KESDEE Inc. - Largest provider of e-learning courses in Banking and Finance

Library 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.

Learning Objective

he 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

Target Audience

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

1. Payment and Settlement System

This course provides an understanding of:

The meaning of payment system and its importance
The principles of payment system
The instruments of payment and settlement system

Duration: 1 hour

2. Electronic Transfer of Funds

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

Duration: 1 hour