14 June 2013
Dear Sir / Mam, One of our client insisted to transfer his CC account from State Bank of India to Bank of Baroda as interest rates are low in BOB. But the transaction are very less in that account. So they are insisting to modify the Bank statement with larger transactions.
I want to know is there any system by which any of the bank can come to know about this. If yes, then what are the consequences of this.
Also for transfer BOB will ask for credit report from SBI. So what does that report reflects. If any one know its format then please let me know.
14 June 2013
applicablity of funds...is the 1st ques will be raised, which has been raised through CC?any transcation should have clear explanation which would otherwise keep ur client in problem.
CAclubindia
