Implement a Remote Cash Vault Program & Assess Your Risks

Implementing a Remote Cash Vault Program and Assessing Your Risks

Tuesday, August 9, 2022
12:00 – 1:00 pm (Eastern Time)

A remote cash vault services is an electronic service that allows treasury clients to place cash in a vault at their business and is picked up by an armored service.  Clients are able to view their online cash reports to confirm a next-day or same day settlement to the client’s account.  

  • What are the risks to the financial institution? 
  • What are regulatory requirements for offering this service? 
  • How do I implement this service and implement ongoing monitoring? 

This treasury webinar will provide attendees with how this service is used and by which type of clients and how to effectively implement this type of treasury service.  

Topics include:

  • Defining Remote Cash Vault 
  • Types of Customers that have Remote Cash Vault 
  • Regulatory requirements 
  • Performing your risk assessment before implementing this program
  • Considerations for ongoing monitoring 

Who Should Attend:

  • Treasury Sales
  • Treasury Operations
  • Account Officers
  • Relationship Officers
  • Chief Credit Officers
  • Electronic Banking 
  • BSA/AML Officers and Support Staff
  • Risk Managers
  • Deposit Operations
  • Compliance Managers
  • Internal Auditors

Instructor

Terri Sands
Secura Risk Management / Founder

Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations.

Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), a service organization providing payments industry education, auditing, consulting, resources, and support services to financial organizations throughout the country. Prior to her work at PIC, Terri also served as the President of GACHA, a non-profit, regional payments association where she provided strategic direction for financial institutions in the payments industry. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District.
 

Attendance verification for CE credits provided upon request.

Webinar Sponsored by BankersHUB

If you are having issues with registering online, please contact CBAO's Education, Training & Special Event Coordinator, Malia Widder, (614) 610-1877.

 Registration (Member/Non-Member Pricing)

Webinar and Playback* ($295/$445)
*Playback has no expiration. 

Additional Hookup - Registering another banker from a different location ($185/$225)
 

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