RBI/2011- 12/72
DBOD. AML. BC. No. 2 /14 .01.001/2011-12
July 1, 2011
The Chairmen/Chief Executive Officers
All Scheduled Commercial Banks (excluding RRBs) / All India Financial
Institutions/ Local Area Banks
Dear Sir,
Master Circular – Know Your Customer (KYC) norms / Anti-Money Laundering (AML)
standards/Combating of Financing of Terrorism (CFT)/Obligation of banks under
PMLA, 2002
Please refer to our
Master Circular DBOD.AML.BC.No.2/14.01.001/2010–11
dated July 01, 2010 consolidating instructions/guidelines issued to banks till
June 30, 2010 on Know Your Customer (KYC) norms /Anti-Money Laundering (AML)
standards/Combating of Financing of Terrorism (CFT)/Obligation of banks under
PMLA, 2002. This Master Circular is a consolidation of the instructions on Know
Your Customer (KYC) norms /Anti-Money Laundering (AML) standards/Combating of
Financing of Terrorism (CFT)/Obligation of banks under PMLA, 2002 issued up to
June 30, 2011.
- The Master Circular has been placed on the RBI website: ( http://www.rbi.org.in)
Yours faithfully,
(Deepak Singhal)
Chief General Manager
Master Circular on Know Your Customer (KYC) norms