KYC updation of Straight Through Processing (STP) Accounts — Review of Instruction by RBI
Ministry of Finance/वित्त मंत्रालय
O/o Controller General of Accounts/महालेखा नियंत्रक कार्यालय
Mahalekha Niyantrak Bhawan/महालेखा नियंत्रक भवन
E-Block, GPO Complex, INA/ब्लॉक-ई, जी.पी.ओ. काम्प्लेक्स, आई.एन.ए.
New Delhi-110023/ नयी दिल्ली-110023
ईमेल : sao-rbd[@]nic.in, दूरभाष संख्या: 011-24665382/383
File No. R-08/3/2024-GBA-CGA/E.15943/1058-62
Dated:- 27th October, 2026
Office Memorandum
Sub: Review of Instruction related to KYC updation of STP Accounts-reg.
Straight Through Processing (STP) accounts are (i) opened for specific Schemes/purposes/processes, and (ii) classified as ‘Low Risk’ category accounts. The Reserve Bank of India has revised the existing KYC instructions applicable to STP Accounts to maintain the integrity and accuracy of account records.
2. In view of the above, the communication received from RBI vide letter No. CO.DGBA.GBD.No.S526/44-02-001/2026-2027 dated 06th October, 2026, along with the revised instructions and annexures, is enclosed for your kind information. It is therefore requested to kindly ensure timely submission of updated KYC documents on incumbency changes and re-KYC cycles.
This issues with the approval of Competent Authority.
(Madhu Sharma)
Sr. Dy. Controller General of Accounts (GBA)
Encl. as above
To
- All Pr. CCAs/ CCAs/ CAs (with independent Charges) of Ministries/Departments of Government of India.
- Sr. PPS to CGA
- PS to Addl. CGA(A&FR)
- Sr. AO (ITD) with the request to upload this OM on CGA’s website.
Guard File.
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