This year 2021 my salary bank account has been blocked by the bank. It has been a joint account of my wife & me since our 1st was born.
am an income tax filer as an individual because i have income share from family agriculture proceedings as well as my Govt salary.
upon approaching bank the BM told my home maker to update the profile and submit an FRC from NADRA. An angry woman asked under which rule to provide such data show me any Govt order / rule,. Then she put me on on phone with BM he said he can not give copy of 2 page interbank communication from State Bank of Pakistan, but show it to my wife to read & understand.
as per my wife 18 clauses are mentioned in that document which shall be complied by the bank to update records of JOINT / MANDATED accounts. all under FATF regulation xxx / wwww / rrr / 2021. I suggested her to comply and do not be upset at BM.
She submitted NADRA FRC, my CSS Personnel batch no & date of appointment with present position grade. Also the number of dependents under 18 & over 18.
only after submission of such data account has been processed for restoration expected in 3 working days.
since June 29th the account is suspended, yet to be activated .
ANY BANKER ON PW please confirm if there is such rule for Joint / Mandated accounts please
@Nabs @hellsguardian @omersiddiqui5482