The document discusses various types of bank deposit accounts and services, and poses problems related to banking transactions. 1. A customer lost a fixed deposit receipt and approaches the bank manager for assistance in redeeming the deposit. 2. A joint fixed deposit was issued to X and Y, and now X wants to redeem after one year or take a loan using the deposit as collateral. 3. A joint current account was held by Ram and Raj payable to either survivor, and now the bank must determine how to handle a cheque presented for payment after Raj's death.

1. TYPES OF DEPOSIT ACCOUNT FIXED DEPOSIT ACCOUNT SAVINGS ACCOUNT RECURRING DEPOSIT ACCOUNT CURRENT ACCOUNT FACILITY OF NOMINATION

2. PROBLEMS 1. A good customer of your Bank’s Branch in Bangalore has lost a fixed deposit receipt for Rs. 100000. issued by the Branch in his favour and falling due for payment on 20 june 2008. He approaches you for necessary action in the matter. How would you proceed?

3. 2. A bank has issued a Fixed Deposit receipt for Rs. 7000 for 2 years with interest @ 8% to X and Y payable to either or survivor. On completion of one year, X approaches the bank for repayment of the fixed deposit or in the alternative to grant him a loan for the maximum amount, as he is in urgent need of money. As manager of the bank, how would you proceed in the matter? What documents would you take for the loan and how much interest would you charge?

4. 3. Ram and Raj who have a joint current account (payable to either or survivor) , have granted a Power of Attorney in favour of Rohit to operate the account. Rohit usually operates the account. Bank gets the intimation of Raj death. A cheque for Rs. 25000 drawn on the account and signed by Rohit is presented for payment. How would you deal.

5. Banking Services AGENCY SERVICES 1.Payment and Collection 2. Executor Administrator and trustee. MISCELLANEOUS SERVICES 1. Remittance of Funds 2.Safe Custody of Valuables 3. Letter of credit 4. Travellers Cheques 5. Factoring 6. Credit Cards 7. Lease Financing 8. Merchant Banking

6. PROBLEM 1. A purchases Demand Draft from your Branch on another Branch in Favour of D. The next day he comes back to your office, says that he has since changed his mind about remitting the amount, surrenders the Draft and requests refund of amount.

7. 2. A safe deposit locker stands in the names of X and Y , they request you to add his sons name so that he can also operate the locker. What procedure should the bank follow?