Maintaining Trust Bank

Writer: Krisna Wijaya

Why do banks always referred to as institutional trust? This is not because the bank sold securities in the form of demand deposits, savings, and deposits. Customers who come into a banking institution with the money they are then replaced with securities of the relevant bank institutions. Why are letters and documents that become valuable? This is because with such a document showing ownership, such as bilyet the form of deposits, customers can withdraw funds in accordance with the requirements imposed. In connection with the public trust given to banks, trust is embodied in the form of a secret who buys precious letter or in other words the bank to keep confidential information relating to customers. In addition banks are required to identify risks through what is called the know your customer (KYC). Through the application of KYC, banks keep records of information about its customers.
Another thing that must be done in order to maintain trust is the imposition of an obligation to report suspicious transactions. Suspicious transactions that can not always be convicted as a criminal act. Client confidentiality is the bank's liabilities are protected by law. Why is there a link with the confidence and stability in banking? First, the stability of banking in practice more influenced by the ability of banks to manage resources and use of funds. It is the cri banking business anywhere that the savings are always short-term duration, while a longer duration pinjamanan. Second, the nature of securities, whether in the form of checking, savings, and deposits can not be traded, but it is liquid. Thus, a bank savings is very sensitive when withdrawn immediately and in a large amount of funding, while funding has not returned because it is still used for credit.

We recommend about maintaining confidence in the banks that if there is information to produce a rumor or should we not too sure. So as not to disrupt the stability of banks.

Embodied: terkandung
In connection with the public trust given to banks, trust is embodied in the form of a secret who buys precious letter or in other words the bank to keep confidential information relating to customers.
Immediately: segera
Thus, a bank savings is very sensitive when withdrawn immediately and in a large amount of funding, while funding has not returned because it is still used for credit.

References:
Wijaya, K. (2010, February 15). Maintaining Trust Bank. Bisnis & keuangan. Jakarta: Kompas.