Dear Suma,
Where Finance Department is in existence, it is the duty of Finance Department to open the accounts, but with the assistance of the HR or Admn Department, whosoever is interacting more with the employees, as only they know well the credentials of the employees, so that no bogus account is opened. They have to certify the correctness of identity of their employees.
However, where there is no full fledged Finance department, as like in small organisations, only the admn, having always direct interaction with the employees, has to assist the cheque drawing authority to open the accounts, as only they know the identity of the employees of the organisation. HR has several other functions to do to assist every department.
P S Dhingra
Vigilance & Management Consultant
Dhingra Consultancy Group
New Delhi
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