Q174: For accounts opened in non-face-to-face mode (subject to Enhanced Due Diligence), the first transaction must necessarily be a credit from an existing KYC-complied bank account of the customer.

True

False, the first transaction can be a cash deposit up to ₹50,000.

False, there is no restriction on the first transaction.

True, but only if the customer is High Risk.

✅ Correct Answer: A

The first transaction in such accounts shall be a credit from an existing KYC-complied bank account of the customer.

Bank Promotion Exam Guide