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Your Responsibilities & Rights..........
02-13-2005, 08:18 PM
Post: #1
Your Responsibilities & Rights..........
Hi Dear Memebrs

I would like to give u some common rights/obligations in Pakistan of cutomer & banker.........

These are also precautions , failing to follow this faced vey bad time & exoperiences specialy in nationalized time of banking.......where FIA deals the cases....of bankin g fraud now....NAP is over seeing white colour crime......


Never Introduce Bank account of any strangers or non-reliable person....

Always count check book leaves on getting new check book before the issuing officer

Always open joint account & give authority to one of ur family member to operate the account…………to avoid legal complications in case of bad event

Withdraw amount rather then close your account
If u have nominal balance in ur a/c suppose Rs 300/- & want to withdraw the same & banker has refused u to do it then…..deposit more fund say Rs 1000/- now ur total deposit is Rs 1300/- Then withdraw by clearing from other account max. for Rs 1200/- becoz he cant return checks in clearing …What benefit u r getting here..? Because in banks, charges to close an account are at least Rs 500/- Hence the difference u have saved.( It is specially for students/trainee friends)

Make sure no service charges are being deducted by bank if u r (i) Students (ii) Mustahiqueen of Zakat (iii) or employees of Government/Semi-Government institutions for salary and pension purposes, no service charges for maintaining less than the prescribed minimum balance in the accounts .(Note Service charges does not mean Check book issue, check return charges…….etc….)


You can transfer your Bank account from one Branch to another branch without any fee easily with the same account number…….title………etc……….

Security of heck book is ur responsibility …………..do reasonable care in this regard….

U can withdraw cash from any Bank ATM Machine having one link symbol…..

If u deposited check /cash and u do not get credited it means
*** Ur check has bounced or
*** U have written in correct title of
a/c or a/c no heance ur amount have been credited in Sundry account.
(Provided there is no bad intention of the banker)



Before getting financing(Car/personal…etc..) from bank, always prepare ur cash out flows over the period of loan/financing……..Do not make fool by reading 7.5% low mark………Distinguish clearly b/w IRR & what we understand Simple Interest rate…..


Do not give copy of ur NIC to any one …………stranger or non reliable person ………….no never…………Even do no sale ur cell fone if purchaser/shopkeeper demand for Copy of NIC & undertaking that u r a bonafide holder……


Always check ur interest amount in credit card statement ……..if it is 2.5% then it should be 2.5% on outstanding balance………..

If u have any dispute with any banker…………..or where ur funds have been misappropriated by bank…….then
*complained in writing to Branch Manager confidently
* if not satisfied then complained to President of that Bank directly
* if not satisfied then Complained to governor state bank of Pakistan
(provided u ve obained recieving copy of ur complain from every office)but use soft words & precise factual un bias to get early reply.........

Utility services timing is 900 to 500 with the margin of namaz & lunh hour......

Regards



Kh. Ehrar Ul Hasan
APA,ACMA,CIA(Usa),MA(Eco),CIMA(Inter),IBP-Stage-I & II (Only Sky is the limit.$$$.....)
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