UCBs - KYC Guidelines – Accounts of Proprietary Concerns
RBI/2009-10/271
UBD.BPD.CO.NSBI/ 38 /12.03.000/2009-10
December 23, 2009
The Chief Executive Officer of
All Primary (Urban) Co-operative Banks
Dear Sir / Madam,
Know Your Customer (KYC) Guidelines – Accounts of Proprietary Concern
Please refer to the circular UBD.BPD.CO/NSB1/11/12.03.000/2009-10 dated September 29, 2009 on the captioned subject.
In partial modification of paragraph 3 (ii) thereof, it is advised that apart from the documents mentioned therein, any certificate / registration document issued by Sales Tax / Service Tax / Professional Tax authorities may also be considered for verification of the proof of name, address and activity of the Proprietary concern.
Yours faithfully,
(Dr. Sathyan David)
General Manager
CAclubindia
abhinav
Published in Community & General