a contract between a customer and a bank whereby the bank obliges itself to honour cheques up to the amount deposited with the bank or up to an agreed overdraft limit. The overdraft is effectively a loan.
As per section 8 of the Assets Declaration Act, 2019, the condition to declare cash was to deposit such cash in the declarant's bank account and to retain it in the bank account up to the 30th day of June, 2019.
The prosecutor informed that suspicious transactions of billions of rupees had been made in the bank account of the Zardari Group from fake bank accounts, adding that the account was being operated by Talpur.
5 (Petra) -- Stemming from the Central Bank of Jordan's (CBJ) keen interest in granting access for all the financially excluded segments of the society to banking services; the CBJ issued the "Instructions of the Basic Bank Account", the provisions of which will apply to all operating banks in the Kingdom.
ISLAMABAD -- Following an intervention from the National Accountability Bureau (NAB), the bank account of Pakistan Engineering Company (PECO), blocked by a private bank, has now been restored, it was learnt on Tuesday.
The transactions involved the transfer of funds from the constituency's CDF commercial bank accounts to the law firm's bank account," EACC's investigator Mary Yator told the court in the application.She stated that according to the Constitution and the EACC Act, 2011, the commission has the authority to conduct investigations into allegations of corruption and economic crimes.