Maintenance of Deposit accounts in Coperative Urban Banks

to government/ semi-government agencies/individuals, simple introduction along with photograph, may suffice.

(ix)               In case of accounts, which are likely to be used for putting through remittance transactions and for collection of cheques of substantial amounts besides business payments, deeper enquiries would be necessary on the part of the bank.

2.1.3   Introduction in Absentia

(i)                   When an introducer does not personally call at the branch to introduce an account, the fact of having introduced a new account should be got confirmed from him in writing.

(ii)                 In cases where the