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Examine passbook & Account closure form SB-7(A). Verify balance & signature. Make entry in relevant records. Make entry in SB-7(A) in warrant portion and.

Published byKianna Feltham Modified over 9 years ago

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Presentation on theme: "Examine passbook & Account closure form SB-7(A). Verify balance & signature. Make entry in relevant records. Make entry in SB-7(A) in warrant portion and."— Presentation transcript:

1 Examine passbook & Account closure form SB-7(A). Verify balance & signature. Make entry in relevant records. Make entry in SB-7(A) in warrant portion and send to Assistant/Sub Postmaster. PPT 1.2 RULE NO : 43 POSB Manual Volume -I

2 After receipt of SB-7(A) from APM/SPM obtain acquaintance from the depositor in it. Effect the payment & return closed passbook and due amount to depositor. Attach KYC documents of the account with SB-7(A). All closure vouchers to be sealed separately. PPT 2.1.37 RULE NO : 43 POSB Manual Volume -I

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4 In case of cheque account, SB-7(A) is must. Collect all unused cheques and transfer to APM/SPM for remarks. PPT 2.1.39 RULE NO : 43 POSB Manual Volume -I

5 Check the entry in record. Verify the signature. Sign the documents produced by counter Postal Assistant. In cheque account, all blank cheque surrendered by depositor should be cancelled & transferred to Savings Bank Control Organization. PPT 2.1.40 RULE NO : 43 POSB Manual Volume -I

6 Fill up SB-7(A) form properly. Handover SB-7(A) form with passbook and unused cheque if any to counter Postal Assistant. Collect the cash & passbook from counter Postal Assistant. PPT 2.1.41 RULE NO : 43 POSB Manual Volume -I

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