Module: General Practice
Q5: Consider the following statements regarding "Deemed Officially Valid Documents" (OVDs) submitted when an OVD does not have an updated address:
A utility bill provided as a deemed OVD must not be more than two months old.
A pension payment order (PPO) issued to retired employees by Government Departments is a valid deemed OVD if it contains the address.
The customer must submit an OVD with the current address, within a period of three months of submitting the deemed OVD.
A property or Municipal tax receipt is considered a deemed OVD.
A pension payment order (PPO) issued to retired employees by Government Departments is a valid deemed OVD if it contains the address.
The customer must submit an OVD with the current address, within a period of three months of submitting the deemed OVD.
A property or Municipal tax receipt is considered a deemed OVD.
✅ Correct Answer: D
Deemed OVDs include utility bills not more than two months old, property or Municipal tax receipts, and PPOs.
The customer shall submit an OVD with current address within a period of three months of submitting the deemed OVDs.
Understanding deemed OVDs is essential for the IIBF AML KYC Exam 2026.
The customer shall submit an OVD with current address within a period of three months of submitting the deemed OVDs.
Understanding deemed OVDs is essential for the IIBF AML KYC Exam 2026.