Regulatory Alerts2024-08-07
Added · Updated
BRPD Circular Letter No. 36: Taking thumb impression on loan related charge documents
The circular clarifies that banks must continue to obtain thumb impressions on loan-related charge documents and verify them against the National ID database. For individuals whose thumb impressions are not in the National ID database, such as foreigners, expatriates, or persons with disabilities, banks are required to independently verify their identity. All other instructions from the referenced circular remain unchanged and this directive takes immediate effect.
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