Course Details

Customer due Diligence in Banks

  • Title : Customer due Diligence in Banks
  • Course TYPE : Training Workshop
  • Course No : TW47/2021
  • Duration : 01
  • Frequency : 01
  • Time : Thursday 21st of October 2021 - Thursday 21st of October 2021
  • Nature: Online
  • Target Group : Senior Principal Officer or Equivalent Officer and above
  • Methods : Lecture, Group Discussion, Case Study, Panel Discussion and Formulation of Recommendation
  • Resource Person: BIBM Faculty and Professionals from Financial and other Institutions
  • Coordination Team :
    1 . Anila Ali
    2 . Abdul Qayum Mohammad Kibriya
  • Objectives:

    a. To Equip the Participants with a Deep Understanding of KYC, CDD Techniques Including Enhanced Due Diligence.

    b. To Acquaint the Participants for Assessing Customers Risk Profile and Verifying their Identity for Financial Integrity.

  • Contents:

    a. KYC Process Undertaken by Banks and Financial Institutions.

    b. Customer Due Diligence: CDD Concept; CDD Process; CDD Measures; CDD Process; CDD Measures; Obligations under MLPA; Timing of CDD; Accounts / Transactions where CDD Measures are not Completed; Obligations under BFIU Circular-26; Ongoing CDD Measures; CDD for Beneficial Owners.

    c. Enhanced Due Diligence (EDD): EDD Measures; Non-completion of CDD/EDD.

    d. KYC and CDD: KYC and CDD for MFS Customers and Agent Banking.

    e. Changes Invited in Customer Handling to Address COVID-19 and Pandemics.

Terms and Conditions:

1. BIBM member banks can access the online nomination form before forty (40) days of the commencement of programs. BIBM member banks can nominate a maximum number of five (05) participants for a Training Course / Training Workshop. The maximum number of participants in each Training Course / Training Workshop is 40. However, if the number of total nominees exceeds the maximum number, a final list of 40 participants will be prepared by the BIBM authority which will be available online five (05) days prior to the commencement of the Training Course / Training Workshop. Information in regard to rejection of any nomination will be communicated to the concerned bank at least three (03) days before the commencement of the Training Course / Training Workshop. No participant under the target group/level is allowed to participate in any Training Course / Training Workshop.

2.  All member banks are required to pay Tk.1000 per day per participant including holidays (if any) as a course fee. All charges are excluding VAT and Tax.

3. The pay order/bank draft drawn in favor of ‘Bangladesh Institute of Bank Management” has to be sent at least seven (07) days prior to the commencement of the Training Course / Training Workshop.

4. BIBM will send Meeting ID to the nominated participants (through email) to join the zoom meeting app-based interactive session. Moreover, the course Coordination Team and BIBM Training Wing will regularly communicate with the nominated participants for further updates.

5. The Training for each day will be as follows:

1st Session: 11.00 am – 12.00 pm      

2nd Session 12.05 pm – 13.05 pm

Lunch & Prayer Break: 13.05 pm – 14.05 pm

3rd Session 14.05 pm – 15.05 pm

4th Session 15.10 pm – 16.10 pm