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Elements of Banking

Start Date:

10 Dec 2018

Duration:

5 Days

Cost:

QAR 6750

Description:

Course Name: Elements of Banking
Course Information
This course introduces participants to the basics of banking operations and financial services, in particular the general principles of banking operations, introduction to the financial sector and banking systems. An overview of the nature and operations of International Trade, Foreign Exchange transactions would be discussed well. The standard application of Know Your Customer and Customer Due Diligence in Banking Operations would be emphasized while participants would have the opportunity of having introduction to the concept and overview of Islamic Banking products/ operations and Money Laundering processes and Anti-Money Laundering regulations

Objectives
On completion of the course, participants would be expected to have gained:

An idea of the concept and overview of domestic banking operations
A clear knowledge on the process of operations in domestic banking
An introduction to the central banking operations, roles and responsibilities in the nation’s economy
Understanding of the various types of conventional banking products and customers
Basic understanding of the composition and content of the bank’s balance sheet
Understanding of international trade and foreign exchange operations
Understand the development, concepts and principles of Islamic banking products and services
Anti-money laundering overview and awareness
Comprehension of the internal control policies and compliance culture in our operations environment
Risks confronted by banks in their operation and the need for regulation of banking sector

Target Audience
New employees in the banking sector; Existing employees in the early stages of their career whose practical experience to date have been limited

Prerequisites
None required

Course Structure
Lectures, discussions, case studies and exercises

Course Facts
Duration: 5 Days

Content Highlights

Development and control of the banking system
Central bank – definition and roles
Conventional banking products, various types of accounts and categories of customers
Payment methods and funds transfer system
Introduction to foreign exchange operations –spot and forward exchange rates
Collections/ documentary letters of credit
Islamic banking – instruments/products, roles and operations
Introduction to anti-money laundering awareness
Internal control policies and compliance in banking operations

Program Details:
Module 1: The Banking System

The Monetary System in Qatar
What is a Bank?
Importance of Banking
Functions of Modern Banks
Qualities of Good Banking System
Classification of Banks
Types of Banks and Financial Institutions
Bank Regulators
Balance Sheet of the Bank
Registered Banks and other Financial Institutions in Qatar

Module 2: Bank Customers

Who are the Bank’s Customers?

Personal Accounts
Joint Accounts
Business Accounts
Clubs and Societies

Module 3: Payment Methods & Bank Services

Payment Methods

Cash
Cheques
Banker’s Drafts
Credit Cards
Charge Cards
Debit Cards
Standing Order
Direct Debit

Implementation of International Bank Account Number (IBAN)
Other Bank Services

Module 4: Principles of Lending & Interest Rates

The Lending Process a) Meeting the Customer & Completing the Application b) Reviewing & Evaluating the Application c) Monitoring
The Interest Rates a) Interest Rates on Loans b) Interest Rates on Deposits

Module 5: The FX Market

What is FX?
The FX market
Exchange rates
Market participants
Dealing methods and communications
Exchange rate regimes

Module 6: Nature of International Trade Transactions

Principles of International Trade
Risks Attached to International Trade
Settlement of International Trade Transactions

Cash in Advance
Open Account
Collections
Documentary Letters of Credit

Module 7: Islamic banking – (overview)

Instruments
Products,
Roles and operations

Module 8: Anti-Money Laundering (AML) and Combating Financing of Terrorism (CFT)

What is Money Laundering?
QCB’s Regulation on Anti-Money Laundering (AML) and Combating financing of Terrorism (CFT)
Key AML/CFT Principles
General AML and CFT Responsibilities
Risk Based Approach

Elements of Banking

+974

4496 8333

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