A customer is defined as per provisions of

For the purpose of KYC policy, a customer is defined as:

a. A person or an entity that maintains an account and/or has a business relationship with the bank

b. One on whose behalf the account is maintained (the beneficial owner)

c. Beneficiaries of transactions that are conducted by professional intermediaries, such as stock brokers, chartered accountants, solicitors etc. as permitted under the law

d. Any person or entity that is connected with a financial transaction which can pose significant reputational or other risks to the bank, such as a wire transfer or issue of a high value demand draft as a single transaction