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Current account opening certificate by ca

CA MANISH BINDAL (CHARTERED ACCOUNTANT ) (535 Points)

05 September 2016

Can anyone send me the format of certificate issued by chartered accountant for opening current account in bank.

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CA Gaurav Ajit Potdar (Chartered Accountant) (846 Points)
Replied 05 September 2016

On CA Letter head

Date:

To,

The Branch Manager

……………Bank Ltd

……………..Branch

Dear Sir,

This is to certify that Mr/Mrs……………………………., proprietor of M/S………………………………….., having. their place of business at……………………………………………..,The said firm is engaged in business of …………………………………….

This certificate is issued for opening a current account with your banks branch

For ............ & Co.

Chartered Accountants

Proprietor

Membership No:

Firm reg. No

1 Like

CA MANISH BINDAL (CHARTERED ACCOUNTANT ) (535 Points)
Replied 06 September 2016

Thanku sir, FRN number is to be compulsory quoted in case of propriotorship firm means that chartered accountant firm is proprietorship firm. In that case FRN no is compulsory or not.

CA Gaurav Ajit Potdar (Chartered Accountant) (846 Points)
Replied 06 September 2016

The requirement varies from bank to bank.

1 Like

Prabu S (9 Points)
Replied 22 March 2018

Annexure-G Date:22/03/2018

To,

            The Branch Manager,
            **** Bank Ltd,
            *****

CERTIFICATE

I, the Undersigned, am a Qualified Chartered Accountant and hold a Certificate of Practice From the Institute of Chartered Accountant of India and my Membership no is ***.

I certify the existence of M/s **** Carrying business at ***** and confirm that Mr **** is a sole Proprietor of the said firm her pan is Individual my client and is Business of (Drugs and surgical materials Trade)

I am aware that the bank is relying on this certificate as a valid proof of existence of the firm and as part of the bank’s due diligence process for establishing the identify and existence of the firm.

As per obligation laid down and as per the guidelines / regulation issued by various statutory / regularly bodies on know your customer and Prevention of money Laundering and Terrorist Financing.

PRABU GS

ADVOCATE

8148688888

CA Rajesh Prajapati (Practice) (202 Points)
Replied 12 April 2018

What is the implication on CA issuing the certificate in good faith and client subsequently does some banking fraud and other fraud.

kindly elaborate

CA JAGJIWAN LAL (CA) (22 Points)
Replied 11 December 2018

we ca should not give certificate and it may create trouble for CA and bank always transfer liability on CA .THE bank should very his place of busines, enquire from soorunding area, take statement of neghbour and verify the PAN , addhar and other document.

it is my hubmle request to CA faternity do not take any undertaking on behalf of client