Compliance Segment


Perspective

Compliance & Internal Controls Division is a management function which ensures regulatory compliance as well as coordination with SBP.

Customer Risk Assessment:

BOP evaluates risk of all customers according to their profile and assigns risks to the accounts subject to approval of high risk customer.

Customer Screening:

Bank performs the screening of customer names and associated details against lists provided by relevant competent authorities (like, UN, OFAC & NAB.) both at initial on-boarding and at the time of On-going due diligence.

Transaction Monitoring:

Bank monitors the customer’s transaction to ascertain the genuineness/legitimacy of unusual & out of pattern transaction.

Reporting of CTRs & STRs:

BOP as per FMU instructions reports Suspicious & Currency Transactions in a prescribed manner.

Correspondent Bank:

Anti-Money Laundering Questionnaire is required to be filled out by all of our correspondents at the time of establishment of relationship.

  • THE BANK OF PUNJAB ACT 1989 (UPDATED FILE)
  • W-8BEN-E BOP (FATCA) Download
  • US PAT ACT 2016 Download
  • AML AND CFT POLICY 2014 Download
  • BOP AML QUESTIONNAIRE Download
  • WOLFSBURG QUESTIONNAIRE (Updated) Download
  • COMPLETE LIST OF OUR CORRESPONDENT BANKS
This page last updated on: March 31, 2016 2:25:59 PM
Top