Para 15.19.4 — CAM

15.19.4 The bank maintaining the P.D. Account, prepares, at the end of every month, a monthly statement showing

(i) Opening balance;

(ii) total receipts;

(iii) total payments; and

(iv) Closing balance. Three copies of the statements are sent to the ZAO and one copy is sent to the Account holder by the 5th of the following month. (No copy of the scroll/statement is sent to the Designated Officers).