Wednesday, August 10, 2011

Re: [ vuZs.net ] Related to Presentation n viva (Fin619)

thanks umeed for your detailed answer ...God bless u sister!

On Tue, Aug 9, 2011 at 11:27 PM, umeed.e.subh <umeed_e_subh@vuzs.net> wrote:
  • Specimen Signature Card  (SS card)

After getting relevant thing there comes the turn of SS card, this is a card on which 
specimen of signature will be obtained from depositor at the time of opening of account 
(once). A specially designed card is used for this purpose, this card is always counter 
signed by an official of bank having IBS number, officials below rank or not having IBS 
number are not eligible to counter sign it. 
For illiterate person a recent picture of the newly account holder is taken and attached 
with SS Card, as they cannot sign so for that purpose except sign there thumb impression 
is taken along with picture.
To reduce the risk of frauds and misuse of the cheques of an illiterate person the 
specimen signature card and account opening form both are stamped by the Personal  
Visit stamp. Persons who are using thumb impression, it is very important for them to 
visit personally for every transaction done from their account.

  • Next of Kin 
Next of kin is the person who is closest to the account holder in blood relations. He is the person  who is entitled to the bank balance of the account holder in case of account holder is died or lost. Bank consult to this person at first for inquiring the account holder's where about. Account holder needs to give his/her name in the form while opening account at bank.

Please read this account openig form you will find Next of kin. It might help you. 


  • KYC

KYC stands for Know Your Customer. For further detail about it, read this article. 


  • BBA account
BBA stands for Bank Basic Account is a type of account. Some features are as under:

Basic Banking Account (BBA)
  • Can be opened with only Rs. 1,000
  • No minimum balance requirement
  • Up to 2 withdrawal and 2 deposit transactions free every month
  • Unlimited withdrawals through HBL DebitCard
  • Non-profit bearing
  • Statement of account will be issued once in a year.
Its features can be varied according to the bank's preferences and policies. 


Regards
Umeed





On Tue, Aug 9, 2011 at 7:59 AM, Marina Khan <damsel.khan@googlemail.com> wrote:
Anyone, 

Please explain these banking operations (Specially Askari bank Internees)   

  • SS card
  • LC 
  • BBA account
  • KYC
  • Next of Kin 

--


Marina Khan 

--
--
Please visit www.vuzs.net For Current & Old Papers, Quizzes, Assignments and study material.
--
You received this message because you are subscribed to the Google
Groups "vuZs" group.
--
To post a new message on this group, send email to vuZs@googlegroups.com
--
Message Posting Rules: http://vuzs.net/faq/4795-vuzs-google-groups-basic-rules-for-posting-messages.html
--
To unsubscribe from this group, send email to vuZs+unsubscribe@googlegroups.com
--
To join this group Send blank email from your virtual university email address to
vuZs+subscribe@googlegroups.com
or visit
http://groups.google.com/group/vuZs/subscribe
---
For more information Contact vuZs Manager at info@vuzs.net

--
--
Please visit www.vuzs.net For Current & Old Papers, Quizzes, Assignments and study material.
--
You received this message because you are subscribed to the Google
Groups "vuZs" group.
--
To post a new message on this group, send email to vuZs@googlegroups.com
--
Message Posting Rules: http://vuzs.net/faq/4795-vuzs-google-groups-basic-rules-for-posting-messages.html
--
To unsubscribe from this group, send email to vuZs+unsubscribe@googlegroups.com
--
To join this group Send blank email from your virtual university email address to
vuZs+subscribe@googlegroups.com
or visit
http://groups.google.com/group/vuZs/subscribe
---
For more information Contact vuZs Manager at info@vuzs.net



--


Marina Khan 

--
--
Please visit www.vuzs.net For Current & Old Papers, Quizzes, Assignments and study material.
--
You received this message because you are subscribed to the Google
Groups "vuZs" group.
--
To post a new message on this group, send email to vuZs@googlegroups.com
--
Message Posting Rules: http://vuzs.net/faq/4795-vuzs-google-groups-basic-rules-for-posting-messages.html
--
To unsubscribe from this group, send email to vuZs+unsubscribe@googlegroups.com
--
To join this group Send blank email from your virtual university email address to
vuZs+subscribe@googlegroups.com
or visit
http://groups.google.com/group/vuZs/subscribe
---
For more information Contact vuZs Manager at info@vuzs.net
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)