Address enter the complete businessresidential

Info icon This preview shows pages 27–30. Sign up to view the full content.

View Full Document Right Arrow Icon
Address: Enter the complete business/residential address. With in the bracke ts you may also provide prominent address identification marks for ease of physically locating the address. Contact Numbers: Enter home, official, mobile, fax number and e-mail address (if a vailable). Banker can verify the number by giving the customer a cou pg. 27
Image of page 27

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
rtesy call or by sending him an e-mail. Change Contact Numbers. After Opening A/C contact can be change by receiving an application from customer with specify new contract. Other/ secondary/ mailing address: Some customer may volunteer their parents or siblings’ addresso r second home address or a mailing address other than a permanent a ddress. Special instructions: Clear-cut special instructions must be obtained from customers. If the customer has not given any special instruction specified column must be cancelled by drawing a line, as this column must not be left b lank in any circumstance. Types Of Accounts: 1) Account of General Customers: Minor account Illiterate person account/Photo Account Joint account ASK Mahana Bchat Account Value Plus Saving Accounts Current accounts PLS Income Accounts ASDA Accounts Value Plus Current Accounts Dollar Accounts Euro Accounts Sterling Pond Accounts 2) Account Of Special Persons: Proprietorship account Partnership account Limited company’s account Accounts of club societies and associations Agent’s accounts Trust account/NGO Liquidator’s account executer’s and administrator’s account pg. 28
Image of page 28
ii. Remittances department: Functions of remittances department The functions of remittance departments are to handle with the following instruments: Pay Orde Demand Draft Foreign Demand Draft Pay slip Telegraphic Transfer Foreign Telegraphic Transfer Payment of Remittances Cancellation of pay order & demand draft The remittance department deals with the transfer of money from one place to another. Remittance can be made through: Instrument transfer Electronic transfer Mail transfer Instruments of the Remittances Departments PAY ORDER Pay order issued from one branch only be payable from the same branch. It is no rmally issued for payment in the same city. It is normally referred as banker's cheque. Get the application form. Issue pay order after recovering Chaques/ Cash Do necessary vouchering. Make entry in PO issue register. All pay order shall be crossed" payees account only" Duplicate Pay Order: Check the record to insure that payment has not been effected. Get application for issuing of duplicate PO. Recover charges. Issue duplicate pay order.
Image of page 29

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 30
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern