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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
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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 evolution
- Definition of Banks
- Development of Saudi Bank.
- Role of Banks in Economic Development
- Functions of SAMA
- Goals of SAMA
- SAMA Regulatory Areas
- SAMA Means of Regulatory Supervision
- Bank account rules
- Current account
- Saving account
- Deposits account
- Deposit certificate
- 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
- 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
- Transfers
- Demand Drafts
- Standing Orders
- Banking Credit
- Credit Cards
- Documentary Credit
- Letters of Guarantee
- Investment
- Concept
- Evolution
- Characteristics
- Forms of Finance.
banks
SAMA
Banking Accounts
Opening Bank Accounts
Means of Withdrawals
Other Bank Products
Islamic Banking
- Money handling
- Banking products
- Means of Withdrawals
- Islamic Banking
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Fundamentals of Banking training course will be carried out through the use of best practices and the right combination of engaging and purposeful tools such as:
- Practice Fundamentals of Banking
- Presentation and discussions
- Questions and inquiries
- Practical applications
- Case Study
- Working groups and displaying results
- Training films related Fundamentals of Banking
- Appropriate individual and group mental activities and competitions
- Self-evaluation
- Final projects
The employees assigned to deal with different banking products and services, customer services, and those who are to be qualified for this purpose.