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) Download
• W-8BEN-E BOP (FATCA) Download
• Foreign Account Tax Compliance Act (FATCA)- Customer Awareness document. Download
• US PAT ACT 2024 Download
• BOP AML QUESTIONNAIRE Download
• WOLFSBURG QUESTIONNAIRE (Updated) Download
• COMPLETE LIST OF OUR CORRESPONDENT BANKS View
• Common Reporting Standard (CRS) - Customer Awareness Download