Course Details

Complete framework of Banking principles and procedures for the fresh & aspiring bankers will be taught in this module. Guidance here is provided by experienced industry based professionals. Detailed course materials are given. Every kind of assistance regarding the course during the sessions are provided by our institution.

Course fundamentals:

Day 1

• The Banking Sector
• 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

Day2

• 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

Day 3

• 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

Day 4

• 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

Day 5

• S.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 Studies Group Activities