A comprehensive guide on how to write a formal letter of thanks for professional, academic, or personal purposes. Includes format, tone, and best practices.
Category: JAIBB
Procedures for Opening Accounts and Required Documents
Learn the procedures for opening various types of bank accounts and the necessary documents required, including KYC, identity proof, and business registration.
Types of Deposit Accounts
Understand the different types of deposit accounts offered by banks, including savings, current, fixed deposit, and recurring deposit accounts, and their features.
Beneficial Owner (BO): A Key Element in Financial Transparency
Understand the concept of Beneficial Ownership in banking and its critical role in anti-money laundering (AML) and transparency regulations.
PEPs and IPs in Banking: Identification, Risks, and Compliance
Understand the importance of identifying Politically Exposed Persons (PEPs) and Influential Persons (IPs) in banking. Learn their risks and how banks ensure compliance through CDD and EDD.