NBFIs asked to introduce uniform A/C opening, KYC forms

Dhaka, Bangladesh (BBN)– The central bank of Bangladesh has asked the non-banking financial institutions (NBFIs) to introduce uniform account (A/C) opening and KYC( known your customer) forms by June 30.

The NBFIs have also been asked to inform about the matters to the Bangladesh Financial Intelligence Unit (BFIU) of the central bank by July 7 this year.

The Bangladesh Bank (BB) issued a circular in this connection on Sunday and asked the chief executive officers and managing directors of all 31 NBFIs to maintain all information of customers properly.

The central bank has taken the latest measures as per decision of the meeting of anti-money laundering officials of different NBFIs on March 11-12 last year.

The new form will have all relevant information of a custom—either personal or institutional and the form may be printed either in Bangla or in English, but the information must be mentioned in both Bangla and English.

BBN/SSR/AD-15Mar15-11:13 pm (BST)

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