Essays » Business & Economy Deposit Management By mahendra01‚ October 2008 | 18 Pages (4‚315 Words) | 1415 Views | 12345 Report | This is a Premium essay for upgraded members Upgrade to access full essay MANAGEMENT OF DEPOSITS IN COMMERCIAL BANKS Before going in to details of Deposit management One must under stand the format of balance sheet THIRD SCHEDULE TO BANKING REGULATIONS ACT 1949 FORM A FORM OF BALANCE SHEET SCHEDULE AS ON 31/3/---- (Current year) AS ON 31/3/----
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Now-a-days‚ most of the people keep money in bank to make the money secure and as well as for profit motive through interest. For various kinds of people there are various kinds of bank account such as savings A/C‚ current A/C etc. Since our assignment is through savings A/C plan on Bank Asia Limited‚ so we are discussing below about it. Bank Asia Limited is a scheduled commercial bank in the private sector established under the Banking Company Act 1991 and incorporated in Bangladesh as a public
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and Pricing Deposit Services Fill in the Blank Questions 1. A(n) _________________________ requires the bank to honor withdrawals immediately upon request. Answer: demand deposit 2. A(n) _________________________ is an interest bearing checking account and gives the bank the right to insist on prior notice before customer withdrawals can be honored. Answer: Negotiable order of withdrawal (NOW) 3. A(n) _________________________ is a short-maturity deposit which pays
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Bank of Baroda ACCOUNT OPENING FORM FOR INDIVIDUALS Branch: Account No. F. No.-401 Y Y Y _________________________________________________ Date: Branch ALPHA D D M M Y Scheme Code ------------------------------------------------------------------------------------------------------------------------------------I/We request you to open my/our deposit account with your branch/bank as under: (Tick (√) relevant type of account) Type of Account Scheme Name Type of Account Scheme Name Savings
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5.1.1 Accounts Opening Section This section deals with opening of different types of accounts. It is also deals with issuing of checkbooks and different accounts openers. A customer can open different types of accounts through this department such as : 1. CD – Al – Wadiah Current Deposit 2. SB – Mudaraba Saving Deposit 3. STD – Short Term Deposit 4. MTD – Mudraba Term Deposit 5. SS – Short scheme * MSS – Monthly Saving Scheme * MIS – Monthly Income Scheme
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bank‚ potential vendors‚ or other interested parties. An account system is also important to process sales‚ purchase orders‚ invoices‚ payroll‚ and other business functions manually. The accounting system must be scalable‚ secure and gather data feed from other business systems to collect up-to-date business finances. The installed REMS came with the following Finance and Accounting Financial Modules: General Ledger Module‚ Accounts Payable Module‚ POS module‚ Bank Reconciliation Module‚
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Report On Deposits and Loan services of The City Bank‚ HSBC Bank of Bangladesh‚ and Sonali Bank Ltd. FIN402 PREPARED FOR‚ Abdullah All Yusuf Khan Faculty of CBA PREPARED BY‚ Group-Sunflower NAME | STUDENT ID | Umme Habiba Sultana | 10102170 | Naima Akter | 10102180 | Raad Rahman Ratin | 10102164 | Khohinoor Akter | | LETTER OF TRANSMITTAL 3th March‚ 2012 Abdullah All Yusuf Khan Course Instructor International University
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it will be recorded in the purchase journal‚ once it has been certified as a valid invoice. After the journal entries‚ the next step is to post the journal entries into account. Ledger Account also known as “T” Account and Account. Ledger accounts categorize these changes or debits and credits into specific accounts‚ so management can have useful information for budgeting and
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Goods/Stock purchased or sold being returned is quite a common practice in business. This may be on account of a number of reasons like defects in goods‚ quality not matching the requirement for which the buyer purchased it‚ the buyer not needing the stock‚ etc. This happens both in case of goods purchased as well as goods sold by the organisation. Where the goods sold are being returned we call it "Sales Returns" and where goods purchased are being returned we call it "Purchase Returns"
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household sector‚ who prefer assured income and liquidity and safety of funds‚ because of their inadequate capacity to manage financial risks. Banking business has done wonders for the world economy. The simple looking method of accepting money deposits from savers and then lending the same money to borrowers‚ banking activity encourages the flow of
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