The Course Content
Day One: Agency Banking Overview
Introduction and scope of the training program
Definition of agency banking
Typical activities
Prohibitions
Typical structures
Agency banking in the world
Day Two: Risk Environment
Industry analysis
Risk analysis
Risk management
Money laundering
Consumer protection
Day Three: Control Environment
Key roles and responsibilities of financial institution
Identifying and implementing appropriate controls
Establishment of agency banking relationship
Assessment of agents
Supervision of agents
Day Four: Reconciliation & Procedures
Settlement of transactions
Technology requirements
Accounting policies
Reconciliation of transactions
Management & Financial reporting
Day Five: Strategic Implementation
Strategic analysis to determine model and market
Developing a roadmap for agency banking
Implementation of best practices
Practical implementation in the organization
Conclusion