Principles Of Banking

Category: Principles Of Banking

Course Description

To get participants involved about the technical performance procedures of different banking departments thereby increasing their effectiveness.

Who Should Attend

  • Newly Appointed staff
  • Junior and Senior staff who needs to update their Technical Banking Knowledge

Benefit of Attending

  • By the end of this course you will be able to:
  • Understand the work process of a bank’s different departments
  • Get a clear understanding of all the banking terms, work processes and how each department operates
  • Understanding Banking Environment and Culture
  • Learn about the banking industry as a whole
  • Gain an in-depth knowledge of Credit system, L/Cs, L/Gs and all the relevant information pertaining to each and every banking process.

Course Outline

  • Central Banks
  • Fields of control
  • Means of control
  • Deposits and Banking Accounts
  • Current – saving – deposits
  • (KYC) Know your customer standards
  • Checks
  • Parties , crossed checks , endorsement
  • Power of Attorney
  • Master and visa cards
  • Parties – charges – security marks – authorisation
  • Reconciliations – statements – services
  • Introduction to Credit Banking
  • Types of Credit
  • The main elements of the credit policy
  • Credit analysis
  • MARS +
  • Customers Interview
  • Asset Conversion Cycle
  • The financial statements analysis
  • Financial Rat
  • L/Cs
  • International Payment Tools
  • Advance payment – Open accounts – Collections – L/Cs
  • Avalized drafts
  • L/Cs parties
  • Irrevocable / confirmed L/C
  • Transferrable L/C
  • Back to Back L/C
  • Revolving L/C
  • Standby L/C
  • Assignment of proceeds
  • Terms of Delivery
  • Shipping documents
  • Partial shipments
  • Trans-shipments
  • Allowances
  • Types of payment
  • L/Gs
  • L/Gs parties
  • Characteristics
  • Elements
  • Obligations and commitments
  • Forms
  • Types
  • Bid Bond
  • Performance Bond
  • Advance Payment Bond
  • Retention Bond
  • Shipping Guarantee
  • External Guarantee
  • Amendments
  • W.I.F.T
  • The forms MT700…799
  • MT400…499
  • MT200…299
  • Foreign Exchange Rates
  • Customers , staff , Bank Note , Special , Book and Cross rates
  • Nostro and Vostro Accounts
  • Bankers Drafts
  • Remittances
  • Travel checks
  • Purchasing checks
  • Case StudiesGroup Activities.