Account Re-opening [I]

Hi Jj,

Since customer "Mort, Inc." is a prospect hence, we require KYC# within one year to approve this re-open request.

KYC #01195147 is more than one year old.

Kind regards,
Navin Kumar Pankaj

Hello my favorites--

Can you let me know what I need to do to re KYC this entity for which an account was auto-closed (information below)? This is going to be a high rush situation, the client is absolutely furious.

Thanks,

JJ

JJ

You'll need to order updated research and complete a KYC update. Essentially, you have to treat it the way you'd treat a brand new client.

Why did the account close? Was it ever funded? Was it closed due to zero balance?

Please note that this is a high risk client and the KYC will need to be reviewed by AML Compliance; I've cc'd them so they are aware of the rush.

Best,
Armen

The account was closed due to zero balance (it was funded on 2/6/2015 and then de-funded on 2/23/2015).

I have submitted for the research since the last KYC (2/1/2014) and put it in with high priority. I will let you know as soon as we get results (We expect some negative media possibly).

thanks for the help, appreciate the quick reply.

No Problem at all. Please keep AML Compliance posted.

Best,
Armen

I believe I have everything set up (KYC 01469735)... I am waiting on the research and will forward immediately if we get an RDC or PCR.

I do not have a certificate of good standing within the last year—the company is incorporated in US Virgin Islands. Do you know if we have a website screenshot that will suffice?

Thanks,

JJ

Hello

You'll need to ask AML Compliance; Generally, a printout from the Company's Regitrar or Secretary of State is acceptable. I'm not how to get that for USVI http://ltg.gov.vi/corporations-and-trademarks.html didn't have an option to search

For this KYC, you would need a certificate of good standing dated within 1 year.

Best,
Armen

Yeah I found https://secure.dlca.vi.gov/license/Asps/Search/- License search.aspx but it doesn't come up with anything.

Yeah, I searched that but I think that's for licensed entities and this I assume is a personal holding company which likely doesn't need a license.

Best,
Armen

Hi--

Please re-open account 42959017 (Mort, Inc.). The client is looking to transfer money into the account (per the attached instruction). It was closed on 5/26/2015 and still appears on FIS Metavante. The client did not send a letter to close, and the account was recently opened on 2/6/2015. The KYC is still valid.

Thanks,

JJ