How You Well Known By The Bank

Transparency or openness within certain limits or goals become a necessity in the form of trust. The lack of transparency, corruption, collusion, nepotism and Money Laundering Measures is very harmful to society and our nation, both economically and morally. It demands transparency will extend to all areas, including banking.

You should be familiar with the bank's potential cooperation partners, and vice versa. Banks should be familiar with the prospective customers. How do banks get to know you as a customer or prospective customer?. Here is some information that can help you.

How You well Known By Banks?

For financial institutions, banks are obliged to serve you as a customer or prospective customer. It required a complete and accurate data, so the bank can meet your needs in accordance with the promise or offer of the bank. Today's central bank has made? provisions.

You know how banks as clients as well, according to the principles of the Customer to know more popularly called the Know Your Customer Principles. As a society (Customers or prospective customers), it is appropriate for you to learn more.

What is Know Your Customer?

Know Your Customer Principle is the principle applied to the bank to find out your identity as a Customer, the Customer transaction monitoring activities including the reporting of suspicious transactions to the Center for Financial Reporting and Analysis transactions.

What is important you do?

You simply provide data or fill out completely and accurately. The data requested include name, residence address, occupation, field efforts, funding sources, the intended use of funds, the purpose of account opening.

What's in It for You Provide Complete and Accurate Data?

By providing complete and accurate data to the bank the benefit to you is:

* Make you more and more trusted by the bank.
With your data is complete and accurate then opening your account is received by the bank, your credit application is processed quickly, and many other convenience because you deserve to be trusted.

* Reduce your risk of doing business.
With complete and accurate data then sending the information / report your business does not fall into the other party that may pose a risk and unintended negative impacts.

* It has participated actively assist the government in preventing and combating corruption, collusion, nepotism and money laundering.

* With a complete and accurate data, then the business smoothly and your life is much quieter.

How to Know Your Bank?

There are two main things that made?, namely:
1. Identifying.
2. Monitor the activities of banking transactions, including the reporting of suspicious banking transactions.

Identification.
Your identification by the bank:
* At the time of account opening.
The bank will ask for your (potential customers) to fill a complete and accurate data.
* Updating your data.
This activity is done for you are already a customer, and is performed at a certain period.

Monitor transactions and report suspicious transactions.
The Bank will monitor your banking transactions and to report such transactions if there are:
* Suspicious banking transactions.
* Banking cash transaction with a certain amount.

Make sure you read the terms and conditions of any banking product that you will use!
( Let's To The Bank )

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