Skip to content

Electronic Transfer of Funds


KESDEE Inc

Summary

Price
£37.59 inc VAT
Study method
Online
Duration
1 hour · Self-paced
Qualification
No formal qualification

Add to basket or enquire

Overview

This e-learning course on BBM - Payment and Settlement System is designed to help users understand various modes of payment and settlement systems specially electronic ways. Further, the course discusses in detail mechanism of electronic funds transfer.

Description

  • The principles of payment and settlement system
  • The instruments of payment and settlement system
  • Electronic Funds Transfer mechanism
  • The process of RTGS
  • Features of different electronic devices like ATM, Point of Sale system

This course provides an understanding of:

  • Definition of EFT
  • The features and advantages of EFT
  • The types of EFT
  • The process of RTGS
  • Identification of the features of Automated Clearing System (ACS)
  • The features and advantages of ATMs
  • The features of Point of Sale system

Who is this course for?

Those who are interested in understanding the marketing aspect of services of a bank.

Questions and answers


No questions or answers found containing ''.


Ibrahim M Conteh asked:

Would i be given a certificate after going through the exam?

Answer:

Hello Ibrahim, Thank you for your message. We wish to inform that we will award 'Certification of completion' once the user finish the course and score 70% in quizzes provided at the end of the course. This certificate acts as a proof for the enhancement of user's skills and knowledge in particular topic. No hard copies of certificates are provided. Regards, Manoj M Client Service Team KESDEE Inc.

This was helpful. Thank you for your feedback.

Reviews

Currently there are no reviews for this course. Be the first to leave a review.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.