Banks and account opening issues have been discussed in the past here as well, but this an incident that took place today which I wish to share. If there is anyone that can influence the policy dept in banks, please please please ask them to think about consumer convenince, instead of making an attempt to sound like idiots by making things difficult for customers.
I joined a new workplace in the end of Dec 2007 and decided to open my bank account today, since the month is drawing to an end, the company will need a means to deposit my salary.
It turns out that I am dealing with MCB Bank, and after filling out the requisite paperwork and doing a million and 25 signatures at obscure places, I was informed that my account will be opened tomorrow…i.e. the next working day.
Why I asked, and I was informed that my NIC will be required to be verified from NADRA (the issuing authority here). Seems logical, only it has already been verified a gazillion times. (I thought I saw the branch said “online” outside).
Plus, I need to pay 10,500 as a minimum deposit amount and when I told them I already had a relationship with their branch in clifton, they tell me they don’t really care and that all info will have to be re-verified and I will still need 10,500 minimum.
Why on earth? Would the person who makes these banking policies please atleast keep consumer convenience in view?
Oh did I mention? I need to pay 250 to close the account too if I wish to. (which might be needed because I dont’t see the point in keeping floating balances to the tune of 10,000 in each account just to meet their conditions).