To equip the trainees with advantages and disadvantages of economies and diseconomies of scale.
- Teacher: Hawo Abdullahi
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.
- Teacher: Eric Maina
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
- Teacher: ISABELLAH MUTWIRI
BY THE END OF THE COURSE THE TRAINEE SHOULD BE ABLE TO IDENTIFY THE LAWS REGULATING BANK OPERATIONS
- Teacher: ISABELLAH MUTWIRI
COURSE OBJECTIVE
- Teacher: Fridah Miriko