Professional Documents
Culture Documents
Deposits are classified under three categories (1) Monthly average balance below Rs.50000/It includes
(A) (i) All types of accounts opened in their name (ii)Accounts opened in the name of minor(s) as guardian (B) (i) All types of certificates in their name (ii) Certificates purchased in the name of minor(s) as guardian
PPT 5.1.1
between
(A) (i) All types of accounts opened in their name (ii)Accounts opened in the name of minor(s) as guardian (B) (i) All types of certificates in their name (ii) Certificates purchased in the name of minor(s) as guardian (A) (i) All types of accounts opened in their name (ii)Accounts opened in the name of minor(s) as guardian (B) (i) All types of certificates in their name (ii) Certificates purchased in the name of minor(s) as guardian
PPT 5.1.1
Copy of PAN card, Electoral photo ID, Ration Card, Passport, Driving License, ID from Central / State Govt. or PSU
Copy of the Not any of the Required documents i.e. Electoral Photo ID, Bank / PO Passbook, Current Electricity Bill, Current Telephone Bill or letter from any recognized authority
PPT 5.1.1
Copy of PAN card and copy of any one of the documents like Electoral photo ID, Ration Card, Passport, Driving License, ID from Central / State Govt. or PSU
Copy of the Not any of the Required documents i.e. Electoral Photo ID, Bank / PO Passbook, Current Electricity Bill, Current Telephone Bill
PPT 5.1.1
Copy of PAN card and copy of any one of the documents like Electoral photo ID, Ration Card, Passport, Driving License, ID from Central / State Govt. or PSU
PPT 5.1.1
Record Keeping
Category Documents required for opening A/C Recent Photograph Category-1 3 copies taken. One copy attested and pasted on A/c opening form or application for purchase, second attested and pasted in the passbook or certificate, third pasted in the Register maintained as per Rule-37(1) of POSB Man. Vol.I Identity and Address Proof A/C opening form or purchase application
Attached with A/c Kept in guard file duly opening form or attested by PM / APM / purchase SPM and preserved for application 10 years after close of A/c or discharge of certificate
PPT 5.1.1
Record Keeping
Category Documents required for opening A/C Recent Photograph Category-2 3 copies taken. One copy attested and pasted on A/c opening form or application for purchase, second attested and pasted in the passbook or certificate, third pasted in the Register maintained as per Rule___of POSB Man. Vol.I Identity and Address Proof A/C opening form or purchase application
Attached with A/c Kept in guard file duly opening form or attested by PM / APM / purchase SPM and preserved for application 10 years after close of A/c or discharge of certificate
PPT 5.1.1
Record Keeping
Category Documents required for opening A/C Recent Photograph Identity, Address and Source of funds proof Copy of ID proof, address proof and Source of funds attached with A/c opening form or purchase application. Address proof should have a remark Address Physically Verified with full dated signatures of verifying authority A/C opening form or purchase application Kept in guard file duly attested by PM / APM / SPM and preserved for 10 years after close of A/c or discharge of certificate
Category-3
3 copies taken. One copy attested and pasted on SB-3 or application for purchase, second attested and pasted in the passbook or certificate, third pasted in the Register
PPT 5.1.1
PPT 5.1.1
a. The channel of submission of such report will remain the same but list of such transaction is to be submitted on the next working day to the Divisional Head / Head of Circle / Principal Officer
PPT 5.1.1
Method of Monitoring of Transactions Suspected transaction where there is any doubt about linkage of the transaction with any terrorist outfit or where there is any suspicion about completing the CDD
a. All suspected transactions should be reported through the same channel immediately with full details of the customer. If any suspicion during CDD/KYC, the account should not be opened or certificate should not be issued and customer details should immediately be reported through the same channel
PPT 5.1.1
If difference in signature of depositor / holder at the time of payment of a transaction of Rs.50,000/- or above, full CDD/KYC documents should be taken as prescribed for category-1 for the new account / certificate holders Same procedure as prescribed for new account / certificate holders In case of existing account / certificate holders also, the reporting procedure as prescribed for new account / certificate holders will be followed In case of any suspected transaction of an existing account / certificate holder, report should immediately be sent through the same channel as prescribed for new account / certificate holder
Suspected transaction
PPT 5.1.1
Know Your Customer If customer submits Form-60 or 61 in duplicate while opening an A/c or purchasing a certificate, copy of PAN should not be insisted Copy of declaration sent to Income Tax Officer of the concerned area once in a month If the existing depositor or holder has already given KYC documents, he is not required to furnish documents again while opening another new account or purchase certificates For such customers, Customer Identification file is maintained assigning a serial No. Details of all investments made in same post office are kept in the file PPT 5.1.1
Know Your Customer The Customer Identification file is kept in the custody of Supervisor / APM / PM CIN number should be noted on the passbook or certificate by the Postmaster for further reference The GDS BPM / SPM should prepare a register of such depositor s or holders and while attending post office for opening of new account or purchase of certificate, the details of such investments should be noted CDD/KYC documents are also required for suspicious accounts opened for money laundering or terrorist financing
PPT 5.1.1