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PPB Capsule Cards PRO Operational Aspects of KY…
What are the critical technological requirements for conducting a Video-based Customer Identification Process (V-CIP)?
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Video-based CIP (V-CIP)
Operational Aspects of KYC 39
WA 39
PPB Capsule Cards PRO Operational Aspects of KY…
Under the Customer Acceptance Policy, is a bank permitted to open an account in an anonymous or fictitious/benami name?
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Anonymous Accounts Prohibition
Operational Aspects of KYC 38
WA 38
PPB Capsule Cards PRO Operational Aspects of KY…
How many specific business documents are required for the Customer Due Diligence of a Sole Proprietary Firm?
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Sole Proprietary Firms CDD
Operational Aspects of KYC 33
WA 33
PPB Capsule Cards PRO Operational Aspects of KY…
What is the ownership threshold to determine the 'Beneficial Owner' in a Partnership Firm or a Trust?
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Beneficial Owner: Partnership/Trust
Operational Aspects of KYC 33
WA 33
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If a customer's current address is not on their OVD, what 'Deemed OVDs' can be accepted temporarily?
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Deemed OVDs for Updated Address
Operational Aspects of KYC 32
WA 32
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For financial inclusion, what are the restrictions on 'Small Accounts' opened without an OVD?
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Small Accounts Limitations
Operational Aspects of KYC 32
WA 32
PPB Capsule Cards PRO Operational Aspects of KY…
At what frequency must banks conduct periodic KYC updation for high, medium, and low-risk customers?
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Periodic KYC Updation Timelines
Operational Aspects of KYC 31
WA 31
PPB Capsule Cards PRO Operational Aspects of KY…
At what monetary threshold must a bank perform Customer Identification Procedures (CIP) for walk-in customers doing non-account based transactions?
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Walk-in Customer CIP Threshold
Operational Aspects of KYC 29
WA 29
PPB Capsule Cards PRO Operational Aspects of KY…
What is the maximum aggregate balance limit allowed in a deposit account opened via non-face-to-face OTP-based Aadhaar e-KYC?
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OTP-Based e-KYC: Balance Limit
Operational Aspects of KYC 29
WA 29
PPB Capsule Cards PRO Operational Aspects of KY…
What is the maximum limit for aggregate credits in a financial year for an account opened via OTP-based Aadhaar e-KYC?
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OTP-Based e-KYC: Credit Limit
Operational Aspects of KYC 29
WA 29
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As per RBI guidelines, what are the exactly six designated 'Officially Valid Documents' (OVDs) accepted for KYC purposes?
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Officially Valid Documents (OVD)
Operational Aspects of KYC 28
WA 28
PPB Capsule Cards PRO Operational Aspects of KY…
What is the ownership threshold to identify a 'Beneficial Owner' in a Company for KYC purposes?
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Beneficial Owner: Companies
Operational Aspects of KYC 28
WA 28
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What term describes individuals recruited by fraudsters to receive illicit cheque deposits or wire transfers into their accounts?
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Money Mules
Operational Aspects of KYC 26
WA 26
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Is it mandatory for a customer to provide a PAN card to execute banking transactions exceeding specified limits?
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PAN Quoting Requirement
Operational Aspects of KYC 23
WA 23
PPB Capsule Cards PRO Operational Aspects of KY…
What is the RBI restriction regarding the issuance of Demand Drafts or Pay Orders for large amounts?
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Demand Draft Issuance Rule
Operational Aspects of KYC 22
WA 22
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At what amount must domestic wire transfers be accompanied by detailed originator information?
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Wire Transfers: Domestic Limit
Operational Aspects of KYC 21
WA 21
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Within how many days must a bank upload a customer's KYC data to the Central KYC Records Registry (CKYCR)?
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CKYCR Upload Timeline
Operational Aspects of KYC 19
WA 19
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In the 'Digital KYC' process using a mobile app, what must be captured alongside the physical OVD?
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Digital KYC Process
Operational Aspects of KYC 24
WA 24
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What simplified KYC rules apply when opening savings accounts for Self-Help Groups (SHGs)?
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Simplified Due Diligence (SHGs)
Operational Aspects of KYC 23
WA 23
PPB Capsule Cards PRO Operational Aspects of KY…
What is the limit on foreign remittances credited to an NRO account of a foreign student pending local address verification?
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Foreign Students NRO Account
Operational Aspects of KYC 23
WA 23
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Operational Aspects of KYC — JAIIB PPB Capsules

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Video-based CIP (V-CIP) What are the critical technological requirements for conducting a Video-based Customer Identification Pr… Anonymous Accounts Prohibition Under the Customer Acceptance Policy, is a bank permitted to open an account in an anonymous or fictitio… Sole Proprietary Firms CDD How many specific business documents are required for the Customer Due Diligence of a Sole Proprietary F… Beneficial Owner: Partnership/Trust What is the ownership threshold to determine the 'Beneficial Owner' in a Partnership Firm or a Trust? Deemed OVDs for Updated Address If a customer's current address is not on their OVD, what 'Deemed OVDs' can be accepted temporarily? Small Accounts Limitations For financial inclusion, what are the restrictions on 'Small Accounts' opened without an OVD? Periodic KYC Updation Timelines At what frequency must banks conduct periodic KYC updation for high, medium, and low-risk customers? Walk-in Customer CIP Threshold At what monetary threshold must a bank perform Customer Identification Procedures (CIP) for walk-in cust… OTP-Based e-KYC: Balance Limit What is the maximum aggregate balance limit allowed in a deposit account opened via non-face-to-face OTP… OTP-Based e-KYC: Credit Limit What is the maximum limit for aggregate credits in a financial year for an account opened via OTP-based… Officially Valid Documents (OVD) As per RBI guidelines, what are the exactly six designated 'Officially Valid Documents' (OVDs) accepted… Beneficial Owner: Companies What is the ownership threshold to identify a 'Beneficial Owner' in a Company for KYC purposes? Money Mules What term describes individuals recruited by fraudsters to receive illicit cheque deposits or wire trans… PAN Quoting Requirement Is it mandatory for a customer to provide a PAN card to execute banking transactions exceeding specified… Demand Draft Issuance Rule What is the RBI restriction regarding the issuance of Demand Drafts or Pay Orders for large amounts? Wire Transfers: Domestic Limit At what amount must domestic wire transfers be accompanied by detailed originator information? CKYCR Upload Timeline Within how many days must a bank upload a customer's KYC data to the Central KYC Records Registry (CKYCR… Digital KYC Process In the 'Digital KYC' process using a mobile app, what must be captured alongside the physical OVD? Simplified Due Diligence (SHGs) What simplified KYC rules apply when opening savings accounts for Self-Help Groups (SHGs)? Foreign Students NRO Account What is the limit on foreign remittances credited to an NRO account of a foreign student pending local a…
Chapters in this paper
Banker-Customer Relationship Principles of Lending, Different Types of Borrowers, and Types of Credit Facilities Essentials of Bank Computerisation Ethics, Business Ethics & Banking: An Integrated Perspective AML- KYC Guidelines Appraisal and Assessment of Credit Facilities Operational Aspects of CBS Environment Ethics at the Individual Level Operational Aspects of KYC Operational Aspects of Loan Accounts Alternate Delivery Channels – Digital Banking Ethical Dimensions: Employees Opening Accounts of Various Types of Customers Types of Collaterals and their Characteristics Data Communication Network and EFT Systems Work Ethics and the Workplace
Modules in PPB
MODULE A: General Banking Operations MODULE B: Functions of Banks MODULE C: Banking Technology MODULE D: Ethics in Banks and Financial Institutions
JAIIB papers
IE-IFS — Indian Economy & Indian Financial System PPB — Principles & Practices of Banking AFM — Accounting & Financial Management for Bankers RBWM — Retail Banking & Wealth Management
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