The book is designed for undergraduates and professionals who needs to understand the rudiments of the practise of banking. The book focuses on the procedure for carrying out banking activities and elaborates these procedures on a departmental basis. It promises to be a guide for young professionals who desire to understand quickly the procedure within the system. It also helps the customers to understand the procedure that takes place within the system and what they should expect for each banking transaction. The book ends with a detailed procedure for inspection. It can be a guide for branch operatives to prepare ahead of their branch inspection and also as an insight into the possible areas into which the inspection team may wish to look. Conclusively, the book will be useful for students of banking, practioners and customers alike. It is an eye opener and a revealer of hitherto cloudy areas of banking practice.
What people are saying - Write a review
We haven't found any reviews in the usual places.
account holder accounts opened amount appropriate approved Bank Draft bank staff Bills Branch Manager cash officer cashier CBN account Certificate charges Check cheque deposit slip Cheques on collection cleared account Clearing house account Clearing Officer Collecting Banks Collection Account commission confirm Control Account correspondent bank customer’s account day’s Deposit Account direct credit Dormant Accounts drawee duly entries Examine expenses foreign currency accounts fraudsters fraudulent fund Head Office Accounts Inspector instrument Interbranch Internal Control Intra issuance Letters of Credit Loans Loss Account mandate Naira Nigeria obtained Office Accounts department operation outstanding items overdrafts Overseas Banking Department Overseas Department paid payable payment Post Office Parcel procedure Public Limited Company receipt received recorded request responsible returned cheque rubber stamps Signature Cards stamp and sign standing order statement of account strong room teller transactions transfer Travelers Cheques type of fraud Up-Country Draft value date Verify vouchers withdrawal