Box Break-Opens for Non-Payment of Rent - 

    Overview

    We will examine what procedures should be followed to ensure compliance and mitigate risk, including:

    • Timing for break-open
    • Procedures at the actual break-open
    • Taking an inventory of the box
    •  Inventory Declaration to the renter
    • Pre-auction details (if bank elect an auction of box contents)
    • Proceeds of sale at auction of box contents
    • Handling miscellaneous property 

    ************************

    Decedent Renter Issues 

    Overview

    This session will address issues related to documentation of the notification of death; sealing the box of the decedent; temporarily denying access. We will also discuss:

    • Will search orders 
    • Inventory taking at the will search access
    • What to do if the Will is found?
    • Empty box procedures
    • Release of contents requirements 
    • Letters testamentary 
    • Letters of administration 
    • Preliminary letters

    ************************

    Screening the New Safe Deposit Customer  

    Overview

    Safe deposit personnel must ensure that the customer rents a box that meets the needs of that particular customer. This webinar will teach you how to identify the 8 types of renters, so you may equip the customer with the correct box: (1) Individual Renter; (2) Sole proprietor; (3) Joint renters; (4) Fiduciary renters ; (5) Partnerships; (6)Corporations; (7) Unincorporated groups; and, (8) Other types of renters

     ************************

    Handling Box Surrenders 

     Overview

    We will cover detailed steps for handling various types of Safe Deposit Box Surrenders, including: 

    •  “in-person” surrender;​​​​​ 
    • customer box surrender notification (along with the box keys) via mail;
      • Steps when safe deposit box keys are sent via mail without additional instruction

    We will explore best practices to take for situations in which there are contents and in which there are not contents in the box. We will also address what to do if a customer requests the bank to access the box and ship the contents to the renter.

    ************************

    Bank Robbery Involving Safe Deposit Boxes 

    Overview

    This webinar will teach you about the policies and procedures you need to implement after a safe depositbox robbery. If you don't follow these regulations, then you could face new risks and legal problems after the robbery is over.

    Regulators prefer that banks have procedures in place for use immediately after a vault area is violated. This session provides those procedures. 

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    2018 Safe Deposit Series: Decedent Renter Issues

    $99.00
    This is Part II of our V-Part 2018 Safe Deposit Series. This webinar will address issues related to documentation of the notification of death; sealing the box of the decedent; temporarily denying access.

    2018 Safe Deposit Series: Box Break-Opens for Non-Payment of Rent

    $99.00
    This is Part I of our V-Part 2018 Safe Deposit Series. This webinar will discuss breaking open a safe deposit box for non-payment of rent.
    Presenter:

    Paul J. Sanchez

    Paul J. Sanchez, CPA, CBA, CFSA, CGMA conducts a small CPA practice in Port Washington, New York. He is also the owner of Professional Service Associates (PSA), a consulting and professional training and development business servicing corporate clients (auditors, controllers, etc.), CPA firms, professional associations and others. He was an assistant professor at Long Island University - C.W. Post Campus as well as an adjunct lecturer at City University of New York. Prior to starting PSA, he was the Vice President-Professional Development for the Audit Division of a regional bank and Director of Professional Practices and Vice President of a money-center bank, where he directed the professional practice development and training for internal auditors. He also was on the technical staff of the Auditing Standards and Examinations Divisions of the AICPA. He practiced public accounting in the New York office of Deloitte where he also was a firm recruiter and in-house professional development instructor. He was an owner and auditing and accounting seminar leader for the Person/Wolinsky CPA Review Courses, a company that prepared candidates to pass the Uniform CPA Examination. He is a frequent lecturer and seminar leader for accounting, auditing, banking, risk assessment and other professional presentations. He is the author of the textbook, “Accounting Basics for Community Financial Institutions” (Financial Managers Society, 2 nd edition, Chicago, 2009) and the “Ideas an Analysis Letter: The Sanchez Take” (see www.sanchez-psa.com). As a contributing author, his chapter on ‘An Auditor’s Approach to Risk-Based Auditing: What to Audit and When,’ is included in the textbook, “Effective Auditing for Corporates: Key Developments in Practice and Procedures,” (Bloomsbury Information, Ltd, London, 2012).