A formal, written, customized AML Compliance Program - without the need of expensive outside help!
AML Program Wizard

Compliance Program Wizard Code:MSBWiz Price: $335.00 Quantity in Basket:  none

Possessing a Formal AML Compliance Program is an Essential Requirement of the USA PATRIOT Act

The Wizard is fully endorsed by the National Money Transmitters Association!

Features:

• Easy interface allows any MSB to generate a Compliance program that would otherwise cost a fortune!
• Output is an editable Word document, which allows for even further customization
• The Wizard, through its incredibly easy to use interface, ensures that your MSB has considered every regulatory obligation!
• Fully acceptable by banks and regulators!

Who will Benefit:

• Agents who don't want to pay for high priced lawyers, accountants or consultants!
• Licensees who are being held more and more responsible for their agents' compliance
• Banks that want to impose a standard of compliance excellence on their MSB customers and thus reduce the risk of banking MSBs

Your MSB is required to have a written AML compliance program, or manual. Such a manual should have comprehensive policies and procedures that are customized to the operation of your business.

• Your bank looks to this document as a first step towards deciding whether it will bank you as a customer
• Your regulators view this document as a window into the status of your MSB's compliance culture

If you don't presently have a documented formal anti-money laundering compliance program, then you essentially have three choices...

• First, you can go out and get yourself an expensive lawyer or consultant to draft you such a document for a thousand dollars or more, or....
• Second, you can risk doing without one and hope your bank or regulator doesn't come calling, OR...

....You can use the NMTA AML Program Wizard, be fully copmpliant with an essential PATRIOT Act requirement, keep the regulators happy, AND maintain a good relationship with your bank -- all at a ridiculously low cost that's too good to pass up!

ImpactAML's Compliance Program Wizard is endorsed by the National Money Transmitters Association! This software application will create for you a fully customized, comprehensive AML compliance program. Its easy to use interface will ask you questions about your business operations and then quickly generate a customized Microsoft Word document that will serve as your MSB's AML compliance program manual. The customized manual includes declarations for adopting your AML program, designation of a BSA compliance officer, and other important forms that should be a part of your corporate records. In addition, the software's help file contains detailed resources and guidance pertinent to maintaining your new compliance program. So why wait another minute? Mitigate your regulatory and business risks now with this easy to use software. The expense involved to hire expensive lawyers to write a custom, comprehensive AML Compliance Program is no longer an excuse!! Do it by yourself with help from the Wizard!

HOW DOES THE WIZARD WORK?

The Wizard contains categories of questions. As you complete a category, the button for that category turns green. When all the Wizard's buttons are green, your customized AML Compliance Program Manual is ready to be printed! Afterwards, you can make further edits directly to your new compliance manual. It couldn't be simpler!

For screenshots and examples, click on the picture of the software at the top of this page.