C A R M-8

Branch: NARSIPATNAM

For the Month of December- 2014

REPORT ON KNOW YOUR CUSTOMER (KYC) Guidelines and ANTI MONEY

LAUNDERING (AML Standards)
S
No

Point of Verification

Whether prescribed application is obtained, duly filled and

kept on record (for both deposit and borrowal accounts)
Whether Personal Data Form is obtained, duly filled up
(Separate Personal Data form to be obtained from each of
the Joint account holders(individual accounts) as well as
authorized representatives in case of non-individual
accounts
Whether two recent passport size photographs (for every
individual and each authorized signatory (in case of non
individuals) are obtained. Whether PAN/Form 60/61 is
obtained
Whether Proof of identification and Residential address of
every account holder in case of Joint accounts and every
authorized representatives in case of non-individual
accounts obtained
Persons in Rural and Urban Areas:
Whether declaration in the prescribed format is obtained in
case the individuals who are unable to submit the required
documents as proof of identity and address
Whether introduction is obtained for no frills account
(under SCIP) from another account holder who has
complied with KYC Procedure.

7
8
9
10
11
12
13
14

Whether Interview and Customer Due Diligence Form

(DDF) is duly filled in and signed by the interviewing officer
Whether the DDF is duly signed by the applicant
Whether the Branch has obtained the correct form
(Separate forms for individuals and Non individuals to be
obtained)
Whether the DDF is duly signed by the Authorized
Officer /Manager specifying the Risk categorization
Whether reasons are recorded in case the account opening
is not permitted ( such applications are filed separately)
Whether Action Taken format is duly filled in and the staff
member opening the account and the officer authorizing
the account opened have subscribed their signatures
Whether branch is keeping record of acknowledgements of
letters sent to customer / introducers and the same is
recorded in customer Due Diligence form.
Whether the branch is monitoring the transactions in the
account to identify suspicious transactions and maintaining
register of the same (237 10/14 dated 31.08.05)

Furnish Account
numbers in case of
deviation
Yes
Yes

Yes

Yes

Yes

No such accounts

Yes
Yes
Yes
Yes
No such cases
Yes
Yes
Yes

15
16

Whether branch is regularly submitting Monthly Reports as

per Circular No 237/10/14 dated 31.08.2005
Whether the associations receiving proceeds of Foreign
Cheques/ DDs/TTs are registered or obtained permission
from Ministry of Home affairs for receiving such
contributions.

Yes
NA

(Deviations observed are furnished in the above report).

ANNEXURE to CAR M-8
Position with regard to KYC Compliance in respect of Accounts opened during the month:
No

Details

Non-individual a/cs

Individual a/cs

2.a

A/cs coming under

the
purview
of
simplified
customer
identification
procedure
A/cs coming under
the
purview
of
detailed
KYC
procedure
Total

2.b

Total No. of A/cs

opened during the
month
3

Of which, No. of
a/cs KYC compliant

No. of a/cs KYC

Non-compliance

3
694

NIL

694
0

NIL

NIL

694

694

NIL

NIL

Details of KYC non-compliant accounts

No
1
2
3
4
5

Name of the A/c

holder

Account Number
NIL
NIL
NIL
NIL
NIL

Individual/Nonindividual

Remarks