Step 1. Basic Information
This section is applicable for the Single Personal TPR. The Customer must complete the following basic information on the TPR:
- Name of the accountholder
- Address of the accountholder
- Account number and currency of account
Step 2. Product Type
The Customer must select one of the following product types, to indicate what type of account the customer will open:
- Current Account
- Savings Account
- Time Deposit
Step 3. Purpose of Account
The Customer must select one or more (if applicable) of the following options, to indicate what the account will be used for:
- General Expenses
- Savings / Investments
- Other, please specify________
Step 4. Estimated number of incoming/outgoing transactions
The Customer must state the number of anticipated monthly or annually incoming transactions on the account and the frequency of this (how many times per month or per year).
NOTE: If this information is provided in a different frequency than the ones listed (e.g. daily or quarterly) this must be completed manually by the Bank Officer.
-John Doe receives a salary of USD 2.000, - 1x monthly.
He also receives rental income of USD 800, - 1x monthly for
renting out his apartment.
His estimated volume of incoming transactions is monthly 2x.
-Jane Doe receives a pension of USD 3.000, - 1x monthly.
Her estimated volume of incoming transactions is monthly 1x.