Course Details

Customer due Diligence in Banks

  • Title : Customer due Diligence in Banks
  • Course TYPE : Training Workshop
  • Course No : TW21/2022
  • Duration : 01 Working Day
  • Frequency : 01
  • Time : Thursday 7th of April 2022 - Thursday 7th of April 2022
  • Nature: On campus (Residential)
  • 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 . Rexona Yesmin
    2 . Abdul Qayum Mohammad Kibriya
  • Objectives:

    a. To Equip the Participants with Deep Understanding about 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. Concept of Customer Due Diligence in Banks

    b. KYC Process Undertaken by Banks and Financial Institutions

    c. Customer Due Diligence: CDD Process, CDD Measures.

    d. Obligations under MLPA, 2012 (Including Amendments of 2015); Timing of CDD;

    e. Accounts /Transactions Where CDD Measures are not Completed; Obligations under BFIU Circular, 26; Ongoing CDD Measures; CDD for Beneficial Owners;

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

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

    h. Changes Invited in Relevant Bank Management to Address COVID 19 and Pandemics

Terms and Conditions:

a. 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 three (03) participants for a Training Workshop. The maximum number of participants in each 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 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 Workshop. No participant under the target group/level is allowed to participate in any Training Workshop.

b. As per the decision of the BIBM Governing Board, BIBM Member Banks (except Bangladesh Bank) are required to pay BDT 1500 per day per participant including holidays (if any) as training fees which also include Accommodation, Food, and other miscellaneous expenses. However, for Bangladesh Bank, the fee is BDT 500 per day per participant. All Fees are excluding VAT and Tax. 

c. 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 Workshop.

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

1st Session: 1005-1105

Refreshment: 1105-1130       

2nd Session: 1130-1230

Break: 1230-1235

3rd Session: 1235-1335

Lunch & Prayer Break: 1335-1430

4th Session: 1430-1530

Tea Break: 1530-1600

5th Session 1600-1700