NBS wants to know source of funds in boy’s small ac­count

Stabroek News Sunday - - LETTERS -

Dear Ed­i­tor, My eight-year-old son and I, his mother, have a bank ac­count at the New Build­ing So­ci­ety (NBS). Just af­ter his birth it was open to de­posit all his mone­tary gifts he got from grand­par­ents and friends for spe­cial oc­ca­sions. Re­cently I was told by a teller that I have to pro­vide proof as to where I got this money from along with other doc­u­ments. Why do they need all these un­nec­es­sary doc­u­ments for a child’s ac­count which has way be­low $100,000? Yours faith­fully, (Name and ad­dress pro­vided)

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