Re: opening account in bank | |
KYC demand by RBI from Banks is basically to stop money laundering etc. It is very much required specially in present environment of terrorism in the country & elsewhere. While know your Bank (KYB) is a novel idea, we must not forget that even most poor man from remote village should have Voter ID or BPL ration card which are acceptable document for opening savings a/c in Bank or Post office.
Such poor people from village or migrant labourers actually face the problem on the requirement of someone who will be introducer to open the bank or post office account. I have no solution for this point.Any suggestion here ? |