Podcast
Questions and Answers
What type of deposits require agreement between the depositor and the bank on period and interest rate?
What type of deposits require agreement between the depositor and the bank on period and interest rate?
- Saving Deposits
- Time Deposits (correct)
- Recurring Deposits
- Fixed Deposits
What is a necessary feature of a valid contract for opening a bank account?
What is a necessary feature of a valid contract for opening a bank account?
- Capacity to sign a contract
- Sound mind to invest in the bank
- Competence to contract (correct)
- Free consent to open an account
What document is required to verify the customer's address?
What document is required to verify the customer's address?
- Specimen Signature Card
- Proof of address (correct)
- Proof of identity
- Know Your Customer Form
What document is required for nomination purposes?
What document is required for nomination purposes?
What determines the additional documents required for opening a bank account?
What determines the additional documents required for opening a bank account?
What is the primary source of funds for most banks?
What is the primary source of funds for most banks?
Why are banks introducing various deposit schemes?
Why are banks introducing various deposit schemes?
What is the main task of banking with regards to deposits?
What is the main task of banking with regards to deposits?
Why are banks opening branches across the country?
Why are banks opening branches across the country?
What is deposits in the context of banking?
What is deposits in the context of banking?
Who can open a Savings Bank account?
Who can open a Savings Bank account?
How many times can a depositor withdraw money from a Savings Bank account in a week?
How many times can a depositor withdraw money from a Savings Bank account in a week?
What is the minimum balance required to be eligible for interest in a Savings Bank account?
What is the minimum balance required to be eligible for interest in a Savings Bank account?
What is the condition for withdrawing money exceeding 25% of the balance in a Savings Bank account?
What is the condition for withdrawing money exceeding 25% of the balance in a Savings Bank account?
When is the interest paid on a Savings Bank account?
When is the interest paid on a Savings Bank account?
What is the purpose of obtaining identification documents from a prospective customer?
What is the purpose of obtaining identification documents from a prospective customer?
What is the importance of having effective KYC standards in banks?
What is the importance of having effective KYC standards in banks?
What is the main objective of KYC procedures?
What is the main objective of KYC procedures?
What is the recommended approach to verifying a customer's identity?
What is the recommended approach to verifying a customer's identity?
Why is it essential to obtain documents that are difficult to obtain illicitly?
Why is it essential to obtain documents that are difficult to obtain illicitly?
What should happen if a cheque is presented for payment in a Dormant Account?
What should happen if a cheque is presented for payment in a Dormant Account?
How can a customer reactivate a Dormant Account?
How can a customer reactivate a Dormant Account?
What happens to a Deceased Account after authenticated information is received?
What happens to a Deceased Account after authenticated information is received?
How is interest applied to a Deceased Savings Bank Account?
How is interest applied to a Deceased Savings Bank Account?
What triggers the reactivation of a Dormant Account in the system?
What triggers the reactivation of a Dormant Account in the system?
What is required from an account holder who cannot sign, in addition to the Account opening form?
What is required from an account holder who cannot sign, in addition to the Account opening form?
Who should attest the thumb impression of the account holder?
Who should attest the thumb impression of the account holder?
What should be attached to the specimen signature card?
What should be attached to the specimen signature card?
What is the purpose of the letter of undertaking obtained from the account holder?
What is the purpose of the letter of undertaking obtained from the account holder?
What precautionary measure should be taken by the bank?
What precautionary measure should be taken by the bank?
What happens when a term deposit is encashed prematurely?
What happens when a term deposit is encashed prematurely?
How is interest paid when a term deposit is encashed at maturity?
How is interest paid when a term deposit is encashed at maturity?
What happens when a term deposit is encashed beyond maturity?
What happens when a term deposit is encashed beyond maturity?
Who can appoint a nominee to their bank account?
Who can appoint a nominee to their bank account?
What is the role of a nominee in a bank account?
What is the role of a nominee in a bank account?
When can an account holder nominate a person to their account?
When can an account holder nominate a person to their account?
How many nominees can an account holder appoint?
How many nominees can an account holder appoint?
What happens to the deposit when an account holder dies?
What happens to the deposit when an account holder dies?
Who receives the benefit of the deposit in case of death of the account holder?
Who receives the benefit of the deposit in case of death of the account holder?
What determines the interest rate for the period beyond maturity?
What determines the interest rate for the period beyond maturity?
What is the primary purpose of deposit mobilization in banking?
What is the primary purpose of deposit mobilization in banking?
What is the main objective of banks introducing various deposit schemes?
What is the main objective of banks introducing various deposit schemes?
What type of deposits require agreement between the depositor and the bank on period and interest rate?
What type of deposits require agreement between the depositor and the bank on period and interest rate?
What is a necessary document for nomination purposes in opening a bank account?
What is a necessary document for nomination purposes in opening a bank account?
What is the source of funds for most banks?
What is the source of funds for most banks?
What is the purpose of managing deposits in a bank?
What is the purpose of managing deposits in a bank?
What is required to be present when a banker opens an account?
What is required to be present when a banker opens an account?
What is the purpose of the Expected Transaction Profile (ETP) Form in opening a bank account?
What is the purpose of the Expected Transaction Profile (ETP) Form in opening a bank account?
What is the benefit of diversifying sources of funds for banks?
What is the benefit of diversifying sources of funds for banks?
Who can open an account with the bank?
Who can open an account with the bank?
What happens to an account when a cheque is presented for payment in a Dormant Account?
What happens to an account when a cheque is presented for payment in a Dormant Account?
How does a customer reactivate a dormant account?
How does a customer reactivate a dormant account?
What happens to the operation of an account when a bank receives authenticated information about the account holder's death?
What happens to the operation of an account when a bank receives authenticated information about the account holder's death?
How is interest applied in a Deceased Savings Bank Account?
How is interest applied in a Deceased Savings Bank Account?
What happens to a Dormant Account after a customer-initiated debit transaction?
What happens to a Dormant Account after a customer-initiated debit transaction?
What is the condition for withdrawal of money up to 25% of the balance in a Savings Bank account?
What is the condition for withdrawal of money up to 25% of the balance in a Savings Bank account?
What is the benefit of having a Savings Bank account with this bank?
What is the benefit of having a Savings Bank account with this bank?
What happens if the balance in a Savings Bank account falls below Tk.500 at any day of a particular month?
What happens if the balance in a Savings Bank account falls below Tk.500 at any day of a particular month?
In how many days' prior notice is required for withdrawal of money exceeding 25% of the balance in a Savings Bank account?
In how many days' prior notice is required for withdrawal of money exceeding 25% of the balance in a Savings Bank account?
Who can open a Savings Bank account?
Who can open a Savings Bank account?
What is the primary purpose of obtaining a certified copy of the statute when opening a bank account?
What is the primary purpose of obtaining a certified copy of the statute when opening a bank account?
What is the main goal of implementing effective KYC procedures in banks?
What is the main goal of implementing effective KYC procedures in banks?
What is the recommended approach to verifying a customer's physical and financial identity?
What is the recommended approach to verifying a customer's physical and financial identity?
What type of document is recommended to obtain from a prospective customer to verify their identity?
What type of document is recommended to obtain from a prospective customer to verify their identity?
What is the purpose of the Mandate document when opening a bank account?
What is the purpose of the Mandate document when opening a bank account?
What should be obtained from the account holder who cannot sign?
What should be obtained from the account holder who cannot sign?
What is the purpose of the letter of undertaking obtained from the account holder?
What is the purpose of the letter of undertaking obtained from the account holder?
Who should attest the thumb impression of the account holder?
Who should attest the thumb impression of the account holder?
What should be attached to the specimen signature card?
What should be attached to the specimen signature card?
What precautionary measure should be taken by the bank?
What precautionary measure should be taken by the bank?
How should interest be paid when a term deposit is encashed at maturity?
How should interest be paid when a term deposit is encashed at maturity?
What should be done when a term deposit is encashed prematurely?
What should be done when a term deposit is encashed prematurely?
Who can nominate a person to their account?
Who can nominate a person to their account?
What happens when a term deposit is encashed beyond maturity?
What happens when a term deposit is encashed beyond maturity?
What is the role of a nominee in a bank account?
What is the role of a nominee in a bank account?
How many nominees can an account holder appoint?
How many nominees can an account holder appoint?
When can an account holder nominate a person to their account?
When can an account holder nominate a person to their account?
What happens to the deposit when an account holder dies?
What happens to the deposit when an account holder dies?
What should be done when a term deposit is encashed prematurely?
What should be done when a term deposit is encashed prematurely?
What is the benefit of having a nominee in a bank account?
What is the benefit of having a nominee in a bank account?
What is the primary determinant of the rate of interest applicable to a time deposit?
What is the primary determinant of the rate of interest applicable to a time deposit?
What is a necessary document for verifying a customer's address when opening a bank account?
What is a necessary document for verifying a customer's address when opening a bank account?
What is the primary objective of deposit mobilization in banking?
What is the primary objective of deposit mobilization in banking?
What is the primary source of funds for most banks?
What is the primary source of funds for most banks?
What is the primary purpose of obtaining a Specimen Signature Card when opening a bank account?
What is the primary purpose of obtaining a Specimen Signature Card when opening a bank account?
What is a key feature of a valid contract for opening a bank account?
What is a key feature of a valid contract for opening a bank account?
What is the purpose of introducing various deposit schemes by banks?
What is the purpose of introducing various deposit schemes by banks?
What is the ultimate goal of managing deposits in a bank?
What is the ultimate goal of managing deposits in a bank?
What type of deposit allows the depositor to make regular deposits over a fixed period of time?
What type of deposit allows the depositor to make regular deposits over a fixed period of time?
What is the purpose of diversifying sources of funds for banks?
What is the purpose of diversifying sources of funds for banks?
What is the primary condition for a depositor to be eligible for interest in a Savings Bank account?
What is the primary condition for a depositor to be eligible for interest in a Savings Bank account?
What is the consequence of persistently withdrawing more than twice in a week or a sum exceeding 25% of the balance in a Savings Bank account without notice?
What is the consequence of persistently withdrawing more than twice in a week or a sum exceeding 25% of the balance in a Savings Bank account without notice?
What is the frequency of interest payment on a Savings Bank account?
What is the frequency of interest payment on a Savings Bank account?
What is the minimum percentage of the balance that a depositor can withdraw without prior notice from a Savings Bank account?
What is the minimum percentage of the balance that a depositor can withdraw without prior notice from a Savings Bank account?
What is the benefit of having a Savings Bank account with this bank?
What is the benefit of having a Savings Bank account with this bank?
What happens when a bank receives authenticated information about the death of an account holder?
What happens when a bank receives authenticated information about the death of an account holder?
What is the purpose of referring a cheque to the Manager / Authorized Officer of the account Branch in a Dormant Account?
What is the purpose of referring a cheque to the Manager / Authorized Officer of the account Branch in a Dormant Account?
How is interest applied in a Deceased Savings Bank Account?
How is interest applied in a Deceased Savings Bank Account?
What triggers the reactivation of a Dormant Account in the system?
What triggers the reactivation of a Dormant Account in the system?
What is the primary purpose of adopting effective KYC standards in banks?
What is the primary purpose of adopting effective KYC standards in banks?
What is the recommended approach to verifying a customer's physical and financial identity?
What is the recommended approach to verifying a customer's physical and financial identity?
What should be done if a cheque is presented for payment in a Dormant Account?
What should be done if a cheque is presented for payment in a Dormant Account?
What type of document is recommended to obtain from a prospective customer to verify their identity?
What type of document is recommended to obtain from a prospective customer to verify their identity?
What is the purpose of obtaining a certified copy of the statute when opening a bank account?
What is the purpose of obtaining a certified copy of the statute when opening a bank account?
What is the ultimate goal of implementing effective KYC policies and procedures in banks?
What is the ultimate goal of implementing effective KYC policies and procedures in banks?
What is the primary purpose of obtaining a letter of undertaking from the account holder?
What is the primary purpose of obtaining a letter of undertaking from the account holder?
What document is required from local authorities or municipal corporations to open a bank account?
What document is required from local authorities or municipal corporations to open a bank account?
How many passport size photographs of the account holder should be obtained?
How many passport size photographs of the account holder should be obtained?
Who attests the account holder's thumb impression on the specimen signature card?
Who attests the account holder's thumb impression on the specimen signature card?
What precautionary measure should be taken by the bank?
What precautionary measure should be taken by the bank?
When a term deposit is encashed prematurely, what happens to the interest?
When a term deposit is encashed prematurely, what happens to the interest?
Who can appoint a nominee to their bank account?
Who can appoint a nominee to their bank account?
What happens to the interest when a term deposit is encashed beyond maturity?
What happens to the interest when a term deposit is encashed beyond maturity?
What is the status of a deposit when an account holder dies?
What is the status of a deposit when an account holder dies?
What is the role of a nominee in a bank account?
What is the role of a nominee in a bank account?
When can an account holder nominate a person to their account?
When can an account holder nominate a person to their account?
What happens when a term deposit is encashed prematurely?
What happens when a term deposit is encashed prematurely?
How many nominees can an account holder appoint?
How many nominees can an account holder appoint?
What is the condition for encashment of a term deposit?
What is the condition for encashment of a term deposit?
Who is responsible for nominating a person to their bank account?
Who is responsible for nominating a person to their bank account?
What should be obtained from an account holder who cannot sign?
What should be obtained from an account holder who cannot sign?
What precautionary measure should be taken by the bank when opening an account for an account holder who cannot sign?
What precautionary measure should be taken by the bank when opening an account for an account holder who cannot sign?
What should be attached to the specimen signature card for an account holder who cannot sign?
What should be attached to the specimen signature card for an account holder who cannot sign?
What should be done when a cheque is presented for payment in a Dormant Account?
What should be done when a cheque is presented for payment in a Dormant Account?
What is required to open an account for a local authority or municipal corporation?
What is required to open an account for a local authority or municipal corporation?
What is the primary objective of a trustee in a trust account?
What is the primary objective of a trustee in a trust account?
What is the purpose of the trust deed in a trust account?
What is the purpose of the trust deed in a trust account?
What is the role of the author of the trust?
What is the role of the author of the trust?
What is the beneficial interest of the beneficiary in a trust account?
What is the beneficial interest of the beneficiary in a trust account?
What precaution should the banker take when opening a trust account?
What precaution should the banker take when opening a trust account?
What documents are required to open a special type of account, along with a certified copy of the statute?
What documents are required to open a special type of account, along with a certified copy of the statute?
What is the primary purpose of implementing effective KYC policies and procedures in banks?
What is the primary purpose of implementing effective KYC policies and procedures in banks?
What is the recommended approach to verifying a customer's physical and financial identity?
What is the recommended approach to verifying a customer's physical and financial identity?
What is the consequence of a bank's inadequate KYC program?
What is the consequence of a bank's inadequate KYC program?
What is the main purpose of KYC procedures in banks?
What is the main purpose of KYC procedures in banks?
What happens to a Dormant Account when a cheque is presented for payment?
What happens to a Dormant Account when a cheque is presented for payment?
What happens to an account when a bank receives authenticated information about the death of the account holder?
What happens to an account when a bank receives authenticated information about the death of the account holder?
How can a customer reactivate a Dormant Account?
How can a customer reactivate a Dormant Account?
What happens to interest on a Savings Bank Account after the death of the depositor?
What happens to interest on a Savings Bank Account after the death of the depositor?
What happens to a Dormant Account after a customer-initiated debit transaction?
What happens to a Dormant Account after a customer-initiated debit transaction?
What is the primary document required to verify the identity of a customer opening a bank account in Bangladesh?
What is the primary document required to verify the identity of a customer opening a bank account in Bangladesh?
What type of account requires an interview of the customer and an introducer from an acceptable person to the bank?
What type of account requires an interview of the customer and an introducer from an acceptable person to the bank?
What is the role of a local government authority in verifying a customer's identity?
What is the role of a local government authority in verifying a customer's identity?
What is the primary purpose of obtaining a certificate from a local government authority when opening a bank account?
What is the primary purpose of obtaining a certificate from a local government authority when opening a bank account?
What is the primary operational procedure for opening a special type of account?
What is the primary operational procedure for opening a special type of account?
What should be recorded on the Account Opening Form and Account Opening Register when opening a minor's account?
What should be recorded on the Account Opening Form and Account Opening Register when opening a minor's account?
What is required to be examined before authorizing a legal guardian to open an account in the name of a minor?
What is required to be examined before authorizing a legal guardian to open an account in the name of a minor?
What should happen to a minor's account when the minor attains majority?
What should happen to a minor's account when the minor attains majority?
What is the condition for opening an account of an illiterate person?
What is the condition for opening an account of an illiterate person?
What is not allowed on a minor's account?
What is not allowed on a minor's account?
What type of deposit requires an agreement between the depositor and the bank on the period of the deposit and interest rate?
What type of deposit requires an agreement between the depositor and the bank on the period of the deposit and interest rate?
What is a necessary document for opening a bank account?
What is a necessary document for opening a bank account?
What is the purpose of the Expected Transaction Profile Form?
What is the purpose of the Expected Transaction Profile Form?
What type of deposit allows the depositor to withdraw money at short notice?
What type of deposit allows the depositor to withdraw money at short notice?
What is required for a depositor who cannot sign?
What is required for a depositor who cannot sign?
What is the purpose of obtaining photographs of the nominee(s)?
What is the purpose of obtaining photographs of the nominee(s)?
What is a necessary feature of a valid contract for opening a bank account?
What is a necessary feature of a valid contract for opening a bank account?
What is the purpose of obtaining proof of identity and address verification?
What is the purpose of obtaining proof of identity and address verification?
What type of deposit allows the depositor to deposit a fixed amount at regular intervals?
What type of deposit allows the depositor to deposit a fixed amount at regular intervals?
What is the purpose of a Specimen Signature Card?
What is the purpose of a Specimen Signature Card?
What is the primary purpose of having effective KYC standards in banks?
What is the primary purpose of having effective KYC standards in banks?
In what chapter of the manual is the opening and operation of different bank accounts discussed?
In what chapter of the manual is the opening and operation of different bank accounts discussed?
What is the recommended approach to verifying a customer's physical and financial identity?
What is the recommended approach to verifying a customer's physical and financial identity?
What is the primary focus of chapter 4 of the manual?
What is the primary focus of chapter 4 of the manual?
What is the role of the person who reposes or declares confidence in a trust?
What is the role of the person who reposes or declares confidence in a trust?
What is the primary objective of a bank's risk management policies?
What is the primary objective of a bank's risk management policies?
Where can you find the discussion on Bills Collection and Remittance in the manual?
Where can you find the discussion on Bills Collection and Remittance in the manual?
What document is essential for a banker to examine before opening a trust account?
What document is essential for a banker to examine before opening a trust account?
In which chapter is Clearing and Collection of Instruments discussed?
In which chapter is Clearing and Collection of Instruments discussed?
What is the term for the right of the beneficiary against the trustees as the owner of the trust property?
What is the term for the right of the beneficiary against the trustees as the owner of the trust property?
What is the primary purpose of a bank's KYC procedures?
What is the primary purpose of a bank's KYC procedures?
What is the purpose of the trust deed in a trust account?
What is the purpose of the trust deed in a trust account?
What is the total number of chapters in the manual?
What is the total number of chapters in the manual?
What is the primary importance of a bank's KYC policies and procedures?
What is the primary importance of a bank's KYC policies and procedures?
What is the obligation of the trustee in a trust?
What is the obligation of the trustee in a trust?
What is the primary purpose of obtaining a letter of undertaking from an account holder who cannot sign?
What is the primary purpose of obtaining a letter of undertaking from an account holder who cannot sign?
What is required to be obtained from a local authority or municipal corporation to open an account?
What is required to be obtained from a local authority or municipal corporation to open an account?
What is the purpose of attesting a thumb impression of an account holder who cannot sign?
What is the purpose of attesting a thumb impression of an account holder who cannot sign?
What is the purpose of obtaining two copies of passport size photographs of the account holder?
What is the purpose of obtaining two copies of passport size photographs of the account holder?
What is the purpose of recording a certificate on the back of the cheque?
What is the purpose of recording a certificate on the back of the cheque?
What is essential for a valid contract when a banker opens an account?
What is essential for a valid contract when a banker opens an account?
What is the primary purpose of obtaining a Specimen Signature Card when opening a bank account?
What is the primary purpose of obtaining a Specimen Signature Card when opening a bank account?
What type of deposit requires agreement between the depositor and the bank on period and interest rate?
What type of deposit requires agreement between the depositor and the bank on period and interest rate?
What is commonly required for opening each type of account?
What is commonly required for opening each type of account?
Who can open an account with the bank?
Who can open an account with the bank?
What is the primary purpose of referring a cheque to the Manager/Authorized Officer in a Dormant Account?
What is the primary purpose of referring a cheque to the Manager/Authorized Officer in a Dormant Account?
What happens to the interest on a Savings Bank Account after the death of the depositor?
What happens to the interest on a Savings Bank Account after the death of the depositor?
What happens to a Deceased Account after authenticated information is received?
What happens to a Deceased Account after authenticated information is received?
How is an account activated in the system after being dormant?
How is an account activated in the system after being dormant?
What is the primary objective of handling a Deceased Account?
What is the primary objective of handling a Deceased Account?
What is the primary concern of general banking in today's economic and financial surroundings?
What is the primary concern of general banking in today's economic and financial surroundings?
What is the main challenge faced by banks in terms of general banking operations?
What is the main challenge faced by banks in terms of general banking operations?
Why are legislative measures and stringent compliance requirements crucial for general banking?
Why are legislative measures and stringent compliance requirements crucial for general banking?
What is the primary objective of banks in terms of general banking operations?
What is the primary objective of banks in terms of general banking operations?
What is the consequence of avoiding procedures and compliance requirements in general banking?
What is the consequence of avoiding procedures and compliance requirements in general banking?
Why are banks perceived to be more fragile than non-financial organizations?
Why are banks perceived to be more fragile than non-financial organizations?
What is the primary role of policy makers in general banking?
What is the primary role of policy makers in general banking?
What is the primary challenge faced by banks in terms of managing customer needs?
What is the primary challenge faced by banks in terms of managing customer needs?
Why are banks strengthening their ability to manage different areas of general banking?
Why are banks strengthening their ability to manage different areas of general banking?
What is the primary objective of banks in terms of deposit mobilization?
What is the primary objective of banks in terms of deposit mobilization?
What is the main focus of chapter 3 of the manual?
What is the main focus of chapter 3 of the manual?
What is the primary concern of chapter 4 of the manual?
What is the primary concern of chapter 4 of the manual?
In which chapter of the manual is the discussion on Bills Collection and Remittance?
In which chapter of the manual is the discussion on Bills Collection and Remittance?
What is the main topic covered in chapter 5 of the manual?
What is the main topic covered in chapter 5 of the manual?
What is the overall organization of the manual?
What is the overall organization of the manual?
What is the term for the right of the beneficiary against the trustees as the owner of the trust property?
What is the term for the right of the beneficiary against the trustees as the owner of the trust property?
What precautionary measure should be taken by the banker when opening an account in the names of persons in their capacity as trustees?
What precautionary measure should be taken by the banker when opening an account in the names of persons in their capacity as trustees?
What is the document that contains the names of the trustees, power vested in them for administering the trust property and other terms and conditions?
What is the document that contains the names of the trustees, power vested in them for administering the trust property and other terms and conditions?
Who is the person who reposes or declares confidence in a trust?
Who is the person who reposes or declares confidence in a trust?
What is the term for the obligation annexed to the ownership of property, arising out of confidence reposed in a person or group of persons?
What is the term for the obligation annexed to the ownership of property, arising out of confidence reposed in a person or group of persons?
What is the primary purpose of implementing effective KYC policies and procedures in banks?
What is the primary purpose of implementing effective KYC policies and procedures in banks?
What is the recommended approach to verifying a customer's physical and financial identity?
What is the recommended approach to verifying a customer's physical and financial identity?
What is the primary purpose of knowing a customer physically and financially?
What is the primary purpose of knowing a customer physically and financially?
Why is it essential to obtain documents that are difficult to obtain illicitly?
Why is it essential to obtain documents that are difficult to obtain illicitly?
What is the benefit of having sound KYC policies and procedures in banks?
What is the benefit of having sound KYC policies and procedures in banks?
What is obtained from the account holder who cannot sign to ensure the authenticity of the cheques?
What is obtained from the account holder who cannot sign to ensure the authenticity of the cheques?
How many passport size photographs of the account holder should be obtained?
How many passport size photographs of the account holder should be obtained?
Who should attest the thumb impression of the account holder?
Who should attest the thumb impression of the account holder?
What is the purpose of obtaining a letter of undertaking from the account holder?
What is the purpose of obtaining a letter of undertaking from the account holder?
What is required to open an account for a government or semi-government organization?
What is required to open an account for a government or semi-government organization?
What type of deposit allows the depositor to agree on the period and rate of interest with the bank?
What type of deposit allows the depositor to agree on the period and rate of interest with the bank?
Which document is required to verify the identity of a customer opening a bank account?
Which document is required to verify the identity of a customer opening a bank account?
What is the purpose of obtaining a Specimen Signature Card when opening a bank account?
What is the purpose of obtaining a Specimen Signature Card when opening a bank account?
What type of deposit is typically used for a large portion of savings deposits?
What type of deposit is typically used for a large portion of savings deposits?
What is required to open an account with a bank?
What is required to open an account with a bank?
What happens to a Dormant Account when a cheque is presented for payment?
What happens to a Dormant Account when a cheque is presented for payment?
How can a customer reactivate their Dormant Account?
How can a customer reactivate their Dormant Account?
What happens to interest on a Savings Bank Account after the death of the depositor?
What happens to interest on a Savings Bank Account after the death of the depositor?
What happens to an account when a bank receives authenticated information about the death of the account holder?
What happens to an account when a bank receives authenticated information about the death of the account holder?
How is the genuineness of a drawing verified in a Dormant Account?
How is the genuineness of a drawing verified in a Dormant Account?
What is a crucial concern for banks in general banking?
What is a crucial concern for banks in general banking?
Why are relevant legislative measures taken in general banking?
Why are relevant legislative measures taken in general banking?
What can be detrimental to banks that are widely perceived to be more fragile?
What can be detrimental to banks that are widely perceived to be more fragile?
What should receive adequate attention of the policy makers of the bank?
What should receive adequate attention of the policy makers of the bank?
What is the common view within general banking?
What is the common view within general banking?
What can be challenging for banks?
What can be challenging for banks?
What is a critical challenge in general banking?
What is a critical challenge in general banking?
Why are measures taken in general banking?
Why are measures taken in general banking?
What is challenging for banks in general banking?
What is challenging for banks in general banking?
What is crucial in general banking?
What is crucial in general banking?
