The worked question on this page is original educational practice. It is not represented as a question from an official previous-year examination paper.
01 / UNDERSTANDING
Review the question
Create an original supplier-change question where the correct action verifies the change through an existing contact. Keep the invoice unchanged and modify only the destination account. An original checkpoint is: How should an unexpected account-change instruction be checked? Supported answer: Confirm it through an independently established contact route before authorising payment. Explain the decisive fact, then alter one condition and solve again. This is an original practice method, not a claim that the question appeared in an official past paper.
02 / UNDERSTANDING
The concept in context
A displayed name can support a check but should not replace understanding the transaction and verifying suspicious changes independently. A useful study check is to compare recipient details with established records, then review amount and purpose before authorisation. Explain why the method fits the stated facts before applying it to a changed situation.
03 / UNDERSTANDING
A worked learning case
A fictional supplier emails a new account number shortly before an invoice is due. The payer compares it with prior records and contacts the supplier through the established phone route, rather than the new email’s number. The exercise focuses on independently confirming changed instructions before paying, because urgency does not establish that the change is genuine.
ORIGINAL EDUCATIONAL PRACTICE
Try it before you check.
How should an unexpected account-change instruction be checked?
Show the answer and reasoning
Confirm it through an independently established contact route before authorising payment.
The changed message could itself be the source of deception, so using only its supplied contact information would not provide an independent check. A known supplier contact can confirm whether the instruction is genuine. The payer should also verify the intended amount and purpose, rather than assuming a familiar invoice makes every detail reliable.
Two traps to watch for.
- Trusting changed payment details solely because an invoice looks familiar.
- Verifying a suspicious message using only its newly supplied contact.
YOUR TOPIC-SPECIFIC LEARNING MAP
Learn from the attempt
Compare recipient details with established records.
Independently confirm unexpected payment changes.
Review amount and purpose before authorisation.
Explain the idea, apply it to a new situation, then check what changed in your reasoning.
BANKERS TUTORIAL · SOURCE NOTES
Keep the source alongside your notes.
Official links provide subject context and authoritative reference material. This guide’s explanation, scenario and question are original Bankers Tutorial learning content.
- systemhealth.rbi.org.in https://systemhealth.rbi.org.in/cms.rbi.org.in/cms/assets/Documents/BEAWARE07032022.pdf
- www.rbi.org.in https://www.rbi.org.in/commonman/images/FAME%20Booklet%20second%20edition/FAME%20Booklet%20English/FAME30072020.pdf
For Banking foundations preparation, check the current official notice before relying on changing dates, rules or examination requirements.
