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Semester Fall 2017
Banking Laws & Practices (BNK601)
Due Date January 24, 2018 Marks 10
Banker Customer Relationship
Mr. Aslam is an illiterate person, recently he has sold out his agricultural land, and wants to
deposit the proceeds in nearby bank branch of ABC Bank Ltd. Being the account opening officer
in that bank, you are required to guide Mr. Aslam in the following situations:
1. There is no PHOTO on the CNIC of Mr. Aslam. Will you accept this CNIC in order to
open the account? Why or why not? Can any other document(s) be used to open the
2. Being an illiterate person what extra formalities Mr. Aslam is required to comply with, in
order to open his account? What is the purpose of those extra formalities? 2-Marks
3. Can Mr. Aslam handover the cheque of his account to his son to withdraw money from
his account and/or give the money to his son to deposit in his account?
4. Can Mr. Aslam deposit the cheque of his account in any other bank? Why or why not?
Support your answer with logical reasoning. 2-Marks
5. What practice is followed by the branch when an illiterate account holder visits the bank
for cheque encashment? Why an ATM card cannot be issued to a photo account?
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