NOTICE
In terms of the Prevention of Money Laundering Act, 2002 and the rules
framed there under as well as the directions received from reserve Bank of
India on ‘Know Your Customer’ (KYC) norms, we are required to obtain
from our customers necessary proof of their identity and address at the time of
opening their account. Further, we are
required to update these records as per the prescribed periodicity (once in 5
years and once in 2 years depending on risk category of accounts) by
obtaining the latest copies of the
relevant documents.
In view
of the above, all customers whose accounts were opened up to 31st
March 2009 are required to immediately submit fresh proofs of their
identity and address alongwith two copies of
their recent passport size photograph to the branch maintaining their
account. This requirement is applicable to every individual maintaining account
in his / her personal name or in the name of a proprietary concern and each
Joint account Holder / Partner / Director / Trustee / HUF member/ and
authorized signatory. The details of the documents acceptable as proof of
identity / address are shown below.
|
Proof of
identity A.Two copies of
recent passport size photograph B.Original and a
Xerox copy of any one of the following documents bearing the duly attested
photograph of the account holder (The original will be returned after
verification) ·Passport ·Voter’s Identity Card ·Driving license ·Identity card/Confirmation from the employer/other bank (subject to
the satisfaction of the Bank) · Letter from a recognized public authority or public servant
verifying identity and residence to the satisfaction of the Bank |
Proof of
address Original and a
Xerox copy of any one of the following documents (The original will be
returned after verification) · Passport · Voter’s Identity card · Driving license · Telephone bill (not older than two months) · Bank account statement · Letter from any recognized public authority · Bank Account statement · Letter from any recognized public authority · Electricity Bill · Ration card · Letter from employer
(subject to the satisfaction of the Bank) In rural areas,
in the absence of any of the above documents, ration card/certificate from
local body/NGO/Micro Finance institutions may be produced for establishing
identity and address (subject to satisfaction of the Bank). |
If the requisite proofs are not
furnished by 31.01.2011, the Bank will be compelled, in compliance with the
statutory and regulatory guidelines, to freeze operations in the KYC
non-compliant accounts, without further notice to and at the risk,
responsibility and cost of the customer. The Bank may also, without prejudice
to any other action might take and at its discretion, permanently close such
KYC non-compliant accounts.
Customers may contact the branch
where their account is maintained for further information / clarification or
visit our website www.syndicatebank.in
.
We solicit the co-operation of
all our esteemed customers.
(H. N. Vishweshwar)
General Manager