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Banking Deposit Accounts

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196 Questions

The period of the ______ and rate of interest applicable to the deposit are matters to be agreed between the depositor and the bank.

deposit

Every person can open an account with the bank that is competent to ______ as per Contract Act, 1872.

contract

Proof of ______ and verification of the address of the customer are required for opening a deposit account.

identify

The ______ Signature Card is a document required for opening a deposit account.

Specimen

The ______ Form is a document required for opening a deposit account, which helps to know the customer.

Know Your Customer

Photographs of the ______ are required for opening a deposit account.

nominee(s)

Deposit mobilization is an integral part of ______ activity.

banking

Money placed into a ______ institution for safekeeping.

banking

Banks are diversifying sources of funds to reduce the dependency on funds from other ______.

banks

Every bank has already introduced several ______ schemes to attract deposits from various customers group.

deposit

The management of each bank is aware of the situation and it has already started diversifying sources of funds to reduce the dependency on ______ from other banks.

funds

Many a banks are opening branches all across the country to reduce dependence on ______ deposits.

urban

A Savings Bank account may be opened in the name of an adult individual or jointly who is/are mentally ______.

sound

The depositor(s) may withdraw money from the account twice in a ______ and may withdraw money up to 25% of the balance without notice.

week

If the balance is turned down below Tk.500 at any day of a particular ______, then he will not be entitled of interest for that month.

month

Considering the deposited amount of the first 6th date of each ______, interest will be paid on the minimum balance of the said month as per prescribed rate on June and December of each year.

month

Customer benefits of SB/CD/SND Account include a wide network of ______ (121 Branches all over Bangladesh).

Branches

Customer benefits of SB/CD/SND Account include the collection of ______ through DD/TT/MT Clearing.

cheques

Time deposits may be of Fixed Deposits, Short Notice Deposits, ______ Deposits, and a Large portion of Saving Deposits

Recurring

All the essential features of a valid ______ must be present when a banker opens an account

contract

For opening each type of account, some documents are commonly required, including ______ in Account Opening Forms

Duly filled

The ______ Transaction Profile Form is a document required for opening a deposit account

Expected

The ______ of the customer are required for opening a deposit account

Proof of identify

For opening a deposit account, ______ of the constituents are required

Photographs

Deposit mobilization is an integral part of ______ activity.

banking

The bank’s business is funded through deposits from retail and corporate customers as well as ______ money from local banks.

call

Every bank has already introduced several ______ schemes to attract deposits from various customers group.

deposit

Many a banks are opening branches all across the country to reduce dependence on ______ deposits.

urban

Money placed into a ______ institution for safekeeping.

banking

The management of each bank is aware of the situation and it has already started diversifying sources of funds to reduce the dependency on funds from other ______.

banks

Savings Bank account may be opened in the name of an adult individual or jointly who is/are mentally ______.

sound

If the depositor persistently withdraws more than twice in a ______ or a sum exceeding 25% of the balance in the account without notice, the depositor will not get interest for that month.

week

Considering the deposited amount of the first 6th date of each month, interest will be paid on the minimum balance of the said month as per prescribed rate on ______ and December of each year.

June

Customer benefits of SB/CD/SND Account include ______ payment service.

utility

SB Account may be open in the name of ______, Society or similar Institution.

Club

Customer benefits of SB/CD/SND Account include ______ card facilities.

debit

Every person can open an account with the bank that is competent to ______ as per Contract Act, 1872.

contract

For opening a deposit account, ______ of the constituents are required.

Photographs

The ______ Form is a document required for opening a deposit account, which helps to know the customer.

Know Your Customer

The ______ Signature Card is a document required for opening a deposit account.

Specimen

Common documents required for opening of deposit accounts include ______ in Account Opening Forms.

Duly filled

A bank's business is funded through deposits from retail and corporate customers as well as call ______ from local banks.

money

Deposit mobilization is an integral part of ______ activity.

banking

Savings Bank account may be opened in the name of an adult individual or jointly who is/are ______.

mentally sound

In case of Savings Bank A/c the depositor(s) may withdraw money from the account ______ in a week.

twice

Many a banks are opening branches all across the country to reduce dependence on urban ______.

deposits

Withdrawal money exceeding 25%, ______ days prior notice is required.

07

Money placed into a ______ institution for safekeeping.

banking

Every bank has already introduced several deposit ______ to attract deposits from various customers group.

schemes

Customer Benefits of SB/CD/SND Account include Wide network of ______ all over Bangladesh.

Branches

Customer Benefits of SB/CD/SND Account include ______ payment service.

Utility

Normal operations are not expected in ______ Accounts.

Dormant

If a cheque is presented for payment in a ______ Account, it should invariably be referred to the Manager / Authorized Officer of the account Branch.

Dormant

The operations of the concerned account is to be stopped immediately after receiving authenticated information of the ______ of a constituent.

death

Interest on the balance of ______ Bank Accounts will be paid upto the date of withdrawal / closing of the accounts as admissible under Savings Bank Accounts rules.

Savings

The account will be regular at the end of day processing of the ______ transaction date.

debit

Along with a certified copy of the statute, the following documents are required to open such an account: i) ______ Form ii) Specimen Signature Card iii) Mandate, which will authorize the person(s), to operate the Account.

Account Opening

The adoption of effective ______ standards is an essential part of banks' risk management policies.

KYC

KYC procedures refers to knowing a customer physically and ______.

financially

The verification procedures establishing the identity of a prospective customer should basically be the same whatever type of ______ or service is required.

account

It would be best to obtain the identification documents from the prospective customer which is the most difficult to obtain ______.

illicitly

Such persons will put their thumb impression on the Account opening form (Advice of New ______), specimen signature card etc. in presence of the Manager /Sub-Manager and the Introducer who will attest the thumb impression mentioning his Current Account Number.

A/c

The Manager/Sub-Manager should record a ______ to this effect on the back of the cheque.

Certificate

The accounts of any government or semi government organizations or a local body may be opened on obtaining the copy of the ______ or any other law by which the body was created and is governed.

Status

Two copies of ______ size photographs of the Account holder should be obtained duly attested by the Introducer and admitted by the Authorized officer of the Branch.

passport

A letter of ______ shall be obtained from the Account holder to the effect that he will not operate on the a/c unless he personally comes to the Bank and put his thumb impression on the cheques in presence of the Bank Manager/Sub-Manager who will attest the same on verifying the photograph of the depositor on Bank’s record.

undertaking

Nominee ___________ account holders having deposit accounts in their individual names or in joint names of two or more individuals can appoint a nominee to their accounts.

bank

Encashment at Maturity: Interest should be paid up to the date of __________ at the rate applicable for the relevant TDR.

Maturity

A person who receives the benefit in case of death of the account holder is a __________.

nominee

The account holder(s) chooses or nominates his/her nominee at the time of opening the __________ account.

bank

Encashment beyond Maturity: Interest up to the period of __________ should be paid at the rate applicable for the relevant TDR.

maturity

Interest for the period beyond the date of Maturity upto the date of withdrawal should be paid at the rate applicable for the __________ Bank Accounts with checking facility.

Savings

Premature encashment: In such cases deposit should be deemed to have been made up to the date of __________ and not up to the date of death.

withdrawal

The account holder can nominate one or more person as his/her __________.

nominee

Nominee can be appointed by the account holder(s) at the time of opening the account in their individual names or in joint names of two or more __________.

individuals

Interest should be paid and recovery of penal interest made in accordance with prevalent instructions regarding __________ encashment.

premature

Every person can open an account with the bank that is competent to ______ as per Contract Act, 1872.

contract

The period of the deposit and rate of interest applicable to the deposit are matters to be agreed between the depositor and the ______ under the terms of the deposit.

bank

For opening a deposit account, ______ of the constituents are required.

photographs

A) Fixed Deposits b) Short Notice Deposits c) ______ Deposits d) Large portion of Saving Deposits

Recurring

The ______ Form is a document required for opening a deposit account, which helps to know the customer.

Know Your Customer

Savings Bank account may be opened in the name of an adult individual or jointly who is/are mentally ______.

sound

The contractual relationships that exist between ______ and customer.

banker

SB Account may be open in the name of ______, Society or similar Institution.

Club

Customer complaint management involves ______ recording and resolution process.

complains

In case of Savings Bank A/c the depositor(s) may withdraw money from the account ______ in a week.

twice

Considering the deposited amount of the first 6th date of each ______, interest will be paid on the minimum balance of the said month as per prescribed rate on June and December of each year.

month

Bank deposits are kept in the various ______ in a bank.

accounts

Customer Benefits of SB/CD/SND Account include MICR ______ facility.

Cheque-book

The management of each bank is aware of the situation and it has already started diversifying sources of funds to reduce the dependency on funds from other ______.

banks

Mobilization of savings through intensive deposit collection has been regarded as the major task of ______ activity.

banking

In a Dormant Account, a cheque is presented for payment should invariably be referred to the ______ of the account branch.

Manager

The operations of the concerned account is to be stopped immediately after receiving authenticated information of the ______ of a constituent.

death

Interest on the balance of Savings Bank Accounts will be paid upto the date of ______ / closing of the accounts as admissible under Savings Bank Accounts rules.

withdrawal

The account will be regular at the end of day processing of the ______ transaction date.

debit

Customer may request to account Branch for activation of his/her dormant account at first for verifying the ______ of the drawing.

genuineness

Along with a certified copy of the statute, the following documents are required to open such an account: i) Account Opening Form ii) Specimen ______ Card iii) Mandate, which will authorize the person(s), to operate the Account.

Signature

The verification procedures establishing the identity of a prospective customer should basically be the same whatever type of ______ or service is required.

account

It would be best to obtain the identification documents from the prospective customer which is the most difficult to obtain ______.

illicitly

Sound KYC Policies and Procedures not only contribute to the bank's overall safety and soundness, they also protect the integrity of the ______ system by reducing money laundering, terrorist financing and other unlawful activities.

banking

The adoption of effective ______ standards is an essential part of banks' risk management policies.

KYC

Such persons will put their thumb impression on the Account opening form (Advice of New ______) etc.in presence of the Manager /Sub-Manager and the Introducer who will attest the thumb impression mentioning his Current Account Number.

A/c

A letter of ______ shall be obtained from the Account holder to the effect that he will not operate on the a/c unless he personally comes to the Bank and put his thumb impression on the cheques in presence of the Bank Manager/Sub-Manager who will attest the same on verifying the photograph of the depositor on Bank’s record.

undertaking

Along with a certified copy of the statute, the following documents are required to open such an account: i) ______ Form ii) Specimen Signature Card iii) Mandate, which will authorize the person(s), to operate the Account.

Application

The Manager/Sub-Manager should record a ______ to this effect on the back of the cheque.

Certificate

The ______ of any government or semi government organizations or a local body may be opened on obtaining the copy of the status or any other law by which the body was created and is governed.

accounts

Term Deposit Accounts: Premature encashment: In such cases deposit should be deemed to have been made up to the date of withdrawal and not up to the date of ______.

death

Nominee Bank account holders having deposit accounts in their individual names or in joint names of two or more individuals can appoint a ______ to their accounts.

nominee

Interest should be paid up to the date of Maturity at the rate applicable for the relevant ______.

TDR

Interest for the period beyond the date of Maturity upto the date of withdrawal should be paid at the rate applicable for the ______ Bank Accounts with checking facility.

Savings

The account holder(s) chooses or nominates his/her ______ at the time of opening the bank account.

nominee

A person who receives the benefit in case of death of the account holder is a ______.

nominee

Encashment at Maturity: Interest should be paid up to the date of ______ at the rate applicable for the relevant TDR.

Maturity

Premature encashment: Interest should be paid and recovery of penal interest made in accordance with prevalent instructions regarding ______ encashment.

premature

Encashment beyond Maturity: Interest up to the period of maturity should be paid at the rate applicable for the relevant ______.

TDR

Nominee Bank account holders having deposit accounts in their individual names or in joint names of two or more individuals can appoint a ______ to their accounts.

nominee

Deposit mobilization is an integral part of ______ activity.

banking

Money placed into a ______ institution for safekeeping.

banking

For opening a deposit account, some documents are commonly required which are mentioned below, including a) Duly filled in Account Opening Forms, b) Proof of ______, verification of the address of the customer.

identify

Bank deposits are kept in the various ______ in a bank.

accounts

Many a banks are opening branches all across the country to reduce dependence on ______ deposits.

urban

Every person can open an account with the bank that is competent to ______ as per Contract Act, 1872.

contract

Every bank has already introduced several ______ schemes to attract deposits from various customers group.

deposit

The period of the deposit and rate of ______ applicable to the deposit are matters to be agreed between the depositor and the bank under the terms of the deposit.

interest

The account holder can nominate one or more person as his/her ______.

nominee

Time deposits may be of: a) ______ Deposits, b) Short Notice Deposits, c) Recurring Deposits.

Fixed

Savings Bank account may be opened in the name of an adult individual or jointly who is/are mentally ______.

sound

In some cases SB Account may be open in the name of ______, Society or similar Institution.

Club

Considering the deposited amount of the first 6th date of each month, interest will be paid on the minimum balance of the said month as per prescribed rate on ______ and December of each year.

June

If the balance is turn down below Tk.500 at any day of a particular ______, then he will not be entitled of interest for that month.

month

Customer Benefits of SB/CD/SND Account include Wide network of ______ all over Bangladesh.

Branches

Persons with ______ impressions can also open an account.

thumb

Two copies of ______ size photographs of the account holder should be obtained.

passport

A letter of ______ shall be obtained from the account holder.

undertaking

The Manager/Sub-Manager should record a ______ on the back of the cheque.

Certificate

The accounts of any government or semi government organizations or a local body may be opened on obtaining the copy of the ______ or any other law by which the body was created and is governed.

status

Banks with inadequate KYC program may be subject to significant risks, especially legal and reputational ______.

risk

KYC procedures refers to knowing a customer ______ and financially.

physically

Along with a certified copy of the statute, the following documents are required to open such an account: i) Account Opening Form ii) Specimen ______ Card iii) Mandate, which will authorize the person(s), to operate the Account.

Signature

Sound KYC Policies and Procedures not only contribute to the bank's overall safety and soundness, they also protect the integrity of the ______ system by reducing money laundering, terrorist financing and other unlawful activities.

banking

The verification procedures establishing the identity of a prospective customer should basically be the same whatever type of account or ______ is required.

service

Normal operations are not expected in ______ Accounts.

Dormant

Customer may request to account Branch for activation of his/her ______ account at first for verifying the genuineness.

dormant

As soon as any authenticated information is received by the bank as to the death of a constituent, the operations of the concerned account is to be stopped immediately. Since then the account would have been termed as ______ account.

Deceased

Interest on the balance of Savings Bank Accounts will be paid upto the date of withdrawal / closing of the accounts as admissible under Savings Bank Accounts ______.

rules

If a cheque is presented for payment in a ______ Account, it should invariably be referred to the Manager / Authorized Officer of the account Branch.

Dormant

Nominee can be appointed by the account holder(s) at the time of opening the account in their individual names or in joint names of two or more ______.

individuals

The operations of the concerned account is to be stopped immediately after receiving authenticated information of the ______ of a constituent.

death

The account holder(s) chooses or nominates his/her nominee at the time of opening the ______ account.

bank

Premature encashment: In such cases deposit should be deemed to have been made up to the date of ______ and not up to the date of death.

withdrawal

Interest should be paid and recovery of penal interest made in accordance with prevalent instructions regarding ______ encashment.

premature

The verification procedures establishing the identity of a prospective customer should basically be the same whatever type of ______ or service is required.

account

Savings Bank account may be opened in the name of an adult individual or jointly who is/are ______.

mentally sound

The customer may request to account Branch for activation of his/her dormant account at first for verifying the ______ of the drawing.

identity

Deposit mobilization is an integral part of ______ activity.

banking

For opening a deposit account, some documents are commonly required which are mentioned below, including a) Duly filled in Account Opening Forms, b) Proof of ______, verification of the address of the customer.

identity

Time deposits may be of ______ deposits.

Fixed

Every person can open an account with the bank that is competent to ______ as per Contract Act, 1872.

contract

For opening each type of account some documents are commonly required which are mentioned below, including ______ filled in Account Opening Forms.

duly

The period of the deposit and rate of ______ applicable to the deposit are matters to be agreed between the depositor and the bank.

interest

For opening a deposit account, some documents are commonly required which are mentioned below, including ______ of identify, verification of the address of the customer.

proof

Mobilization of savings through intensive deposit collection has been regarded as the major task of ______ activity.

banking

Bank deposits are kept in the various ______ in a bank.

accounts

Every bank has already introduced several deposit schemes to attract deposits from various ______ group.

customers

The management of each bank is aware of the situation and it has already started diversifying sources of funds to reduce the dependency on funds from other ______.

banks

Many a banks are opening branches all across the country to reduce dependence on ______ deposits.

urban

The adoption of effective ______ standards is an essential part of banks' risk management policies.

KYC

Banks with inadequate ______ program may be subject to significant risks, especially legal and reputational risk.

KYC

Sound ______ Policies and Procedures not only contribute to the bank's overall safety and soundness, they also protect the integrity of the banking system.

KYC

To conduct an effective ______, it is essential to accumulate complete and accurate information about the prospective customer.

KYC

The verification procedures establishing the identity of a prospective customer should basically be the same whatever type of account or ______ is required.

service

Savings Bank account may be opened in the name of an adult individual or jointly who is/are __________

mentally sound

In case of Savings Bank A/c the depositor(s) may withdraw money from the account __________ in a week

twice

Withdrawal money exceeding 25%, __________ days prior notice is required

seven

Customer Benefits of SB/CD/SND Account include __________ payment service

utility

Considering the deposited amount of the first 6th date of each month, interest will be paid on the minimum balance of the said month as per prescribed rate on __________ of each year

June and December

Normal operations are not expected in ______ Accounts.

Dormant

Customer may request to account Branch for activation of his/her ______ account at first for verifying the genuineness.

dormant

As soon as any authenticated information is received by the bank as to the death of a constituent, the operations of the concerned account is to be stopped immediately, and then the account would have been termed as ______ account.

deceased

Interest on the balance of Savings Bank Accounts will be paid upto the date of withdrawal / closing of the accounts as admissible under Savings Bank Accounts rules, irrespective of the date of expiry of the ______.

depositor

The account will be regular at the end of day processing of the ______ transaction date.

debit

Such persons will put their thumb impression on the Account opening form (Advice of New A/c), specimen signature card etc. in presence of the Manager /Sub-Manager and the ______ who will attest the thumb impression mentioning his Current Account Number.

Introducer

Two copies of passport size photographs of the Account holder should be obtained duly attested by the ______ and admitted by the Authorized officer of the Branch, one of which should be kept attached with the specimen signature card.

Introducer

The accounts of any government or semi government organizations or a local body may be opened on obtaining the copy of the ______ or any other law by which the body was created and is governed.

status

A letter of ______ shall be obtained from the Account holder to the effect that he will not operate on the a/c unless he personally comes to the Bank and put his thumb impression on the cheques in presence of the Bank Manager/Sub-Manager who will attest the same on verifying the photograph of the depositor on Bank’s record.

undertaking

The Manager/Sub-Manager should record a ______ to this effect on the back of the cheque.

Certificate

A person who receives the benefit in case of death of the account holder is a __________.

nominee

Encashment at Maturity: Interest should be paid up to the date of __________ at the rate applicable for the relevant TDR.

Maturity

Deposit should be deemed to have been made up to the date of withdrawal and not up to the date of __________.

death

Interest should be paid up to the period of __________ at the rate applicable for the relevant TDR.

maturity

Nominee __________ account holders having deposit accounts in their individual names or in joint names of two or more individuals can appoint a nominee to their accounts.

Bank

Interest for the period beyond the date of Maturity upto the date of withdrawal should be paid at the rate applicable for the __________ Bank Accounts with checking facility.

Savings

The account holder(s) chooses or nominates his/her nominee at the time of opening the __________ account.

bank

The account holder can nominate one or more person as his/her nominee at the time of opening the __________ account.

bank

Encashment beyond Maturity: Interest up to the period of __________ should be paid at the rate applicable for the relevant TDR.

maturity

Premature encashment: In such cases deposit should be deemed to have been made up to the date of withdrawal and not up to the date of __________.

death

Learn about the different types of time deposits, including fixed deposits, short notice deposits, and recurring deposits. Understand the essential features of a valid contract for opening a deposit account with a bank.

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