PET - Plain English Taxonomy

Attribute: OI14186
Concept:
Tuple: NumberFaceToFacePOPByLocationData
Label: Minimum branch requirements
Concept Guidance:
This indicates whether, as at the relevant date, the service channel has satisfied the Australian Prudential Regulation Authority's minimum branch requirement.A choice of TRUE/FALSE values.true = the service channel does meet the minimum branch requirement.false = the service channel does not meet the minimum branch requirement. To satisfy the minimum branch requirements, the following minimum face-to-face services must all be provided:-- accepts cash and other deposits (including business deposits) and provides change;-facilitates the keeping of accounts for customer access, including the provision of account balances;-opens and closes accounts;-can facilitate or arrange the assessment of the credit risk of existing and potential customers; and-offers additional services in the one establishment such as financial services, business banking and specialist lending, if these are generally available from the authorised deposit-taking institution (ADI). This point need not mean that a financial adviser or business credit manager be available in the branch - the staff of the branch may simply act as a referral point for customers interested in these kinds of services. 
Dimensions
This attribute does not have any dimensions.