Why does the bank ask about the nature of my work and the expected volume of transactions? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Why does the bank ask about the nature of my work and the expected volume of transactions?

Asked by Banky team 2 months ago 1 views
Banky team Reviewed editorial answer

To understand the client profile and expected account usage, provide a realistic estimate and update it if your activity changes.

Inconsistent handling may lead to requests for clarification.

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