IBS – DEPOSIT TRAINING
The IBS Deposit Training will focus on providing in depth knowledge and skills to understand one of the supported core modules within Integrated Banking System. Understanding the functional and technical aspect of IBS Deposit is essential when a participant performs the role of a Subject Matter Specialist for selected deposit module.
Outcome
Participants shall have an understanding of the terminology used within the Integrated Banking System Deposit module as well as getting familiar with interest calculation, withholding calculation and penalty calculation. Cheque handling, ODP creation & closure, account maintenance/inquiry functions are also covered within the training.
OUTLINE
- Current account
- Savings account
- Deposit transaction
- Interest crediting
- Collateral creation
- Overdraft
- Cheque clearing
- Fixed deposit
- Inventory
