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Lecture # 20 Branch Banking in Pakistan. A branch, banking centre or financial centre is a retail location where a bank or financial institution offers a wide array of face to face service to its customers. "Banks". National financial institution providing personal and business services.

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Lecture # 20

Branch Banking in Pakistan



"Banks" location where a bank or financial institution offers a wide array of face to face service to its customers.

National financial institution providing personal and business services.


Bank structure
Bank Structure location where a bank or financial institution offers a wide array of face to face service to its customers.

President

Group Heads

Divisions & Field

Circle Offices

Regional Offices

Branch Offices


Remittances

Remittances location where a bank or financial institution offers a wide array of face to face service to its customers.


Remittances department
Remittances Department location where a bank or financial institution offers a wide array of face to face service to its customers.

  • Demand Draft

  • Pay Order

  • Telegraphic Transfer

  • Mail Transfer


  • Travelers Cheque location where a bank or financial institution offers a wide array of face to face service to its customers.

  • Fund Transfer through Internet

  • Home Remittances


Demand Draft location where a bank or financial institution offers a wide array of face to face service to its customers.


Demand draft
Demand Draft location where a bank or financial institution offers a wide array of face to face service to its customers.

Its a written order, drawn by one branch of a bank upon another branch of the same bank, upon other bank under special arrangement to pay a certain sum of money to or to the order of a specified person”


Parties Involved location where a bank or financial institution offers a wide array of face to face service to its customers.

  • Purchaser

  • Issuing Branch

  • Drawee Branch

  • Payee/ Beneficiary


Pay order
Pay Order location where a bank or financial institution offers a wide array of face to face service to its customers.


A Pay Order is a location where a bank or financial institution offers a wide array of face to face service to its customers.written authorization for Pmt , Made in a receipt from issued & Payable by the bank, to the person named & addressed therein on his giving a proper discharge thereon “


Parties Involved location where a bank or financial institution offers a wide array of face to face service to its customers.

  • Purchaser

  • Issuing / Paying Branch

  • Payee


Telegraphic Transfer location where a bank or financial institution offers a wide array of face to face service to its customers.


“T.T instructions regarding PMT are sent to Drawee branch in a coded language and under confidential number known as TEST Number”


Parties Involved in a coded language and under confidential number known as TEST Number”

  • Applicant

  • Remitting or Drawing Branch

  • Drawee Branch

  • Beneficiary /Payee


Mail Transfer in a coded language and under confidential number known as TEST Number”


Like T.T funds can be remitted by MT for the Cr of the payee a/c or the Beneficiary can be advised to receive the PMT from Drawee branch either in cash on proper identification or through his banker”


Parties Mail Transfer payee a/c or the Beneficiary can be advised to receive the PMT from Drawee branch either in cash on proper identification or through his banker”

  • Applicant

  • Drawing Branch

  • Drawee Branch

  • Beneficiary


Online fund transfer
Online Fund Transfer payee a/c or the Beneficiary can be advised to receive the PMT from Drawee branch either in cash on proper identification or through his banker”

Its also a fund transfer but only by Online within the Branches.

Parties Involved

  • Applicant (a/c in Bank)

  • Beneficiary (a/c in Bank)

  • 2 Branches of Bank (online)


Account opening department

Account Opening Department payee a/c or the Beneficiary can be advised to receive the PMT from Drawee branch either in cash on proper identification or through his banker”


Types of Account payee a/c or the Beneficiary can be advised to receive the PMT from Drawee branch either in cash on proper identification or through his banker”

  • Individual

  • Joint Account

  • Sole Proprietorship

  • Club & Societies

  • Joint Stock Companies

  • Agents


Operations status of accounts

Operations & Status Of Accounts payee a/c or the Beneficiary can be advised to receive the PMT from Drawee branch either in cash on proper identification or through his banker”


Nature of accounts
Nature Of Accounts payee a/c or the Beneficiary can be advised to receive the PMT from Drawee branch either in cash on proper identification or through his banker”

  • Current Account

  • Profit & Loss Sharing

  • Current foreign currency

  • Saving Foreign Currency

  • Term Deposits

  • BBA “Basic Banking Account”


Deposit payee a/c or the Beneficiary can be advised to receive the PMT from Drawee branch either in cash on proper identification or through his banker”



  • Current Account privileges and services. Designed with your banking needs and comfort in mind, these convenient accounts prove that, at Commercial Banks, banking is about a shared long-term relationship between bank and you.

    The Current Account allows you the facility of unlimited withdrawals up to the extent of the balance in your account. Sometimes There will be no tax deducted on the funds that you choose to keep in these accounts.


  • Savings or PLS Account privileges and services. Designed with your banking needs and comfort in mind, these convenient accounts prove that, at Commercial Banks, banking is about a shared long-term relationship between bank and you.

    The Savings Account allows you the facility of unlimited withdrawals (up to the extent of the balance in your account), while accruing profit on your deposit everyday. You can have the profit paid to you monthly, quarterly, annually or as per your requirement.



  • Term Deposit earnings in a savings account .

    The Term Deposit offers you the dual benefit of attractive returns with high liquidity, with options to take your profit monthly, quarterly, annually or at maturity.


  • A earnings in a savings account .time deposit (also known as a term deposit, particularly in Canada, Australia and New Zealand) is a money deposit at a banking institution that cannot be withdrawn for a certain "term" or period of time.



A deposit of funds in a savings institution under an agreement stipulating that

(a) the funds must be kept on deposit for a stated period of time,

b) the institution may require a minimum period of notification before a withdrawal is made


  • Foreign Currency agreement stipulating that

    You have the option of opening Current, Savings and Term Deposit accounts in different foreign currencies – Like US Dollar, Pound Sterling, Japanese Yen, and Euros. This entitles you to avail all the convenience of local currency accounts including:



Demand account
Demand account

  • The cheque is the traditional mode of payment for a demand account.

  • A demand account or demand deposit (North America: checking account, UK and Commonwealth: current account) is a deposit account held at a bank or other financial institution,



Commercial banks loan facilities
Commercial Banks: access to funds Loan Facilities


Loan access to funds

  • A loan is a type of debt. All material things can be lent but this article focuses exclusively on monetary loans. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower.




  • Secured Loan loan covenants under the terms of the loan.

    A mortgage loan is a very common type of debt instrument, used by many individuals to purchase housing. In this arrangement, the money is used to purchase the property. The financial institution,




  • There are two types of auto loans, direct and indirect. used car may be secured by the car, in much the same way as a mortgage is secured by housing. The duration of the loan period is considerably shorter often corresponding to the useful life of the car.

  • A direct auto loan is where a bank gives the loan directly to a consumer.

  • An indirect auto loan is where a car dealership acts as an intermediary between the bank or financial institution and the consumer


Other types of loans
Other Types of Loans used car may be secured by the car, in much the same way as a mortgage is secured by housing. The duration of the loan period is considerably shorter often corresponding to the useful life of the car.

  • Credit card debt

  • Personal loans

  • Bank overdrafts

  • Corporate bonds


Personal finance
Personal finance used car may be secured by the car, in much the same way as a mortgage is secured by housing. The duration of the loan period is considerably shorter often corresponding to the useful life of the car.

  • Personal finance is the application of the principles of finance to the monetary decisions of an individual or family unit. It addresses the ways in which individuals or families obtain, budget, save and spend monetary resources over time, taking into account various financial risks and future life events.





Mortgage finance
Mortgage Finance payback period and most affordable monthly installments, Bank's Personal Finance makes sure that one gets the most out of his/her loan. Once a good credit history is established, the door to opportunity opens much wider.

  • Offers the convenience of owning a house of choice, while living in it at its rental value. The installment plan has carefully designed to suit both the budget & accommodation requirements.



Business finance
Business Finance initially for employees of corporate companies for purchase/ construction/ renovation of house.

  • In pursuance of the National objectives to revive the economy of the country, Bank is providing loans to small and medium size business enterprises under Bank's Business Finance Scheme.



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