Account Holder Responsibility Archives

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Account Holder Responsibility

What is my responsibility regarding KTT transactions sent to my account?

November 26, 2024admin

As the account holder, it is your responsibility to fully understand and manage the nature of the KTT transactions being sent to your account. If you provided KTT instructions to your remitter, you are accountable for the type of transaction being sent. Prominence Bank does not get involved in transactions initiated by you or your...

Clarification on KTT Transactions and Your Responsibility as an Account Holder

November 23, 2024admin

Important Information About KTT Transactions at Prominence Bank At Prominence Bank, we strive to deliver professional and legitimate banking services. To ensure clarity, here are essential details about Key Tested Telex (KTT) transactions: 1. Understanding KTT Transactions: KTT transactions go beyond cash transfers and are used for interbank communications, issuing financial instruments (like bank guarantees...