Basic Banking Services definition
Basic Banking Services. – means the opening, maintenance and operation of accounts which provide basic banking services, such as deposit, withdrawal and transfer of money.
Examples of Basic Banking Services in a sentence
A General Investment Account-i with no activity for 1 year from the last date of transaction will be considered as a dormant account under the BNM Guidelines on Basic Banking Services Framework.
Under Access to Basic Banking Services Regulations, acceptable documents for List A also includes any piece shown in the List of Eligible Piece of Identification.