banking

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UNIVERSITY OF KARACHI

ASSIGNMENT
OF
BAKING OPERATION AND MARKETING

PREPARED FOR: SIR Khalid Jamil Ansari
DEPARTMENT: Karachi University Business School
SEMESTER: 2nd semester
SUBJECT: Banking Operations

CONTENT
1. How many types of customers and elaborate it ________________01 2. How divers type of account also explain them?__________ 03
3. What are the basic requirements as far as concerns opening of an account?__________________________________________04

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Q1.How manifold types of customers and elaborate it?
There are separate types of customer which are given while below: •General
•Joint account
•Minor
•Parda nasheen
• Illiterate persons
•Trustees
•Joint garner companies
•insane

•Minor
Minor is a person who is less than 18 years and has not completed 18 years. In that particular occurrence a guardian will be appointed against the minor by a court or it can be the relative of the smaller. After appointing a guardian the years of discretion of minor become 21.so, he becomes desirable to open an account. But outside of permission of guardian minor can not transact any money from the bank. When petty become 18 the account officially handed outer to minor (who become 18 after this).

•General customer
The customer who operates the computation individual and don’t need to take ~ one kind of permission before debit or credit. In these kinds of reputation person needs to give its CNIC, physical information and source of income.

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•Parda nasheen
Parda nahseen women are likewise a customer of the bank. They cozen pardon as per the religious exigency. They don’t show their faces to the bank nevertheless by submitting CNIC and their thumb idea they become eligible to open every account. However, if under special environment, such an account is opened; pair respectable persons known to the cognate line invariably attest the signatures on the inventory opening form and on the withdrawals ~ dint of. withdrawal slips. •Illiterate persons

An unlearned person means a person who be able to’t sign his name....

Continues because 4 more pages »

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