Intro of Assure to Existing Clients (Sample 1)

Dear XXXXX,

FI NAME is committed to providing our cannabis business clients with the best financial solutions along with the highest levels of service.  We are pleased to launch a new online compliance system in partnership with Shield Compliance called Assure^TM.  The system allows financial institutions and their Marijuana Related Business (MRB) clients to securely communicate and share information including state traceability data and financial reporting data.  

While the bank has been providing services to this industry, we have had to do so manually. Our partnership with Shield Compliance allows us to capture efficiencies that were simply nonexistent until now.  The synergy of all of this information in one location streamlines our program significantly. 

All of our Cannabis clients are required to provide certain information on a regular basis in order to keep their accounts open and in good standing. 

We will provide system access information to the identified administrator upon receipt of your signed form.   The administrator will be able to set-up additional employees within the system as needed or you may contact the bank to assist with access changes.  Your administrator will receive access to the system at XXX and step-by-step instructions to:

1. Provide active traceability credentials for sales tracking to METRC by sharing API Key(s) for each license number/endorsement associated with each entity;  
2. Upload financial reporting data from your online accounting system by the X^th of each month.
3. Annual Relationship Review information, including beneficial ownership verification. 

We are confident you will find the Assure compliance system convenient and very useful.  For more information visit us online at WEBSITE or contact our SUPPORT team at EMAIL or by phone at XXX.  

We understand this industry and those businesses that support it have limited banking options currently.  We greatly appreciate your patronage while we navigate better banking solutions for you and other cannabis businesses.    

Sincerely,