After opening an ac with the bank the ac holder once

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After opening an A/C with the bank, the A/C holder once again makes a request inthe name of ba nk for the issuance of a chequebook. The A/C holder mentions titleof A/C, A/C number, sign it p roperly and mentions the no of leaves he requires. Normally it issues a chequebook having at least 25 leaves. Every chequebook also contains one l eaf that is used for another issue of a Chequebook. Entry Of cheque book pg. 44
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Before issuance of a chequebook, the employee performs certain functions. Theyinclude: Stamping every leaf with specific A/C number. Enters it in the chequebook issue register. oCheck whether or not a senior officer has verified the signatures, if no thenfirst he gets them verified. If the check book is of photo account then be sure that each and every leaf of cheque book shoul d carry photo account stampAfter entry in the manual register, the employee issues the chequebo ok to the A/C holder after his/her signature on the register. Filling Of Account Opening Forms: For current and saving account, separate files are maintained in which the formsare pasted or pun ched in numerical order and kept under lock and key in fireproof steel or safe. This is because these forms are the basic documents of the contractwith the customer. Important Documents Used In the Account Opening Department: Liability Form: This particular form is used when an account is to be closed. The staff of account opening depart ment, after filling in the name and account number of the client forwards this form to the credit d epartment and the trade financedepartment who upon receipt of such liability form make require d scrutiny soas to check whether or not the customer owes some money to the bank or not. Account Statement Request Form: This small form is used to request for the account statement for the desired period. The client get s this Performa from the account-opening departmentand then, after filling it up, gives it to the co mputer section that gives thestatement to the client in printed form. Issuance Requisition: This requisition is used by the staff to order for any thing (e.g. stationary) theyneed. They write t he type and quantity of the stationary they need, get it signed bythe Manager Operations, give it to the person incharge of issuance of stationarywho on receipt of this requisition (duly signed) iss ues the stationary. Debit And Credit Vouchers: pg. 45
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These two vouchers are basically used when an account has to be closed. Thedebit voucher show s as to how much amount has to be taken from the client’saccount and the credit voucher shows a s to how much amount has to be credited asBank’s income, in order to facilitate the account closi ng process. Application To Close The Account: This is a pre printed application of the bank in which the client fills in the accountnumber, the titl e of the account and the type of account and requests the branchmanager to close his account wit h the Bank.
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