Training course information
Course outline
Training schedule

At the end of this course, the participants should be able to:

  • Learn about the concept of money, and its functions
  • Determine the role of banks in economic development
  • Be familiar with the regulations of SAMA and their role
  • Dealing with types of bank accounts

Money

  • The concept of Money, its conditions, evolution, types of money, and their functions
  • Measure the amount of money supplied, and the drivers of demand for money
  • The role of banks in creating money

Banks

  • banks evolution
  • Definition of Banks
  • Development of Saudi Bank.
  • Role of Banks in Economic Development

SAMA

  • Functions of SAMA
  • Goals of SAMA
  • SAMA Regulatory Areas
  • SAMA Means of Regulatory Supervision

Banking Accounts

  • Bank account rules
  • Current account
  • Saving account
  • Deposits account
  • Deposit certificate

Opening Bank Accounts

  • Procedures for opening accounts
  • Documentation Required to open a Bank Account
  • the power of attorney in banking
  • Rights and obligations between the Bank & the Customer
  • Dealing with dormant accounts
  • Reasons for closing bank accounts

Means of Withdrawals

  • Cash Withdrawals by Personal Check.
  • regulations and practices, which are related to checks
  • Cash Withdrawals by Counter Check
  • Pay for Purchases by P.O.S
  • Cash Withdrawals by ATM

Other Bank Products

  • Transfers
  • Demand Drafts
  • Standing Orders
  • Banking Credit
  • Credit Cards
  • Documentary Credit
  • Letters of Guarantee
  • Investment

Islamic Banking

  • Concept
  • Evolution
  • Characteristics
  • Forms of Finance.

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2025 Training Schedule

Training course language: Arabic

Training course venue: Dammam

Training course end date: 18 September، 2025

Training course start date: 14 September، 2025

Training course language: Arabic

Training course venue: Jeddah

Training course end date: 4 December، 2025

Training course start date: 30 November، 2025

Training course fee : SAR 7800

Fundamentals of Banking

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