Questionnaire

Dear respondent I am a student of National College of business administration and economics

BUC-Campus Bahawalpur University pursuing an MS degree. I am carrying out research in your
bank on MONEY LAUNDERING AND PROFITS IN COMMERCIAL BANKS. The research
is purely academic, it is requirement for qualification of the award of degree of MS .Information
and your opinion provided will be treated with the highest degree of confidentiality.
I kindly request you to fill the questionnaire below and I assure you that the information given
will be confidential and will only be used for academic purposes.
General information
1. What is your highest education level?
a) a) PhD [ ]
b) Masters [ ]
c) Degree [ ]
d) Diploma [ ]


2. How many years have you worked in this institution?
a) Below 1 year [ ]
b) 1-5 years [ ]
c) Above 5 years [ ]

3. To what extend do you understand money laundering?
Small extent Large extent Not at all







Reasons for increase in money laundering
Laws Is your institution in compliance with your national anti-money laundering
regulations or other applicable money laundering regulations?
yes No

Does your institution implement written policies and procedures designed to
prevent, detect and report suspicious transactions?
yes No

Does your AML Compliance officer who is responsible for coordinating and
overseeing the AML program on a day-to-day basis does his work well?

yes No
Training/
Complian
ce

Does your financial institution provide periodic anti money laundering
training to relevant employees?
yes No
Know
Your
Customer
Does your institution have a written policy to ensure that reasonable
measures are taken to obtain information about the true identity of
customers so as to ensure legitimate activities, including ensuring that your
bank does not knowingly transact business with sanctioned individuals,
entities and or/countries identified by the appropriate government agencies,
law enforcement and regulators or the United Nations resolutions?
yes No

Does your financial institution assess its customers and their transactions on
a risk based approach?

yes No
record Does your institution implement appropriate record retention policies
pursuant to applicable law?
yes No
Shell
Banks
Does your institution implement a policies/procedures prohibiting
Accounts/relationships with shell banks?
yes No

To what extend does money laundering affect the profits of Post Bank?
1. We are experiencing additional administrative costs to cub money laundering
Strongly Agree Agree Not sure Disagree Strongly Disagree


2. We are experiencing high cost on continuous upgrade of our information system
Strongly Agree Agree Not sure Disagree Strongly Disagree


3. We are experiencing high cost in training staff on anti-money laundering techniques
Strongly Agree Agree Not sure Disagree Strongly Disagree


4. We are loosing customers because of money laundering?
Strongly Agree Agree Not sure Disagree Strongly Disagree


Relationship between money laundering and Profitability of Pakistan commercial Bank.
.
Strongly
Agree
Agree Not
sure
Disagree Strongly
disagree
We are facing a lot of legal requirement from
central bank due to money laundering.

There is an increase in money laundering in
Pakistan commercial banks.

Money laundering affects the profitability of
bank.

We are loosing customers due bad publicity on
money laundering.

We are loosing more money than what we gain
on money laundering.