The PPS form (Pre-Printed Stationery form)

 

The PPS form (Pre-Printed Stationery form) is commonly used in banking and financial institutions for high-value payments, particularly through RTGS (Real Time Gross Settlement) or NEFT in India. The form is used to prevent fraud and ensure authenticity, especially when large amounts are involved.

Regarding the "PPS form of BANI", there might be a mix-up or a specific internal context. Here are two possible interpretations:

1. If BANI refers to a person or entity:

Then “PPS form of BANI” could mean:

The PPS format (or specimen) used by BANI for authorizing high-value payments.

In that case, you’d need to provide a format that includes:

• Pre-printed letterhead of BANI

• Authorized signatory details

• Beneficiary bank details

• Payment amount and purpose

• Signature with seal

• Possibly, a banker’s verification

2. If BANI is an acronym or system:

If BANI is a system or institution (like a software or banking entity), then the PPS form would be the standard template it uses for high-value payment authorization.

[On the Letterhead of the Organization – e.g., BANI]

To  

The Manager  

[Bank Name and Branch]

Date: __________

Subject: Authorization for High-Value Payment through RTGS/NEFT

Dear Sir/Madam,

We request you to process the following high-value payment:

1. **Beneficiary Name:**  

2. **Account Number:**  

3. **IFSC Code:**  

4. **Bank & Branch:**  

5. **Amount (INR):**  

6. **Payment Mode:** RTGS / NEFT  

7. **Purpose of Payment:** ___________

This instruction is being issued on our official Pre-Printed Stationery in compliance with PPS norms for high-value transactions.

Authorized Signatory:  

Name: ___________  

Designation: ___________  

Signature: ___________  

Company Seal:

[Bank Acknowledgment Section, if required]