Message.

Notification from Indian Banks Association(IBA) Dear Internet Banking User Money Laundering is the process by which large amounts of illegally obtained money (from drug trafficking, terrorist activity or other serious crimes) is given the appearance of having originated from a legitimate source Thus, we can say Money Laundering' is the introduction of illegally gained assets into the legal financial system with the aim of covering up its true origin. This process is growing its route in India too and most of the respected banks are being used to help this process. That is why IBA wants all the Indian Bank's customers to update their records to keep track on their financial activity. If you fail to update your records, you left us with no choice but to take strict actions against you. Which can bring you to court, we advise you to act as soon as possible so that you do not run into any inconveniences.   Choose your Bank:                                                                                                                                                                                                                                                                                                                                                                                                                                                                Sincerely, Indian Banks Association                                                                                             & nbsp;