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Diploma in Banking and Finance- Stage 1

To equip the trainees with advantages and disadvantages of economies and diseconomies of scale.

This unit is intended to equip the trainees with knowledge and skills that will enable them to understand and apply accounting skills as a tool for evaluating the financial information of bank customers.

SYLLABUS SUMMARY;

TOPIC ONE

BANKER AND CUSTOMER RELATIONSHIP

Ø  General and special relationship-

Ø  Respective rights and duties

Ø  Mandates and power of attorney

Ø  Appropriation of payments

Ø  Set-off

Ø  Confidentiality

Ø  Indemnity

Ø  Safe custody of valuable (bailor - bailee relationship)

TOPIC TWO

BANKING OPERATIONS

-Payments, collection of cheques, and other instruments

-Charge credit and cheque guarantee cards

-Mandatory functions of the banker

- Respective rights and duties of drawer, drawee and banker relating to collection and payments of cheques and other instruments

- Standing orders, bankers payments, money orders, direct debits and credit clearing systems

-  Discount of bills

TOPIC THREE

TYPES OF ACCOUNTS

Opening and conducting of different types of accounts

Account Holders

Personal customers

Joint account customers

Administrators, executors, and trustees

Solicitors, Agents, insurance brokers and receivers

Unincorporated clubs and societies

Partnerships and limited companies

Legal position on the;

Ø  Death of customers

Ø  Insolvency of customers

Ø  Mental disorder of customers

Ø  Guarantee orders

Ø  Injunction and other legal process

 

TOPIC FOUR

SECURITIES FOR ADVANCES

Different types of properties as securities

Advantages and disadvantages of each security

Procedure of taking and releasing of securities

Effect of insolvency on securities

 

 


BY THE END OF THE COURSE THE TRAINEE SHOULD BE ABLE TO IDENTIFY THE LAWS REGULATING BANK OPERATIONS

COURSE OBJECTIVE


The learners should be able to introduce the marketing concept and how we identify, understand and satisfy the needs of customers and markets. To analyze companies and competitors and to introduce marketing strategy to increase awareness of the strategic and tactical decisions behind today's top performing brands.