1st Weekly Report
of 7
Transcript of 1st Weekly Report
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To,
Madam Javeria Abbass,
Internship Coordinator,
IMS BZU.
Subject: WEEKLY REPORT 1
Respect Madam,
It is hereby to inform you that i have spent 1 week in Askari Bank Abdali
Road Branch Multan as an Internee in which I have spent my time in
Operations/General Banking: Account Opening Section.
During this 1st Week I gained the following knowledge which includes the
following things:-
Bank and its purpose
Hierarchy of a Bank
Hierarchy ofOperations Department
Main sections of a Bank Branch i.e., Askari Bank:-
1. Operations /General Banking
2. Credits
3. Forex / Foreign Exchange
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Main sections of Operations/General Banking Department:-
1. A/c Opening
2. TDR/CDR
3. Accounts
4. Clearing
5. Bills Remittances
6. Online
7.
Cash
8. Lockers
Meaning of a customer and the types of customers:-
Walking customers
Clients
Studied account opening form and its main sections e.g.,
name /title of account, type of account, mailing address,
nationality, special account operating instructions
(single/Jointly/Either or Survivor etc), currency of account, next of
kin, introduced by, etc and Rules and Regulations Foreign/Local
Currency Cheque Book Bearing A/c Askari Bank Limited on the
back side of the A/c opening form.
Different documents required for account opening such as
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CNIC
NADRA Verisys
Know your customer (KYC) form Part 1 & 2
A/c opening annexure
Specimen Signature Card
A/c opening formalities / Some Essential Precautions-
Checklist
Proof of funds
New Check book applied on Form A
Letter of Thanks sent each to customer and introducer
Check book Requisition card
Bank Statement Request Form (Provision of Bank
Statement)
Askari Banks Different type of Cheque Book Bearing Accounts which
are:-
1. Current Account
2. Savings A/c (PLS)
3. ASDA (Askari Special Deposit Account)
4. Value Plus Saving A/c
5. Value Plus CA (Current A/c)
6. BBA (Basic Banking Account)
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7. Ever Green (Agriculture Related)
Note: Details of these accounts will be given in the Final
Internship Report.
Application Form for Askari Visa Debit Card and Askari Bank ATM Cards
i.e., Classic Debit Card and ATM Gold Card and their charges.
Different types of Profit Rates i.e., Special and Published.
Note: Details of above two points will be given in the Final Internship
Report.
Form of a Cheque
Different Slips such as
Deposit Slip (Pay in Slip)
Online Inter-Branch Transaction Request
Pay-in Slip Credit Card
Vouchers for all the postings
Account Opening Section of Operations Department maintains the following
Registers
A/c Opened & Closed Register i.e., CA, SA and BBA.
ATM Pin Register
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Personalized Cheque Book Issue Register i.e., Serial #, A/c title, Date,
Cheque Book Leaves #s From To.
Account Opening Section of Operations Department prepare the
following Reports
Inter Office Memo: Report Regarding BBA Accounts i.e., Without
CNIC, Accounts with CNIC, Active A/Cs without CNIC,
Dormant/In-operative A/Cs without CNIC
BBA A/c Report i.e., ending balance in the A/c and # of A/Cs
ending balance.
Deposit Mobilization Report
I have done the following activities during the 1st Week
Opened 4 Accounts and guided the Customers
Filling Account opening Forms and required documents i.e.,
Know your customer (KYC) form Part 1 & 2, A/c opening
annexure, A/c opening formalities / Some Essential
Precautions- Checklist, Specimen Signature Card, Check
book Requisition card, Bank Statement Request Form
(Provision of Bank Statement).
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Filling entries in Personalized Cheque Book Issue Register
Filling entries ATM pin Register
Prepared Deposit Mobilization Report
Learned how to fill and Filling Different Slips i.e., Deposit Slip (Pay in
Slip), Online Inter-Branch Transaction Request, Pay-in Slip Credit
Card.
Learned how to calculate Profit Amount
Formula:
Deposit Amount * Profit Rate (Special OR Published) * # of Days of
Deposit / 365
Learned how to operate a Photocopier Machine and photocopied
different documents.
Getting signed A/c Opening forms by Operations manager given by a
superior in A/c Opening section.
Sincerely Yours,Nadeem Shams
Roll no. BB-07-62
BBA (Hons) 7th Semester
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Ph. 0345-8711954
Dated: 07, June 2010.
mailto:[email protected]:[email protected]:[email protected]:[email protected]
