Training on Agency Banking Course

Why Choose This Course? 

This highly participative and comprehensive Agency Banking training course will help you understand the benefits of agency banking, especially in an emerging economy context. You'll gain practical insights into implementing the principles to unlock the benefits of the model. Agency banking allows private entities to provide basic banking services on behalf of a bank, enhancing financial inclusion by overcoming barriers like cost and accessibility.

Course Features

• Overview of Agency Banking: Understand the model and its benefits.
• Control Environment: Learn to implement effective controls.
• Risk Analysis: Analyze various risks impacting agency banking.
• Practical Guidelines: Work effectively with agents.
• Financial Integration: Tools for accounting and financial reporting.
• Implementation Roadmap: Develop a strategic plan for agency banking.

Training Objectives

By the end of this course, delegates will be able to:

• Define a Practical Model: Create an actionable agency banking model.
• Identify and Manage Risks: Assess risks and implement mitigation controls.
• Develop Financial Models: Incorporate models for accountants.
• Perform Reconciliation: Manage reconciliation of agency transactions.
• Draft an Implementation Roadmap: Integrate and implement the agency banking model.

Who Should Attend?

This course is designed for professionals with practical knowledge of the banking sector, including:

• Accountants seeking understanding of agency banking.
• Financial managers aiming for strategic implementation.
• External auditors enhancing technical skills and compliance.
• Internal auditors adding value through understanding.
• Professionals broadening their technical background in banking.

Course Content

Module One: Agency Banking Overview

• Introduction and Scope
• Definition and Structure of Agency Banking
• Global Perspectives

Module Two: Risk Environment

• Industry and Risk Analysis
• Money Laundering and Consumer Protection

Module Three: Control Environment

• Roles and Responsibilities
• Establishing Agency Relationships
• Supervision of Agents

Module Four: Reconciliation & Procedures

• Transaction Settlement and Accounting Policies
• Technology Requirements and Financial Reporting

Module Five: Strategic Implementation

• Strategic Analysis and Model Development
• Implementation of Best Practices
• Practical Application in Organizations

Certification

Upon successful completion, participants will be awarded the prestigious Uphilos Certificate. This certification acknowledges your expertise in agency banking and your commitment to advancing financial inclusion.