Banking

2. ABOUT ASKARI BANK
Bank’s Vision:
To be the bank of first choice in the region.
Bank’s Mission:
To be the leading bank in Pakistan with an
international presence, delivering quality service
through innovative technology and effective human
resource management in a modern and progressive
organizational culture of meritocracy, maintaining
high ethical and professional standards, while
providing enhanced value to all their stakeholders,
and contributing to society.

3. Account Opening Procedure

4. Decide Title Of Account You Want To Open
Fixed Account
Saving
Account

5. Approach To Bank Of Choice And Meet Its
Banker
Approach A Convenient
Banker For Information
Provide An Account Opening
Form(AOF)

6. Fill & Submission of Account Opening Form
Provide Necessary Details
Provide Necessary
Documentation

7. Give References
Reference Of The Prospective A/C
Holder By Any Of Existing A/C
Holder
To Safeguard Interest Of Bank

8. Verification Process
Completion Of AOP Form In
All Respect
Verification Of Documents

9. Deposit Initial Amount to open
account
Necessary Amount To Be
Deposited
Bank Provide Pass Book, Cheque
Book and Other Necessities

10. Account Opening Form
•Title of Account
•Address
•Identity Card number
•Telephone number (Office and Residence)
•Introductory Reference (all above mentioned particulars of
introducer)
•Signatures of the applicant
•Amount deposited
•Check book series
•Attach a copy of National Identity Card
•Specimen Signature Card

11. Specimen Signature Card

12. Cheque Book Request Form

13. Should Be Of
Sound Mind
Age Of
Majority
Not
Restricted By
Any Law
Who can be the Customer?

14. Documentation

15. Individual Account
Valid CNIC
PASSPORT
Job card
source of income
AOF- Account Opening form
SSC- specimen signature card

16. Company Account
Valid CNIC of director’s
Company Letter Head,
Partnership Deed
Memo
Article
AOP FORM
 SSC

17. VALID CNIC OF Guardian’s
B Form
Birth Certificate
AOP FORM
SSC
Job card of guardians
MINOR ACCOUNT

18. 1.NICOP-National Identity Card For Overseas
Pakistani
2.NTN-National Tax Number
1.Partnership Deed, partnership Certificate Of
Registration
2.Memo & Article Of Association
3.Coi-certificate Of Incorporation
1.Ccb-certificate Of Commencement Of Business
2.Club Association Documents
3.License Of Importer And Exporter
Verices Need To Be Done Through

19. FLOW CHART OF ACCOUNT OPENING
PROCESS

20. What is Money Laundering?
“The process of changing
the identity of illegally
obtained money so that it
appears to have originated
from a legitimate source”

21. Drugs/Arms
Trafficking
Terrorism Extortion
Criminal Activities
Appears to Originate
from legitimate source
Illegally obtained
Money
conversion
bank
Money Laundering

22. Money Laundering Process

23. MONEY LAUNDRING PROCESS

24. Terrorist Financing
“The financing of terrorism can
be described as the process by
which a person tries to collect or
provide funds with the intention
that they should be used to carry
out a terrorist act by a terrorist
or a terrorist organization”

27. International
Regulations
KYC
AMLO 2007
UNO
Egmont Group
FIU
Mutual Legal
Assistance provision
Detect Terrorist
Financing
Anti-Money Laundering
CDD
EDD

28. AKBLAML Unit Policy
$

29. Regulatory Frame work

30. Conducted Operations in
conformity with high ethical
standards, banking laws and
regulations
Specific Procedures
Suitable training to employees
Continuous Monitoring

31. Conclus

32. Any
Questions