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  • Log Book Daily Work Done

    Încărcat de

    Ghulam Mustufa
    611 vizualizări5 pagini
    The log book summarizes the work done by Ali Shan over three weeks at an MCB bank branch. During the first week, key activities included opening new accounts which required identification documents and signatures, and upgrading debit cards to higher limits. The second week focused on procedures for current accounts, basic banking accounts, and depositing cash. The third week covered PLS savings accounts, smart savings accounts, cheque clearing processes, and dishonored cheques.

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    it help on internship log book .

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    The log book summarizes the work done by Ali Shan over three weeks at an MCB bank branch. During the first week, key activities included opening new accounts which required identification documents and signatures, and upgrading debit cards to higher limits. The second week focused on procedures for current accounts, basic banking accounts, and depositing cash. The third week covered PLS savings accounts, smart savings accounts, cheque clearing processes, and dishonored cheques.

    Drepturi de autor:

    Attribution Non-Commercial (BY-NC)
    Descărcați ca DOCX, PDF, TXT sau citiți online pe Scribd
    Indicator pentru conținut neadecvat
    611 vizualizări5 pagini

    Log Book Daily Work Done

    Încărcat de

    Ghulam Mustufa
    The log book summarizes the work done by Ali Shan over three weeks at an MCB bank branch. During the first week, key activities included opening new accounts which required identification documents and signatures, and upgrading debit cards to higher limits. The second week focused on procedures for current accounts, basic banking accounts, and depositing cash. The third week covered PLS savings accounts, smart savings accounts, cheque clearing processes, and dishonored cheques.

    Drepturi de autor:

    Attribution Non-Commercial (BY-NC)
    Descărcați ca DOCX, PDF, TXT sau citiți online pe Scribd
    Indicator pentru conținut neadecvat
    din 5

    (Log book 3 weeks)

    Submitted by Ali Shan (mba3y02103049)

    Submitted to Sir Yasir gaffer

    (Log Book- Daily Work Done) (11nov -13nov) 1st week log book Activity preformed
    Account opening

    Description
    The people want to open the account must have business letter paid and two copies of I d card is required and signature must be perfect. After opening the account MCB offering debt card only just need to 1 I d card copy mother name telephone number and signature verification and within 10 days you are receiving your debt card.

    MCB offering debt card

    Cancelation of minimum limit debt card and offering the maximum limit debt card

    Some people want to increase the limit of debt card the procedure is cancel the minimum limit debt card which limit is 25000 after that issued the maximum limit debt card which limit is 50000.

    (Log-book daily work done)

    (18nov -22nov) 2nd week

    Activity preformed

    Description

    Current account

    A non-profit bearing account with absolutely no transactional restrictions. Account activation deposit PKR 1000 minimum balance PKR 10000 unlimited withdrawals and deposits. Virtual banking in MCB mobile and call center available no zakat is deducted on current account as per the zakat and usher ordinance 1980.

    Basic Banking Account

    A non-profit bearing account for small depositors who cannot maintain a minimum balance in their accounts and who wish to carry out the basic banking needs. Transaction 2 free over the counter deposits and 2 free over the counter withdrawals (per month) A non-profit bearing account with benefit of free life insurance cover. More the balance maintained higher the cover. Advance tax 0.3% on all cash withdrawals which are > 25k in a single day. Deposit the money by filling the deposit slip write the money on slip one copy of slip bank can take another copy customer take.

    Current life Account

    Deposit the money

    (Log-book daily wok done)

    (25nov-29nov) 3rd week

    Activity preformed

    Description

    PLS saving account

    A plan savings account for everyone with no transactional restriction profit on expected rate of return and profit calculation minimum monthly balance based on 365 days a year profit payout semi-annually and unlimited withdrawals.

    Smart saving account

    A saving account offering high profit rates to depositors maintaining 200k-300k.this is a no checking account (no cheque book) but smart card is available profit up to 7%(as per expected rate of return) profit payout quarterly withholding tax is deducted on profit as per the governments policy. When the customer receive the cheque another party and deposit in his account the cheque deposit after two days after clearing.

    Clearing of cheque

    Dishonor of cheque

    When the customer receive the cheque another party and deposit in account the cheque is in clearing but the cheque is not clear due to lack of money the cheque is dishonored.

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