Menu

Changing the bank for pension account Do's and Dont's for Pensioners: Central Pension Accounting Office (CPAO) divides pension. CPAO sends the pensioners pension to his banks accounts.  This amount is sent to the authorized bank. To avoid fraud CPAO often avoids making changes in bank account. However, if the pensioner got has difficulty in accessing bank or branch, then by giving application can change the bank or branch.
Procedure for Transfer of Pension Payment from One Branch/Bank To Another

What are Categories described and process:CPAO does this change three-way. First, another branch of the same bank, the pension can be sent. Second shift at one location and other bank and third shift any bank and any location. The first category is the easiest to change. Indeed, banks are Bank Designated link, and then the pension is processed.
 
Application Process : Changes in the location or locations of the Paying Bank pensioner have given a written application given to bank mange and also attested from old bank manager. The request Copies to be sent to the new and old link bank branches. A copy is also has sent to CPAO. The bank account details of the required changes and new pension arrangement is like this. This letter must be attached with the pension payment order. During transmission, you can find pension in the new branch. It has to perform PPO and transfer requests.
Take care of these things during process of these requests :Complete new bank without being processed on the basis of the request letter and PPO also may pay up to 3 months. The old bank from the date of the last payment is given on PPO copy of the bank. This link is sent to the bank, so due to not mistake of double payment.

How we work

Bitcoin is a cryptocurrency, which is a form of electronic cash. This is the first decentralized digital currency: the system was designed to work without a central bank or a single administrator. Many economists and investors consider the Bitcoin market to be a bubble. Bitcoin has also been criticized for its use in illegal transactions, its high power consumption, price instability, and theft from exchanges.

What Is Real Cryptocurrency
Bitcoin is made as a reward for the process known as mining. They can be exchanged for other currencies, products and services. The research produced by Cambridge University estimates that in 2017, there were 2.9 to 5.8 million unique users using cryptocurancency wallet, most of which used bittoine. A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies.

Bitcoin, created in 2009, was the first decentralized cryptocurrency. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins, as a blend of bitcoin alternative. Bitcoin and its derivatives use decentralized control as opposed to centralized electronic money/central banking systems . The decentralized control is related to the use of bitcoin's blockchain transaction database in the role of a distributed ledger
 
Top